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World Development Report 2014

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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Main Author: World Bank
Format: Online
Language:en_US
Published: Washington, DC 2013
Subjects:
Online Access:https://hdl.handle.net/10986/16092
https://doi.org/10.1596/978-0-8213-9903-3
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author World Bank
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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.
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spelling wb-10986-160922025-04-15T11:30:04Z World Development Report 2014 Informe sobre el desarrollo mundial 2014, Riesgo y oportunidad : la administración del riesgo como instrumento de desarrollo - Panorama general Rapport sur le développement dans le monde 2014 : Risques et opportunités - La gestion du risque à l'appui du développement - Abregé  Informe sobre el desarrollo mundial 2014 : riesgo y oportunidad - La administración del riesgo como instrumento de desarrollo : panorama general Rapport sur le developpement dans le monde 2014 : risques et opportunites - la gestion du risque a l'appui du developpement : abrege Relatório Sobre o Desenvolvimento Mundial 2014 : risco e oportunidade - gerenciamento de riscos para o desenvolvimento : visão geral Informe sobre el desarrollo mundial 2014 : riesgo y oportunidad - La administración del riesgo como instrumento de desarrollo : panorama general Rapport sur le developpement dans le monde 2014 : risques et opportunites - la gestion du risque a l'appui du developpement : abrege Relatório Sobre o Desenvolvimento Mundial 2014 : risco e oportunidade - gerenciamento de riscos para o desenvolvimento : visão geral Risk and Opportunity—Managing Risk for Development World Bank cohesion countercyclical policies crisis financial stability living standards flexibility informality insurance macroprudential regulation national risk board opportunity prosperity resilience risk risk management risk management tools risk prevention risk sharing safety nets social protection vulnerability 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. En los últimos años el mundo ha padecido numerosas crisis. Las conmociones financieras y económicas han alterado la economía mundial y han provocado pérdida de ingresos, empleos y estabilidad social. Diversos desastres naturales de gran intensidad han devastado comunidades enteras, dejando a su paso una estela de muertes y pérdidas económicas. Ha crecido la preocupación por el calentamiento de la Tierra, y los temores por la propagación de enfermedades mortales contagiosas. En este informe se demuestra que la administración eficaz del riesgo puede ser un poderoso instrumento de desarrollo: puede salvar vidas, evitar conmociones económicas y ayudar a las personas a forjarse un futuro mejor y más seguro. El Informe sobre el desarrollo mundial 2014 se centra en la administración del riesgo y analiza las sinergias, los mecanismos de compensación y las prioridades que supone abordar distintos riesgos en distintos contextos, con el único propósito de impulsar el desarrollo. El informe argumenta que la administración del riesgo puede ser un poderoso instrumento de desarrollo, no sólo porque propicia la capacidad de recuperación de los individuos y por ende reduce los efectos de los acontecimientos adversos sino también porque les permite aprovechar las oportunidades para mejorar su calidad de vida. Por ello insta a administrar los riesgos de manera proactiva y sistemática, en lugar de afrontar el problema ya se ha producido. Depuis 25 ans, le monde connaît des changements sans précédent qui, dans bien des cas, sont synonymes de progrès. Dans tous les continents, de nombreux pays se sont engagés dans la voie de l’intégration internationale, des réformes économiques, de la modernisation technologique et de la participation démocratique. Les grands changements que traverse la planète ouvrent des perspectives toujours plus nombreuses, mais sont aussi porteurs de risques qui vont du chômage et de la maladie aux dangers liés aux tensions sociales et à la dégradation de l’environnement. Si rien n’est fait pour y remédier, ces risques peuvent déclencher des crises qui réduisent à néant des progrès chèrement acquis et mettent en péril les réformes sociales et économiques à l’origine des progrès. Ce Rapport sur le développement dans le monde 2014 fait valoir que la solution ne consiste pas à rejeter le changement pour éviter les risques, mais plutôt à se donner les moyens de faire face aux risques et d’exploiter les opportunités qui découlent du changement. Il soutient que les individus peuvent parvenir à faire face à des risques bien trop importants pour leurs seules ressources en s’associant à d’autres pour les gérer et pallier, notamment, le manque de ressources et d’information, les déficiences cognitives et les biais de comportement, l’absence de marché et de biens publics, les externalités sociales et l’exclusion. Le Rapport aborde aussi certaines des questions les plus pressantes, notamment sur le rôle que l’État doit jouer pour aider les individus à gérer leurs risques. Ce Rapport propose aux responsables de l’action publique diverses observations et recommandations. Il devrait servir de guide au dialogue, aux opérations et aux réalisations des principaux intervenants dans le domaine du développement — de la société civile et des autorités nationales à la communauté des bailleurs de fonds et aux organisations internationales de développement. 2013-10-07T03:10:06Z 2013-10-07T03:10:06Z 2013-10-06 978-0-8213-9903-3 10.1596/978-0-8213-9903-3 https://hdl.handle.net/10986/16092 https://doi.org/10.1596/978-0-8213-9903-3 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf text/plain application/pdf text/plain Washington, DC
spellingShingle cohesion
countercyclical policies
crisis
financial stability
living standards
flexibility
informality
insurance
macroprudential regulation
national risk board
opportunity
prosperity
resilience
risk
risk management
risk management tools
risk prevention
risk sharing
safety nets
social protection
vulnerability
World Bank
World Development Report 2014
title World Development Report 2014
title_full World Development Report 2014
title_fullStr World Development Report 2014
title_full_unstemmed World Development Report 2014
title_short World Development Report 2014
title_sort world development report 2014
topic cohesion
countercyclical policies
crisis
financial stability
living standards
flexibility
informality
insurance
macroprudential regulation
national risk board
opportunity
prosperity
resilience
risk
risk management
risk management tools
risk prevention
risk sharing
safety nets
social protection
vulnerability
url https://hdl.handle.net/10986/16092
https://doi.org/10.1596/978-0-8213-9903-3
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