To learn about the reports' objectives, analytical framework, structure and more, download the Concept Note (.pdf)
The path of economic development is paved with risks and opportunities. On the one hand, facing risk is a difficult challenge; on the other, the opportunity for growth and welfare improvement may never materialize without confronting and even taking risks. This is true for individuals, families, enterprises, and nations.
The World Development Report (WDR) 2014, due out in the fall of 2013, will examine how improving risk management can lead to larger gains in development and poverty reduction. It will argue that improving risk management is crucial to reduce the negative impacts of shocks and hazards, but also to enable people to pursue new opportunities for growth and prosperity. Risk management is also a shared responsibility that requires the active participation of different economic and social systems, as well as the State.
Watch this video on how the Gomez confronted risk, and then tell us your story — we might include it in our report. Deadline for submissions is May 30, 2013, so hurry!
Video: International Policy Workshop in Preparation of the WDR 2014 on Managing Risk for Development
WDR 2014 Director Norman Loayza explains the objective and scope for the report (Berlin, Dec 2012)
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