Resilient Industries : Competitiveness in the Face of Disasters

Industrial activity creates jobs, catalyzes investments and innovation, and raises standards of living in many countries. As climate change, and natural disasters intensify, so too does the risk environment for industry activity. More recently, a v...

Full description

Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/682501604040773738/Resilient-Industries-Competitiveness-in-the-Face-of-Disasters
http://hdl.handle.net/10986/34764
id okr-10986-34764
recordtype oai_dc
spelling okr-10986-347642021-06-14T09:55:50Z Resilient Industries : Competitiveness in the Face of Disasters World Bank RESILIENCE NATURAL DISASTER DISASTER RISK MANAGEMENT COMPETITIVENESS INFRASTRUCTURE PLANNING VALUE CHAIN PUBLIC-PRIVATE PARTNERSHIPS RESILIENT INDUSTY BUSINESS CONTINUITY INDUSTRIAL PARKS RAPID ASSESSMENT DAMAGE AND LOSS ASSESSMENT RECOVERY CRITICAL INFRASTRUCTURE CRITICAL SERVICES FINANCIAL SAFETY NET SMALL AND MEDIUM SIZE ENTERPRISE GENDER FEMALE-OWNED BUSINESS WOMEN ENTREPRENEURS PRIVATE SECTOR DEVELOPMENT TECHNOLOGY INNOVATION HAZARD RISK Industrial activity creates jobs, catalyzes investments and innovation, and raises standards of living in many countries. As climate change, and natural disasters intensify, so too does the risk environment for industry activity. More recently, a viral pandemic has threatened industries and national economies, and the imperative to secure business continuity and competitiveness during growing instability has thrust resilience into the spotlight. The suite of risks posed by climate change and natural disasters threatens industry’s potential to grow, generate jobs, and compete. For many developing countries, disaster-related liabilities may exceed the capacity of governments to respond, and even national economies may be threatened. The emergence of industry resilience as a global discourse is timely; however, industry resilience is a nascent discipline, and frameworks for its application and operation remain limited even as threats intensify. Disasters offer the opportunity, with the right frameworks in place, to strengthen competitiveness through build back, better initiatives, and to adapt to long-term climate change and disaster risks. Despite these insights, and the urgency to act, however, the evidential basis for policy intervention and conceptual frameworks for industry resilience are far from definitive, and gaps in knowledge remain. As a result, industry resilience policy and action remain low in both the public and private sectors, and firms and economies still face significant costs of inaction. 2020-11-10T16:03:03Z 2020-11-10T16:03:03Z 2020-10-29 Report http://documents.worldbank.org/curated/en/682501604040773738/Resilient-Industries-Competitiveness-in-the-Face-of-Disasters http://hdl.handle.net/10986/34764 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Risk and Vulnerability Assessment Latin America & Caribbean Haiti
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic RESILIENCE
NATURAL DISASTER
DISASTER RISK MANAGEMENT
COMPETITIVENESS
INFRASTRUCTURE PLANNING
VALUE CHAIN
PUBLIC-PRIVATE PARTNERSHIPS
RESILIENT INDUSTY
BUSINESS CONTINUITY
INDUSTRIAL PARKS
RAPID ASSESSMENT
DAMAGE AND LOSS ASSESSMENT
RECOVERY
CRITICAL INFRASTRUCTURE
CRITICAL SERVICES
FINANCIAL SAFETY NET
SMALL AND MEDIUM SIZE ENTERPRISE
GENDER
FEMALE-OWNED BUSINESS
WOMEN ENTREPRENEURS
PRIVATE SECTOR DEVELOPMENT
TECHNOLOGY INNOVATION
HAZARD RISK
spellingShingle RESILIENCE
NATURAL DISASTER
DISASTER RISK MANAGEMENT
COMPETITIVENESS
INFRASTRUCTURE PLANNING
VALUE CHAIN
PUBLIC-PRIVATE PARTNERSHIPS
RESILIENT INDUSTY
BUSINESS CONTINUITY
INDUSTRIAL PARKS
RAPID ASSESSMENT
DAMAGE AND LOSS ASSESSMENT
RECOVERY
CRITICAL INFRASTRUCTURE
CRITICAL SERVICES
FINANCIAL SAFETY NET
SMALL AND MEDIUM SIZE ENTERPRISE
GENDER
FEMALE-OWNED BUSINESS
WOMEN ENTREPRENEURS
PRIVATE SECTOR DEVELOPMENT
TECHNOLOGY INNOVATION
HAZARD RISK
World Bank
Resilient Industries : Competitiveness in the Face of Disasters
geographic_facet Latin America & Caribbean
Haiti
description Industrial activity creates jobs, catalyzes investments and innovation, and raises standards of living in many countries. As climate change, and natural disasters intensify, so too does the risk environment for industry activity. More recently, a viral pandemic has threatened industries and national economies, and the imperative to secure business continuity and competitiveness during growing instability has thrust resilience into the spotlight. The suite of risks posed by climate change and natural disasters threatens industry’s potential to grow, generate jobs, and compete. For many developing countries, disaster-related liabilities may exceed the capacity of governments to respond, and even national economies may be threatened. The emergence of industry resilience as a global discourse is timely; however, industry resilience is a nascent discipline, and frameworks for its application and operation remain limited even as threats intensify. Disasters offer the opportunity, with the right frameworks in place, to strengthen competitiveness through build back, better initiatives, and to adapt to long-term climate change and disaster risks. Despite these insights, and the urgency to act, however, the evidential basis for policy intervention and conceptual frameworks for industry resilience are far from definitive, and gaps in knowledge remain. As a result, industry resilience policy and action remain low in both the public and private sectors, and firms and economies still face significant costs of inaction.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Resilient Industries : Competitiveness in the Face of Disasters
title_short Resilient Industries : Competitiveness in the Face of Disasters
title_full Resilient Industries : Competitiveness in the Face of Disasters
title_fullStr Resilient Industries : Competitiveness in the Face of Disasters
title_full_unstemmed Resilient Industries : Competitiveness in the Face of Disasters
title_sort resilient industries : competitiveness in the face of disasters
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/682501604040773738/Resilient-Industries-Competitiveness-in-the-Face-of-Disasters
http://hdl.handle.net/10986/34764
_version_ 1764481605807636480