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World development report 2014: risk and opportunity - managing risk for development

The WDR 2014 argues that risk management can be a powerful instrument for development—not only by building people’s resilience and thus reducing the effects of adverse events but also by allowing them to take advantage of opportunities for improvement. This presentation at the UK launch of the report clarifies the importance, objectives and components of risk management, and what these imply for all societal levels, ranging from the individual to the international community.