Sovereign disaster risk financing and insurance impact appraisal

2015 ◽  
Vol 20 (2) ◽  
pp. 241-256 ◽  
Author(s):  
T.-L. Teh
Keyword(s):  
International Development ◽  
World Bank ◽  
National Level ◽  
Economic Cost ◽  
Disaster Risk ◽  
Disaster Reduction ◽  
Joint Project ◽  
The World Bank ◽  
The Uk ◽  
Disaster Risk Financing

AbstractThe combination of increasing vulnerability and intensity of natural disasters has led to severe humanitarian impacts in recent years. The uncertainty of environmental change and growing populations suggests that this trend is a cause for significant concern. Increasingly, nations are seeking additional methods to increase their financial resilience to disaster events. Sovereign disaster risk financing and insurance (SDRFI) may be the panacea for managing disaster risk at a national level. However, there is a need for better evidence to enhance, guide and support these programmes. The design of SDRFI programmes aim to maximise their impact and reduce the human and economic cost of disasters. This paper presents an overview of 16 technical background papers that offer insights into the development of an impact appraisal methodology for SDRFI evaluation. The papers are part of a joint project between the UK Department for International Development and the World Bank and the Global Facility for Disaster Reduction and Recovery.

scholarly journals Biased Policy Professionals

2019 ◽  
Vol 33 (2) ◽  
pp. 310-327 ◽  
Author(s):  
Sheheryar Banuri ◽  
Stefan Dercon ◽  
Varun Gauri
Keyword(s):  
Decision Making ◽  
International Development ◽  
World Bank ◽  
Development Policy ◽  
Public Servants ◽  
Private Capacity ◽  
The World Bank ◽  
Subject Pool ◽  
The World ◽  
The Uk

Abstract Although the decisions of policy professionals are often more consequential than those of individuals in their private capacity, there is a dearth of studies on the biases of policy professionals: those who prepare and implement policy on behalf of elected politicians. Experiments conducted on a novel subject pool of development policy professionals (public servants of the World Bank and the Department for International Development in the UK) show that policy professionals are indeed subject to decision-making traps, including the effects of framing outcomes as losses or gains, and, most strikingly, confirmation bias driven by ideological predisposition, despite having an explicit mission to promote evidence-informed and impartial decision making. These findings should worry policy professionals and their principals in governments and large organizations, as well as citizens themselves. A further experiment, in which policy professionals engage in discussion, shows that deliberation may be able to mitigate the effects of some of these biases.

'Mega-foundations' will help global aid programmes

2016 ◽  
Keyword(s):  
International Development ◽  
World Bank ◽  
International Aid ◽  
Large Individual ◽  
Healthcare Education ◽  
Content Type ◽  
The World Bank ◽  
The World ◽  
The Uk

Subject The role of 'mega-foundations' in aid programmes to developing countries. Significance International development has changed with the advent of private-sector 'mega-foundations', which have gained influence in how NGOs operate, how public-private partnerships are formed and how international aid programmes shape domestic policies and agendas. Especially in global health, the rise of mega-foundations has been auspicious and cautionary. In areas of international development assistance such as healthcare, education and agriculture, they have become influencers on par with traditional organisations such as the World Bank and the UK Department for International Development. Impacts Mega-foundations will facilitate programmes in areas once considered too costly for large individual foundations, such as HIV programmes. A sole funder or a few funders will dominate some sectors, particularly when there are low resources. 'Orphan sectors' may see more interest; these are sectors that are currently neglected as too minor by traditional funders. Provision of resources controlled by mega-foundations will allow them to transcend advocacy, engaging in agenda setting and implementation.

China’s Humanistic Zhong-Yong Approach to Educational Partnerships for International Development in Post-Covid-19: Confucian and Ubuntu Perspectives on Confucius Institutes and Classrooms in Africa

2021 ◽  
Vol 8 (2) ◽  
pp. 251-269
Author(s):  
Jun Li
Keyword(s):  
International Development ◽  
World Bank ◽  
Infrastructure Investment ◽  
Educational Institutions ◽  
Educational Partnerships ◽  
Investment Bank ◽  
The World Bank ◽  
Confucius Institutes ◽  
Core Characteristics ◽  
Unique Potential

Abstract Based on broad observations of the development of Confucius Institutes and Classrooms in Africa over a decade, this article focuses on educational partnerships between Chinese and African educational institutions and their implications for international development, as they relate to international development in the era of post-Covid-19. The author identifies the Confucian Zhong-Yong approach to educational partnerships through Confucius Institutes and Classrooms in Africa, a pragmatic model for educational development centered on Confucianism. Three core characteristics of Confucian educational partnerships – demand-driven, ethics-based and pragmatic – are seen as the key to the success of such partnerships. Reflecting on Ubuntu from a Confucian perspective, the author concludes that China’s humanistic Zhong-Yong approach to partnerships has a unique potential to re-envision education for international development in ways that may be of interest to such international developmental agencies as the Asian Infrastructure Investment Bank, the World Bank, and the United Nations.

The ‘Pillared-Privatisation’ of Pension Provision in the European Union: The Case of the United Kingdom

2002 ◽  
Vol 4 (1) ◽  
pp. 5-24 ◽  
Author(s):  
Patrick Ring ◽  
Roddy McKinnon
Keyword(s):  
European Union ◽  
World Bank ◽  
The European Union ◽  
Means Testing ◽  
The Road ◽  
The United Kingdom ◽  
The World Bank ◽  
The Government ◽  
The Uk ◽  
National Governments

Across the European Union, national governments are re-assessing the institutional mechanisms through which pension provision is delivered. This articles sets the debate within the wider context of the ‘pillared’ structural analysis often adopted by international institutions when discussing pensions reform. It then sets out a detailed discussion of developments in the UK, arguing that the UK is moving towards a model of reform akin to that promoted by the World Bank – referred to here as ‘pillared-privatisation’. The themes of this model indicate more means-testing, greater private provision, and a shift of the burden of risk from the government to individuals. An assessment is then made of the implications of UK developments for other EU countries. It is suggested that while there are strong reasons to think that other countries will not travel as far down the road of ‘pillared-privatisation’ as the UK, this should not be taken as a ‘given’.

Organizing Collaboration

2020 ◽  
pp. 22-42
Author(s):  
Constantine Michalopoulos
Keyword(s):  
The Netherlands ◽  
World Bank ◽  
Development Cooperation ◽  
The Political ◽  
Global Poverty ◽  
Poor Countries ◽  
Political Situation ◽  
The World Bank ◽  
The World ◽  
The Uk

The story of Eveline Herfkens, Hilde F. Johnson, Clare Short and Heidemarie Wieczorek-Zeul, all of whom, with different titles became ministers in charge of development cooperation in the Netherlands, Norway, the UK, and Germany in 1997–8, and what they did together to bridge the gap between rhetoric and reality in the war against global poverty, starts with a short discussion of their background. This is followed by a discussion of the political situation and the different government arrangements that determined development policy in their countries at the time. The last part of the chapter reviews the beginnings of their collaboration which focused on ensuring that the debt relief provided to highly indebted poor countries (HIPCs) in programmes supported by the World Bank and the IMF resulted in actually lifting people out of poverty.

Trust-Funded Partnership Programmes of the World Bank under the ario

2016 ◽  
Vol 13 (1) ◽  
pp. 126-148
Author(s):  
Andrea E. Stumpf
Keyword(s):  
International Development ◽  
World Bank ◽  
International Organizations ◽  
Third Parties ◽  
Fund Flows ◽  
Roles And Responsibilities ◽  
International Partnership ◽  
The World Bank ◽  
The World ◽  
Development Initiatives

This article suggests that the variety and complexity of international partnership programmes, especially those that contract major fund flows, can be sustained only if partners are able to allocate roles and responsibilities amongst themselves. The premise of this article is simple. Lest there be any doubt, agreed terms set forth in signed agreements and adopted partnership documents should be considered ‘rules of the organization’ under the ario, and should be recognized in allocating responsibility among international organizations and other partners in international development initiatives. A practical look at trust-funded partnership programmes involving the World Bank underscores the importance of lex specialis under the Articles on the Responsibility of International Organizations, including with respect to claims by third parties. At stake is the viability of such collaborative international development initiatives, which rests on the ability of partners to legitimately set their own terms for acknowledgment by others.

Institutional anomie and justification of morally dubious behavior and violence cross-nationally: A multilevel examination

2018 ◽  
Vol 52 (2) ◽  
pp. 250-271 ◽  
Author(s):  
Rena C Zito
Keyword(s):  
World Bank ◽  
National Level ◽  
Financial Hardship ◽  
World Values Survey ◽  
Institutional Anomie Theory ◽  
The World Bank ◽  
Anomie Theory ◽  
Cultural Systems ◽  
The World ◽  
Using Data

This study draws on insights from institutional anomie theory to examine justification of morally dubious behavior and violence cross-nationally. Further, it builds on a burgeoning body of multilevel institutional anomie theory and research on crime-relevant attitudes by considering whether and how individual financial hardship intersects with anomic structural and cultural systems at the national level, acknowledging that individual responses to anomie may be contingent upon experiences with such hardships. Results from multilevel modeling using data from 74,930 World Values Survey respondents in 52 nations, the World Bank, and other organizations provide partial support for the hypotheses. Specifically, conditions of “want amid plenty,” (Bjerregaard & Cochran, 2008a, p. 183) weakened family and education institutions, and monetary fetishism predict justifications cross-nationally. Moreover, economic inequality and individualism moderate the effect of financial hardship on justifications of morally dubious actions and violence, consistent with expectations.

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