Extent:
Online-Ressource (363 p)
Series:
Type of publication: Book / Working Paper
Language: English
Notes:
Description based upon print version of record
Cover; Contents; Foreword; Acknowledgments; Overview Risk and Opportunity; Overview; Risk is a burden but also an opportunity; Boxes; 1 Five key insights on the process of risk management from the World Development Report 2014; Risk management can be a powerful instrument for development; Figures; 1 Many people around the world are poor or live very close to poverty; they are vulnerable to falling deeper into poverty when they are hit by negative shocks; Profile; 1 The Gomez family: A modern tale of risk and resilience; 2 The benefits of risk management often outweigh the costs
2 A risky world: Trends in risk across regionsWhat does effective risk management entail?; Diagrams; 1 The risk chain: The nature and extent of outcomes depend on shocks, exposure, internal conditions, and risk management; 2 The interlinked components of risk management; 3 How does preparation for risk vary across countries?; Beyond the ideal: The obstacles to risk management; 4 Bringing the essentials of and obstacles to risk management together in policy design; The way forward: A holistic approach to managing risk
3 Key social and economic systems can contribute to risk management in complementary ways5 Which systems for which risks?; The household; 3 Education and health outcomes in developing countries are improving, but unevenly; The community; 4 People respond to shocks on their own and by pooling risk with others; The enterprise sector; 5 Self-employment is more prevalent in developing countries, especially in Sub-Saharan Africa and South Asia; The financial system; 6 Countries vary widely in the flexibility and formality of their product and labor markets
6 Should access to social insurance be tied to work status?7 Financial inclusion in savings, credit, and insurance across developing countries at different income levels; The macroeconomy; Maps; 1 Banking crises around the world, 1970-2011; The international community; 2 Government consumption became countercyclical in more than one-third of developing countries over the past decade; 7 An independent fiscal council can help overcome procyclical fiscal bias; 8 Economic, financial, and social interconnectedness are on the rise; An institutional reform to mainstream risk management
8 For certain global risks such as climate change, the international community should embrace incremental approaches that can lead to global solutions9 Selected policy recommendations from the WDR 2014; 4 Balancing the trade-offs in the institutional design of a national risk board; In conclusion: Five principles of public action for better risk management; Some closing thoughts; Notes; References; Part 1 Fundamentals of risk management; 1 Risk management can be a powerful instrument for development; Risk and opportunity; 1.1 A risky world: Risks vary over time and across regions
Why is risk management relevant for development?
ISBN: 978-0-8213-9903-3 ; 978-0-8213-9982-8 ; 978-0-8213-9903-3
Source:
ECONIS - Online Catalogue of the ZBW
Persistent link: https://www.econbiz.de/10012678187