World Development Report 2014: Risk and Opportunity - Managing Risk for Development

The past 25 years have witnessed unprecedented changes around the world?many of them for the better. Across the continents, many countries have embarked on a path of international integration, economic reform, technological modernization, and democratic participation. As a result, economies that had...

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Tác giả chính:	WorldBank
Định dạng:	Sách
Ngôn ngữ:	English
Được phát hành:	World Bank 2015
Những chủ đề:	Risk Resilience Crisis Risk management
Truy cập trực tuyến:	https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/56403
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spelling	oai:scholar.dlu.edu.vn:DLU123456789-564032023-11-11T05:34:45Z World Development Report 2014: Risk and Opportunity - Managing Risk for Development WorldBank Risk Resilience Crisis Risk management The past 25 years have witnessed unprecedented changes around the world?many of them for the better. Across the continents, many countries have embarked on a path of international integration, economic reform, technological modernization, and democratic participation. As a result, economies that had been stagnant for decades are growing, people whose families had suffered deprivation for generations are escaping poverty, and hundreds of millions are enjoying the benefits of improved living standards and scientific and cultural sharing across nations. As the world changes, a host of opportunities arise constantly. With them, however, appear old and new risks, from the possibility of job loss and disease to the potential for social unrest and environmental damage. If ignored, these risks can turn into crises that reverse hard-won gains and endanger the social and economic reforms that produced these gains. The World Development Report 2014 (WDR 2014), Risk and Opportunity: Managing Risk for Development, contends that the solution is not to reject change in order to avoid risk but to prepare for the opportunities and risks that change entails. Managing risks responsibly and effectively has the potential to bring about security and a means of progress for people in developing countries and beyond. Although individuals? own efforts, initiative, and responsibility are essential for managing risk, their success will be limited without a supportive social environment?especially when risks are large or systemic in nature. The WDR 2014 argues that people can successfully confront risks that are beyond their means by sharing their risk management with others. This can be done through naturally occurring social and economic systems that enable people to overcome the obstacles that individuals and groups face, including lack of resources and information, cognitive and behavioral failures, missing markets and public goods, and social externalities and exclusion. These systems?from the household and the community to the state and the international community?have the potential to support people?s risk management in different yet complementary ways. The Report focuses on some of the most pressing questions policy makers are asking. What role should the state take in helping people manage risks? When should this role consist of direct interventions, and when should it consist of providing an enabling environment? How can governments improve their own risk management, and what happens when they fail or lack capacity, as in many fragile and conflict-affected states? Through what mechanisms can risk management be mainstreamed into the development agenda? And how can collective action failures to manage systemic risks be addressed, especially those with irreversible consequences? The WDR 2014 provides policy makers with insights and recommendations to address these difficult questions. It should serve to guide the dialogue, operations, and contributions from key development actors?from civil society and national governments to the donor community and international development organizations. 2015-06-15T06:37:31Z 2015-06-15T06:37:31Z 2013 Book 9780821399033 9780821399828 https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/56403 en application/pdf World Bank
institution	Thư viện Trường Đại học Đà Lạt
collection	Thư viện số
language	English
topic	Risk Resilience Crisis Risk management
spellingShingle	Risk Resilience Crisis Risk management WorldBank World Development Report 2014: Risk and Opportunity - Managing Risk for Development
description	The past 25 years have witnessed unprecedented changes around the world?many of them for the better. Across the continents, many countries have embarked on a path of international integration, economic reform, technological modernization, and democratic participation. As a result, economies that had been stagnant for decades are growing, people whose families had suffered deprivation for generations are escaping poverty, and hundreds of millions are enjoying the benefits of improved living standards and scientific and cultural sharing across nations. As the world changes, a host of opportunities arise constantly. With them, however, appear old and new risks, from the possibility of job loss and disease to the potential for social unrest and environmental damage. If ignored, these risks can turn into crises that reverse hard-won gains and endanger the social and economic reforms that produced these gains. The World Development Report 2014 (WDR 2014), Risk and Opportunity: Managing Risk for Development, contends that the solution is not to reject change in order to avoid risk but to prepare for the opportunities and risks that change entails. Managing risks responsibly and effectively has the potential to bring about security and a means of progress for people in developing countries and beyond. Although individuals? own efforts, initiative, and responsibility are essential for managing risk, their success will be limited without a supportive social environment?especially when risks are large or systemic in nature. The WDR 2014 argues that people can successfully confront risks that are beyond their means by sharing their risk management with others. This can be done through naturally occurring social and economic systems that enable people to overcome the obstacles that individuals and groups face, including lack of resources and information, cognitive and behavioral failures, missing markets and public goods, and social externalities and exclusion. These systems?from the household and the community to the state and the international community?have the potential to support people?s risk management in different yet complementary ways. The Report focuses on some of the most pressing questions policy makers are asking. What role should the state take in helping people manage risks? When should this role consist of direct interventions, and when should it consist of providing an enabling environment? How can governments improve their own risk management, and what happens when they fail or lack capacity, as in many fragile and conflict-affected states? Through what mechanisms can risk management be mainstreamed into the development agenda? And how can collective action failures to manage systemic risks be addressed, especially those with irreversible consequences? The WDR 2014 provides policy makers with insights and recommendations to address these difficult questions. It should serve to guide the dialogue, operations, and contributions from key development actors?from civil society and national governments to the donor community and international development organizations.
format	Book
author	WorldBank
author_facet	WorldBank
author_sort	WorldBank
title	World Development Report 2014: Risk and Opportunity - Managing Risk for Development
title_short	World Development Report 2014: Risk and Opportunity - Managing Risk for Development
title_full	World Development Report 2014: Risk and Opportunity - Managing Risk for Development
title_fullStr	World Development Report 2014: Risk and Opportunity - Managing Risk for Development
title_full_unstemmed	World Development Report 2014: Risk and Opportunity - Managing Risk for Development
title_sort	world development report 2014: risk and opportunity - managing risk for development
publisher	World Bank
publishDate	2015
url	https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/56403
_version_	1782544289935392768

World Development Report 2014: Risk and Opportunity - Managing Risk for Development

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