Avoiding the “Planning Paradox”: The New World Bank Strategy Must Take Risk and Uncertainty into Account

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While effective risk management is essential for development, countries and institutions tend to ignore risks and uncertainty when planning ahead. A recent blog from Norman Loayza discusses the importance of strengthening the integrated assessment of various types of risks at regional and national levels. Norman’s blog can be accessed in this link.

Authors

Norman Loayza

Lead Economist, Research Department, World Bank

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