Risk and opportunity : managing risk for development / The World Bank.

Washington, DC : International Bank for Reconstruction and Development / The World Bank, [2013]

xvi, 343 pages : illustrations (chiefly color), color maps ; 28 cm.

"This work is a product of the staff of the World Bank with external contributions"--Title page verso.

Includes bibliographical references and index.

Overview. Risk and opportunity. Overview -- Part I. Fundamentals of risk management. Risk management can be a powerful instrument for development -- Beyond the ideal : obstacles to risk management and ways to overcome them -- Part II. The role of key social systems. Households are the first line of support to confront risk and pursue opportunity -- Cohesive and connected communities create resilience -- Fostering resilience and prosperity through a vibrant enterprise sector -- The role of the financial system in managing risk : more financial tools, fewer financial crises -- Managing macroeconomic risk : building stronger institutions for better policy outcomes -- The role of the international community : when risks exceed national capacity.