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Managing Risk for Development – Through a New World Bank MOOC

Sheila Jagannathan's picture

In the past two decades while the world has experienced global integration, technological innovation, and economic reforms, there has also been financial turbulence and continuing environmental damage. As the world changes, a host of opportunities are constantly arising, and with them, appear risks both new and familiar.  These risks range from the possibility of job loss and disease, to the potential for social unrest and natural disasters. This is the topic of a new World Bank Group MOOC illustrating how risk management can be used as a tool for development by helping to minimize crises but also unlocking important opportunities.

All About A MOOC (Not A Moose)

Maya Brahmam's picture

Well, it’s finally happening. The World Bank Institute is launching its first MOOC on climate change on January 27, 2014 on the Coursera platform. I still remember when we first talked about MOOCs (Massive Online Open Courses), colleagues wondered what they were. MOOC sounds like “Mook,” which means a foolish, insignificant, or contemptible person –not the same thing at all!

MOOCs are a way for many people to have access to knowledge – democratizing knowledge, if you will. According to a Short History of MOOCs and Distance Learning, the first MOOC was launched in 2008. It was on ‘Connectivism and Connective Knowledge/2008’ (CCK8) and was created by educators Stephen Downes and George Siemens. Based on a credit course at the University of Manitoba, Canada, this was the first class designed  as a ‘MOOC’ and used many different platforms to engage students with the topic, including Facebook groups, Wiki pages, blogs, forums and other resources. Around 2,200 people signed up for CCK08, and 170 of them created their own blogs. The course was free and open, which meant that anyone could join, modify or remix the content without paying (although a paid, certified option was offered).