Publication:
World Development Report 2014: Risk and Opportunity—Managing Risk for Development

dc.contributor.authorWorld Bank
dc.date.accessioned2013-10-07T03:10:06Z
dc.date.available2013-10-07T03:10:06Z
dc.date.issued2013-10-06
dc.description.abstractThe 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
dc.description.abstractEn 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.es
dc.description.abstractDepuis 25 ans, le monde connaĂ®t des changements sans prĂ©cĂ©dent qui, dans bien des cas, sont synonymes de progrès. Dans tous les continents, de nombreux pays se sont engagĂ©s dans la voie de l’intĂ©gration internationale, des rĂ©formes Ă©conomiques, de la modernisation technologique et de la participation dĂ©mocratique. Les grands changements que traverse la planète ouvrent des perspectives toujours plus nombreuses, mais sont aussi porteurs de risques qui vont du chĂ´mage et de la maladie aux dangers liĂ©s aux tensions sociales et Ă  la dĂ©gradation de l’environnement. Si rien n’est fait pour y remĂ©dier, ces risques peuvent dĂ©clencher des crises qui rĂ©duisent Ă  nĂ©ant des progrès chèrement acquis et mettent en pĂ©ril les rĂ©formes sociales et Ă©conomiques Ă  l’origine des progrès. Ce Rapport sur le dĂ©veloppement dans le monde 2014 fait valoir que la solution ne consiste pas Ă  rejeter le changement pour Ă©viter les risques, mais plutĂ´t Ă  se donner les moyens de faire face aux risques et d’exploiter les opportunitĂ©s qui dĂ©coulent du changement. Il soutient que les individus peuvent parvenir Ă  faire face Ă  des risques bien trop importants pour leurs seules ressources en s’associant Ă  d’autres pour les gĂ©rer et pallier, notamment, le manque de ressources et d’information, les dĂ©ficiences cognitives et les biais de comportement, l’absence de marchĂ© et de biens publics, les externalitĂ©s sociales et l’exclusion. Le Rapport aborde aussi certaines des questions les plus pressantes, notamment sur le rĂ´le que l’État doit jouer pour aider les individus Ă  gĂ©rer leurs risques. Ce Rapport propose aux responsables de l’action publique diverses observations et recommandations. Il devrait servir de guide au dialogue, aux opĂ©rations et aux rĂ©alisations des principaux intervenants dans le domaine du dĂ©veloppement — de la sociĂ©tĂ© civile et des autoritĂ©s nationales Ă  la communautĂ© des bailleurs de fonds et aux organisations internationales de dĂ©veloppement.fr
dc.identifier.doi10.1596/978-0-8213-9903-3
dc.identifier.isbn978-0-8213-9903-3
dc.identifier.other10.1596/978-0-8213-9903-3
dc.identifier.urihttps://hdl.handle.net/10986/16092
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectcohesion
dc.subjectcountercyclical policies
dc.subjectcrisis
dc.subjectfinancial stability
dc.subjectliving standards
dc.subjectflexibility
dc.subjectinformality
dc.subjectinsurance
dc.subjectmacroprudential regulation
dc.subjectnational risk board
dc.subjectopportunity
dc.subjectprosperity
dc.subjectresilience
dc.subjectrisk
dc.subjectrisk management
dc.subjectrisk management tools
dc.subjectrisk prevention
dc.subjectrisk sharing
dc.subjectsafety nets
dc.subjectsocial protection
dc.subjectvulnerability
dc.titleWorld Development Report 2014en
dc.titleInforme sobre el desarrollo mundial 2014, Riesgo y oportunidad : la administraciĂłn del riesgo como instrumento de desarrollo - Panorama generales
dc.titleRapport sur le dĂ©veloppement dans le monde 2014 : Risques et opportunitĂ©s - La gestion du risque Ă  l'appui du dĂ©veloppement - AbregĂ© fr
dc.title.alternativeInforme sobre el desarrollo mundial 2014 : riesgo y oportunidad - La administraciĂłn 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 RelatĂłrio Sobre o Desenvolvimento Mundial 2014 : risco e oportunidade - gerenciamento de riscos para o desenvolvimento : visĂŁo gerales
dc.title.alternativeInforme sobre el desarrollo mundial 2014 : riesgo y oportunidad - La administraciĂłn 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 RelatĂłrio Sobre o Desenvolvimento Mundial 2014 : risco e oportunidade - gerenciamento de riscos para o desenvolvimento : visĂŁo geralfr
dc.title.subtitleRisk and Opportunity—Managing Risk for Developmenten
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.crossref.titleWorld Development Report 2014
okr.date.disclosure2013-10-07
okr.date.doiregistration2025-04-15T11:30:03.719002Z
okr.doctypePublications & Research::Publication
okr.doctypePublications & Research
okr.externalurlhttp://siteresources.worldbank.org/EXTNWDR2013/Resources/8258024-1352909193861/8936935-1356011448215/8986901-1380046989056/WDR-2014_Complete_Report.pdf
okr.externalurlhttp://econ.worldbank.org/WBSITE/EXTERNAL/EXTDEC/EXTRESEARCH/EXTWDRS/EXTNWDR2013/0,,contentMDK:23330018~pagePK:8258258~piPK:8258412~theSitePK:8258025,00.html
okr.externalurlhttp://econ.worldbank.org/WBSITE/EXTERNAL/EXTDEC/EXTRESEARCH/EXTWDRS/EXTNWDR2013/0,,contentMDK:23459971~pagePK:8261309~piPK:8258028~theSitePK:8258025,00.html
okr.globalpracticeSocial Protection and Labor
okr.globalpracticeEducation
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
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okr.identifier.doi10.1596/978-0-8213-9903-3
okr.identifier.report81785
okr.itunes.appid783465047
okr.itunes.urlhttps://itunes.apple.com/us/app/world-development-report-2014/id783465047?mt=8
okr.language.supporteden
okr.language.supportedes
okr.language.supportedfr
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okr.peerreviewAcademic Peer Review
okr.topicPrivate Sector Development::Legal Regulation and Business Environment
okr.topicPrivate Sector Development::Small and Medium Size Enterprises
okr.topicSocial Protections and Labor
okr.topicSocial Protections and Labor::Labor Markets
okr.topicSocial Protections and Labor::Labor Policies
okr.topicSocial Protections and Labor::Skills Development and Labor Force Training
okr.topicSocial Protections and Labor::Vocational & Technical Education
okr.txturlhttp://documents.worldbank.org/curated/en/844111468151156193/text/817850WDR0SPAN00Box379841B00PUBLIC0.txtes
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