Managing Risk for Development
Suppose a political leader implements a policy that results in an economic crisis in the sense that, had he not implemented the policy in this instance, the crisis would not have occurred. In such a...
View ArticleWe need to move from arbitrary crisis response to systematic risk management:...
An old proverb cautions that “an ounce of prevention is worth a pound of cure.” There is a lot of truth to this: interventions to prevent infectious disease and infant malnutrition have repeatedly been...
View ArticleHow does risk affect your life? – Join us for a Live Chat on the World...
Adverse events coming from systemic or idiosyncratic risks may destroy lives, assets, trust, and social stability. While risks in some areas have diminished in recent years (notably health, and...
View ArticleProtecting the vulnerable during crisis and disaster: Part I
The following post is a part of a series that discusses 'managing risk for development,' the theme of the World Bank’s upcoming World Development Report 2014. Income support is an essential part of...
View ArticleProtecting the vulnerable during crisis and disaster: Part II Ethiopia’s...
The following post is a part of a series that discusses 'managing risk for development,' the theme of the World Bank’s upcoming World Development Report 2014. Despite more than 19 episodes of severe...
View ArticleGoing through the hoops with the support of the financial system: The Story...
The following post is a part of a series that discusses 'managing risk for development,' the theme of the World Bank’s upcoming World Development Report 2014. A composite story based on prevailing...
View ArticleRisk-taking by the enterprise sector can support people’s resilience
The following post is a part of a series that discusses 'managing risk for development,' the theme of the World Bank’s upcoming World Development Report 2014. Live in a poor country in Africa but get...
View ArticleDanger of a pandemic
The following post is a part of a series that discusses 'managing risk for development,' the theme of the World Bank’s upcoming World Development Report 2014. On February 15, 2013, an asteroid 45...
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Seizing Opportunities under Extreme Risks: Fragile and Conflict-Affected States
Fragile and conflict-affected countries confront some of the most extreme risks and constraints to their management that, if unaddressed, could create a vicious cycle of poverty, fragility, and...
View ArticleHelp Us Help You: Sharing the Responsibility for Managing Risk
The following post is a part of a series that discusses 'managing risk for development,' the theme of the World Bank’s upcoming World Development Report 2014.To know more and share your feedback click...
View ArticleCatastrophe bonds: The international community can facilitate the development...
The following post is a part of a series that discusses 'managing risk for development,' the theme of the World Bank’s upcoming World Development Report 2014.One thing financial markets are good at is...
View ArticleOil Price volatility – its risk on economic growth and development
The following post is a part of a series that discusses 'managing risk for development,' the theme of the World Bank’s upcoming World Development Report 2014.Crude oil is arguably one of the single...
View ArticleIncreasing Flood Risks Create Major Challenges for World’s Coastal Cities
Increasing flood risks create a major political and institutional challenge for the world’s coastal cities as ambitious and proactive action at the local level over the next decades will be needed to...
View ArticleMyopia and (dis-)incentives - The political economy of managing risk
The following post is a part of a series that discusses 'managing risk for development,' the theme of the World Bank’s upcoming World Development Report 2014.It is an old and well known criticism of...
View ArticleAvoiding the “Planning Paradox”: The New World Bank Strategy Must Take Risk...
The following post is a part of a series that discusses 'managing risk for development,' the theme of the World Bank’s upcoming World Development Report 2014.As the ancient Greek philosopher Heraclitus...
View ArticleWhy risk management for development organizations is important
The following post is a part of a series that discusses 'managing risk for development,' the theme of the World Bank’s upcoming World Development Report 2014.There are three fundamental challenges in...
View ArticleThe inside story of WDR 2014, Risk and Opportunity: Managing Risk for...
The King of Egypt dreamt that seven strong and healthy cows were eaten by seven scrawny and ugly ones. Then, he dreamt that seven hearty ears of corn were replaced with seven scorched and damaged...
View ArticleChampions of risk management
The declaration, in 1979, of the worldwide eradication of smallpox marked a highly unusual achievement. The only human disease ever to be eradicated, the eradication of smallpox is also unusual in...
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Phailin: Lessons Learned and More
“How can risk be measured and managed better globally? “This was the question posed to the panelists of the “Risk and Opportunity” event on Oct 9, 2013. It was ironic that a World Development Report...
View ArticleResilience is a worthy goal...
...but is only one aspect of what we can achieve with effective risk management.Resilience has become a sexy word in development. Ban Ki Moon has said that resilience should be an important component...
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