Sometimes, these disastrous outcomes have been caused by adverse events. Often, they have been home-grown. The experience of countries in transition from socialism has shown how even the most idealistic reformers can fail. The report's discussion of opportunity puts useful flesh on the bones of pre-existing knowledge. Equally valuable is its analysis of risk.
Poor people are vulnerable to natural and man-made risks.
Ways of managing and mitigating these can and must be found. Yet the most significant part of this report is its discussion of empowerment significant because it is a new departure. The bank is apparently calling for the restructuring of the political and social order of its developing country members. If one accepts this broad notion of poverty, then the bank is duty-bound to address it. However, the definition is unnecessary, foolish and na ve, in equal measure.