Why Have Smaller States Been Hit So Hard by Economic Shocks?
The January 2023 Global Economic Prospects (GEP) report warns that the global economy is dangerously close to a recession, with small states particularly the most vulnerable to shocks and economic recovery. In our brand new episode of The Development Podcast, hear from one of the GEP’s lead report authors, Dana Vorisek, the Hon. Tiofilusi Tiueti, Minister for Finance and Tonga World Bank Governor, and Anna Kay, a female-owned restauranteur in Jamaica, as they speak to the impacts of a worsening global economy on already vulnerable states.
Watch Replay: What the Future Has in Store: A New Paradigm for Water Storage
Tune in for a replay of this event, which serves as an urgent appeal to practitioners across sectors to champion integrated water storage solutions—natural, built, and hybrid—to meet a range of human, economic, and environmental needs for the 21st century.
Disaster Risk Management
Disasters hurt the poor and vulnerable the most. Over the past decade, the World Bank has emerged as the global leader in disaster risk management, supporting client countries to assess exposure to hazards and address disaster risks.
- Project: Türkiye Earthquake, Floods and Wildfires Emergency Reconstruction Project
- Feature: Lessons in Earthquake Reconstruction: Five Proven Approaches from Nepal
- Feature: Strengthening Disaster Risk Management and Transport Infrastructure after a Disaster: The 2010 Haiti Post-Earthquake Experience
- Report: Seismic Risk
- Project: Philippines Seismic Risk Reduction and Resilience Project
- Global Facility for Disaster Reduction and Recovery (GFDRR)
Our Mission
The World Bank has two goals: end extreme poverty and promote shared prosperity in a sustainable way.
Learn About Our Priorities
Access the World Bank's portfolio of more than 12,000 development projects, including current and historical data since 1947.