Floods and Their Impacts on Firms: Evidence from Tanzania

Abstract

The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expressed in this paper are entirely those of the authors. They do not necessarily represent the views of the International Bank for Reconstruction and Development/World Bank and its affiliated organizations, or those of the Executive Directors of the World Bank or the governments they represent.

Climate Risk Stress Test: Impact of Climate Change on the Peruvian Financial System

“…With a focus on firms, Rentschler et al (2021) explore the impact of floods on busineses in Tanzania. While direct damages can be substantial, they tend to affect a limited fraction of all firms.…”