The Social Impact of Financial Crises (Record no. 26041)
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fixed length control field | 03389cam a22004694a 4500 |
001 - CONTROL NUMBER | |
control field | 6703 |
003 - CONTROL NUMBER IDENTIFIER | |
control field | The World Bank |
006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS--GENERAL INFORMATION | |
fixed length control field | m d |
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION | |
fixed length control field | cr cn||||||||| |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 020129s2013 dcu i001 0 eng |
024 8# - OTHER STANDARD IDENTIFIER | |
Standard number or code | 10.1596/1813-9450-6703 |
035 ## - SYSTEM CONTROL NUMBER | |
System control number | (The World Bank)6703 |
100 1# - MAIN ENTRY--PERSONAL NAME | |
Personal name | Otker-Robe, Inci |
245 14 - TITLE STATEMENT | |
Title | The Social Impact of Financial Crises |
Medium | [electronic resource] : |
Remainder of title | Evidence from the Global Financial Crisis / |
Statement of responsibility, etc | Otker-Robe, Inci |
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
Place of publication, distribution, etc | Washington, D.C., |
Name of publisher, distributor, etc | The World Bank, |
Date of publication, distribution, etc | 2013 |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 1 online resource (36 p.) |
520 3# - SUMMARY, ETC. | |
Summary, etc | Financial systems can contribute to economic development by providing people with useful tools for risk management, but when they fail to manage the risks they retain, they can create severe financial crises with devastating social and economic effects. The financial crisis that hit the world economy in 2008-2009 has transformed the lives of many individuals and families, even in advanced countries, where millions of people fell, or are at risk of falling, into poverty and exclusion. For most regions and income groups in developing countries, progress to meet the Millennium Development Goals by 2015 has slowed and income distribution has worsened for a number of countries. Countries hardest hit by the crisis lost more than a decade of economic time. As the efforts to strengthen the financial systems and improve the resilience of the global financial system continue around the world, the challenge for policy makers is to incorporate the lessons from the failures to take into consideration the complex linkages between financial, fiscal, real, and social risks and ensure effective risk management at all levels of society. The recent experience underscores the importance of: systematic, proactive, and integrated risk management by individuals, societies, and governments to prepare for adverse consequences of financial shocks; mainstreaming proactive risk management into development agendas; establishing contingency planning mechanisms to avoid unintended economic and social consequences of crisis management policies and building a better capacity to analyze complex linkages and feedback loops between financial, sovereign, real and social risks; maintaining fiscal room; and creating well-designed social protection policies that target the vulnerable, while ensuring fiscal sustainability. |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Coping Strategies |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Debt Markets |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Development |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Economic Theory & Research |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Emerging Markets |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Finance and Financial Sector Development |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Financial Crises |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Financial Markets |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Global Financial Crisis |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Income Inequality |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Labor Markets |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Labor Policies |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Millennium Development Goals |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Population Policies |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Poverty |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Social Development |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Social Impact |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Transmission Channels |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Unemployment |
700 1# - ADDED ENTRY--PERSONAL NAME | |
Personal name | Otker-Robe, Inci |
700 1# - ADDED ENTRY--PERSONAL NAME | |
Personal name | Podpiera, Anca Maria |
776 18 - ADDITIONAL PHYSICAL FORM ENTRY | |
Main entry heading | Print version: |
Display text | Otker-Robe, Inci |
Title | The Social Impact of Financial Crises. |
Place, publisher, and date of publication | Washington, D.C. : The World Bank, 2013 |
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE | |
Uniform title | Policy research working papers. |
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE | |
Uniform title | World Bank e-Library. |
856 40 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-6703">http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-6703</a> |
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