Critical Risks Of Different Economic Sectors

Author : Dmitry Chernov
Publisher : Springer Nature
ISBN 13 : 3030250342
Total Pages : 277 pages
Book Rating : 4.48/5 ( download)

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Download or read book Critical Risks of Different Economic Sectors written by Dmitry Chernov and published by Springer Nature. This book was released on 2019-12-03 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the major differences between the kinds of risk encountered in different sectors of industry - production (including agriculture) and services - and identifies the main features of accidents within different industries. Because of these differences, unique risk-mitigation measures will need to be implemented in one industry that cannot be implemented in another, leading to large managerial differences between these broad economic sectors. Based on the analysis of more than 500 disasters, accidents and incidents - around 230 cases from the production sector and around 280 cases from the service sector - the authors compare the risk response actions appropriate within different sectors, and establish when and how it is possible to generalize the experience of dealing with risks in any given industry to a wider field of economic activity. This book is mainly intended for executives, strategists, senior risk managers of enterprise-wide organizations and risk management experts engaged in academic or consulting work. By setting out clearly the sector differences in risk management, the authors aim to improve the practice of general risk assessment with regard to identifying and prioritizing risks, and of risk control with regard to planning appropriate mitigation measures.

Author : Leonardo Martinez-Diaz
Publisher : U.S. Commodity Futures Trading Commission
ISBN 13 : 057874841X
Total Pages : 196 pages
Book Rating : 4.12/5 ( download)

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Download or read book Managing Climate Risk in the U.S. Financial System written by Leonardo Martinez-Diaz and published by U.S. Commodity Futures Trading Commission . This book was released on 2020-09-09 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication serves as a roadmap for exploring and managing climate risk in the U.S. financial system. It is the first major climate publication by a U.S. financial regulator. The central message is that U.S. financial regulators must recognize that climate change poses serious emerging risks to the U.S. financial system, and they should move urgently and decisively to measure, understand, and address these risks. Achieving this goal calls for strengthening regulators’ capabilities, expertise, and data and tools to better monitor, analyze, and quantify climate risks. It calls for working closely with the private sector to ensure that financial institutions and market participants do the same. And it calls for policy and regulatory choices that are flexible, open-ended, and adaptable to new information about climate change and its risks, based on close and iterative dialogue with the private sector. At the same time, the financial community should not simply be reactive—it should provide solutions. Regulators should recognize that the financial system can itself be a catalyst for investments that accelerate economic resilience and the transition to a net-zero emissions economy. Financial innovations, in the form of new financial products, services, and technologies, can help the U.S. economy better manage climate risk and help channel more capital into technologies essential for the transition. https://doi.org/10.5281/zenodo.5247742

Author : El Bachir Boukherouaa
Publisher : International Monetary Fund
ISBN 13 : 1589063953
Total Pages : 35 pages
Book Rating : 4.52/5 ( download)

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Download or read book Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264737456
Total Pages : 136 pages
Book Rating : 4.57/5 ( download)

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Download or read book OECD Reviews of Risk Management Policies Risk Governance Scan of Kazakhstan written by OECD and published by OECD Publishing. This book was released on 2019-10-30 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents the governance framework in Kazakhstan for managing disaster risks. A wide range of disaster risks are present throughout the national territory, primarily floods, landslides, avalanches, but also extreme cold and heatwaves. The report reviews how the central government sets up a national strategy to manage these disaster risks, and how a national risk governance framework is formulated and executed.

Author : Yacov Y. Haimes
Publisher : John Wiley & Sons
ISBN 13 : 1119018013
Total Pages : 720 pages
Book Rating : 4.18/5 ( download)

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Download or read book Risk Modeling, Assessment, and Management written by Yacov Y. Haimes and published by John Wiley & Sons. This book was released on 2015-07-15 with total page 720 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents systems-based theory, methodology, and applications in risk modeling, assessment, and management This book examines risk analysis, focusing on quantifying risk and constructing probabilities for real-world decision-making, including engineering, design, technology, institutions, organizations, and policy. The author presents fundamental concepts (hierarchical holographic modeling; state space; decision analysis; multi-objective trade-off analysis) as well as advanced material (extreme events and the partitioned multi-objective risk method; multi-objective decision trees; multi-objective risk impact analysis method; guiding principles in risk analysis); avoids higher mathematics whenever possible; and reinforces the material with examples and case studies. The book will be used in systems engineering, enterprise risk management, engineering management, industrial engineering, civil engineering, and operations research. The fourth edition of Risk Modeling, Assessment, and Management features: Expanded chapters on systems-based guiding principles for risk modeling, planning, assessment, management, and communication; modeling interdependent and interconnected complex systems of systems with phantom system models; and hierarchical holographic modeling An expanded appendix including a Bayesian analysis for the prediction of chemical carcinogenicity, and the Farmer’s Dilemma formulated and solved using a deterministic linear model Updated case studies including a new case study on sequential Pareto-optimal decisions for emergent complex systems of systems A new companion website with over 200 solved exercises that feature risk analysis theories, methodologies, and application Risk Modeling, Assessment, and Management, Fourth Edition, is written for both undergraduate and graduate students in systems engineering and systems management courses. The text also serves as a resource for academic, industry, and government professionals in the fields of homeland and cyber security, healthcare, physical infrastructure systems, engineering, business, and more.

Author : Dean T. Jamison
Publisher : World Bank Publications
ISBN 13 : 1464805288
Total Pages : 426 pages
Book Rating : 4.88/5 ( download)

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Download or read book Disease Control Priorities, Third Edition (Volume 9) written by Dean T. Jamison and published by World Bank Publications. This book was released on 2017-12-06 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the culminating volume in the DCP3 series, volume 9 will provide an overview of DCP3 findings and methods, a summary of messages and substantive lessons to be taken from DCP3, and a further discussion of cross-cutting and synthesizing topics across the first eight volumes. The introductory chapters (1-3) in this volume take as their starting point the elements of the Essential Packages presented in the overview chapters of each volume. First, the chapter on intersectoral policy priorities for health includes fiscal and intersectoral policies and assembles a subset of the population policies and applies strict criteria for a low-income setting in order to propose a "highest-priority" essential package. Second, the chapter on packages of care and delivery platforms for universal health coverage (UHC) includes health sector interventions, primarily clinical and public health services, and uses the same approach to propose a highest priority package of interventions and policies that meet similar criteria, provides cost estimates, and describes a pathway to UHC.

Author : Detelinova, Iva
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 51 pages
Book Rating : 4./5 ( download)

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Download or read book From climate risk to resilience: Unpacking the economic impacts of climate change in Kenya written by Detelinova, Iva and published by Intl Food Policy Res Inst. This book was released on 2023-11-13 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Substantial model variability exists regarding the likely meteorological impact of climate change on Kenya, particularly with respect to future precipitation levels. Significant regional differences are expected, largely due to Kenya’s diverse climate profile. Overall, temperatures are projected to increase while future precipitation levels are highly uncertain. Climate change is expected to significantly affect coastal areas, including because of sea level rise risks, stronger winds, and an overall warmer and drier climate. This will likely harm important ecosystems, including wetlands, mangroves, and coral reefs. Some models project that arid and semi-arid areas may become drier and hotter, which would exacerbate preexisting water scarcity and agricultural challenges for the already vulnerable communities living there. That said, these projections are not corroborated by all models. The climate change impact on other areas, particularly south and west of Mount Kenya, could generally be positive, as it would provide even better conditions for agriculture. The key climate change risk for Kenya is from extreme events, in particular droughts and floods. The frequency and intensity of such events is likely to increase because of climate change. They also often lead to adverse knock-on effects, such as soil erosion, land degradation, and pest breakouts. Overall, Kenya’s updated Nationally Determined Contribution (NDC) (2020) estimates that between 2010 and 2020, adverse climate change-related events led to annual socioeconomic losses of 3–5 percent of total gross domestic product (GDP).

Author : Detelinova, Iva
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 43 pages
Book Rating : 4./5 ( download)

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Download or read book From climate risk to resilience: Unpacking the economic impacts of climate change in Mozambique written by Detelinova, Iva and published by Intl Food Policy Res Inst. This book was released on 2023-11-13 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mozambique is already vulnerable to extreme weather events and climate change is projected to exacerbate their frequency and intensity. The occurrence of cyclones and flooding has increased in recent years and the trend is expected to continue. The country’s coast—where 60 percent of the population, the three biggest cities, and critical infrastructure are situated—is most exposed to climate change-related risks, including damage from cyclones and projected sea level rise. Densely populated and low-lying regions, such as Zambezia, Nampula, Sofala, and Maputo Provinces, are particularly exposed to risks from flooding. More broadly, climate change is projected to increase average temperatures across the country and to result in higher variability in precipitation, especially in the south. The most critical economic sectors vulnerable to climate change in Mozambique are agriculture, transport, and potentially energy. In agriculture, maize is likely to be the most affected key crop. This can pose risks to food security (alongside expected higher food inflation because of climate change), given maize’s widespread cultivation and role in nutrition. The impact on other crops is likely to be more limited, and to a large extent driven by damages from increased frequency of extreme weather events. This could exacerbate challenges in the sector, which is already constrained by low productivity and limited arable areas. That said, climate change could create some opportunities; for example, rice yields are projected to improve. Most studies project agricultural production in the central region to be most adversely affected by climate change, albeit the impact varies by crop and within regions. Mozambique’s transport infrastructure is highly vulnerable to climate change due to the projected increase in flooding, the low proportion of paved roads, their limited interconnectivity, and the vulnerability of ports to cyclones and storm surges. Damages to Mozambique’s transport sector are likely to have knock-on effects to other sectors and can have significant regional implications, as the country serves as a conduit for landlocked neighboring countries. Infrastructure damages, alongside the projected coastal erosion, may severely affect the tourism sector. Furthermore, Mozambique’s high dependence on hydropower exposes it to losses from rainfall variability, which is expected to increase. The country’s largest hydropower plant is located downstream on the Zambezi River, which various studies project to dry up due to climate change. Increased water use in upstream countries (such as because of greater irrigation needs and in response to growing populations) could also pose risks to Mozambique’s hydropower sector.

Author : United States. General Accounting Office
Publisher :
ISBN 13 :
Total Pages : 184 pages
Book Rating : 4.01/5 ( download)

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Download or read book High-risk Series written by United States. General Accounting Office and published by . This book was released on 1999 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Detelinova, Iva
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4./5 ( download)

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Download or read book From climate risk to resilience: Unpacking the economic impacts of climate change in Zambia written by Detelinova, Iva and published by Intl Food Policy Res Inst. This book was released on 2023-11-14 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change is projected to cause an increase in average temperatures in Zambia and a decline in rainfall, particularly in the southern and western regions. The country experiences high rainfall variability, which climate change is expected to exacerbate, resulting in likely higher frequency and intensity of already reoccurring extreme weather events, such as droughts and floods. The combined effect of the temperature and precipitation projections is anticipated to cause a decrease in water availability at national level and to adversely affect the Zambezi, Kafue, and Luangwa River Basins. Overall, these trends will exacerbate existing vulnerabilities in southwestern Zambia, as the region is already prone to droughts (as well as floods in some parts). On the other hand, the northern parts of the country are projected to experience a slight increase in rainfall and to be overall relatively positively affected by climate change. The key sectors most likely to be significantly affected by climate change in Zambia include agriculture, road infrastructure, and energy. In agriculture, the key risk stemming from climate change is the projected lower maize yields, as this is the country’s staple crop. Other crops are also expected to be adversely affected by higher temperatures, reduced rainfall, and increased occurrence of extreme events, particularly in southern and western Zambia. That said, changing climate conditions could create new agricultural opportunities in the north. Climate change is projected to negatively affect the livestock subsector, which will increase food security risks, particularly for subsistence farmers. In road infrastructure, the projected higher occurrence of flooding, especially in Lusaka Province, could have a knock-on effect for the rest of the economy, particularly if it damages key international corridors passing through this region and/or affects domestic supply chains. Zambia is significantly reliant on hydropower and is already experiencing severe power cuts due to drought. The risks in the sector are exacerbated by the location of key hydropower plants in the southern parts of the country and the projected drying up of main river basins. The electricity shortages have spillover effects on the rest of the economy, including the copper industry, Zambia’s key export. This has international implications, as Zambia is a top copper producer worldwide, and demand for copper is expected to increase significantly due to its crucial role in various green technologies. Thus, absent adaptation measures, the adverse impact of climate change in Zambia could affect global mitigation efforts and strategies.