Over 20 percent of people in Pacific Island Countries live in hardship, meaning they are unable to meet their basic needs. For those not living in hardship, many remain vulnerable, with the region’s highest inequality found in Fiji, Solomon Islands and Papua New Guinea. Increasing risks from natural and economic shocks may also mean traditional safety nets are now less effective than in the past.
This discussion brings together a group of leading economists to launch the World Bank's flagship publication, the global World Development Report for 2014, "Risk and Opportunity: Managing Risk for Development" and its companion piece "Hardship and Vulnerability in the Pacific."
The first regional study of its kind in a decade, the Hardship and Vulnerability report provides a comprehensive analysis of how hardship and vulnerability are manifested in the Pacific, and, drawing on solid empirical evidence, discusses the types of risk households are facing. Together, these reports set out global trends and comparisons, and put the most pressing risks for Pacific Islanders in context.
The presenters will explore a number of critical questions including: the nature of risks faced by Pacific Islanders, ranging from natural disasters to climate change and economic shocks; the changing dynamics of hardship and inequality in the region; the impacts of education, work status, gender, age and other factors on household vulnerability; and the role of governments, as well as traditional safety nets, in reducing hardship and managing risk.
Refreshments will be provided. The discussion will consist of 15-20 minutes for each presenter with the remaining time set aside for questions from the audience and further panel discussion.
RSVP: We need to confirm numbers by 5pm Friday, 7 March. Please email us at email@example.com, to register your attendance. As this is a catered event, please only RSVP if your attendance is assured.