Publication: Preparing for the Next Crisis : Establishing a Vulnerability and Shock Monitoring and Response System in Indonesia
Date
2010-10
ISSN
Published
2010-10
Author(s)
World Bank
Abstract
Economic and natural crises and shocks
are unfortunately recurring events, but the better a country
is prepared for such eventualities, the lesser the impact
may be. In 2009, in the wake of the global economic crisis,
the Government of Indonesia piloted a Crisis Monitoring and
Response System (CMRS). The CMRS experience provides
valuable inputs for the design of a long-term Vulnerability
and Shock Monitoring and Response System (VSMRS). The CMRS
covered the whole country, which meant that there was no
need for a priori guesses on where crisis impacts might be
worst. This report is intended to provide inputs to a
discussion within Government of Indonesia agencies, and
between the Government and other interested parties (such as
donors, international agencies, etc), on what a nascent
VSMRS could look like, and how it could operate. It should
be stressed that this document does not provide a blueprint
for a fully-fledged VSMRS, primarily because such a system
could develop in so many ways that much of what would be
elaborated in detail might be of little use. The focus is
therefore primarylyon discussing general aspects of a VSMRS,
to build a common perception on the general direction of
such an initiative between the key stakeholders, and to
elaborate the concept later on together with a technical
working group tasked to do this.
Citation
“World Bank. 2010. Preparing for the Next Crisis : Establishing a Vulnerability and Shock Monitoring and Response System in Indonesia. © World Bank, Jakarta. http://openknowledge.worldbank.org/entities/publication/99c3ed29-e738-5e7f-9d14-8251e77cf9c8 License: CC BY 3.0 IGO.”