Oil 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...
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...
View ArticleSeeing the Human Face of the Global Financial Crisis
The collapse of a US investment bank in the fall of 2008 turned a severe credit crunch into the worst financial crisis since the great depression, providing a blunt reminder that mismanagement of...
View ArticleVideo: The Story of Jan Sarkis
Going through the hoops with the support of the financial system: a composite story based on prevailing business practices from the World Development Report 2014. The Story of Jan Sarkis
View ArticleReflections from the WDR road show
Since the WDR 2014 launched in early October, members of the WDR team have been travelling to many cities in different countries to present the Report. These trips are colloquially known as the "road...
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Poverty and Disasters—Why resilience matters
Family whose home floods every year. Colombia Photo: © Scott Wallace / World Bank It is an alarming trend: extreme weather events and disasters recorded around the globe are increasing in frequency,...
View ArticleA White Coin for a Black Day: Reflections on Presenting the WDR 2014 in Africa
Following the launch of the World Development Report (WDR) 2014, Risk and Opportunity: Managing Risk for Development, various team members have been traveling to different countries to present its...
View ArticleRisks and Opportunities of Participation in Global Value Chains
Since the first industrial revolution, waves of technological improvement have changed the boundary of production and redefined the role of the state. The information and communication technology...
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