resilience reporter

resilience starts with information

GST boosts economic resilience. And more…

GST boosts economic resilience

IT has been a year since the Goods and Services Tax was introduced on April 1. One criticism is that GST is the main reason for the increase in the cost of living. Is this true? An important lesson I learnt in Statistics class is that correlation does not mean causation. If you are washing your car and it rains, would you conclude it rained because you washed your car? One variable does not cause the other. First of all, it is important to highlight that the issue of high cost of living predates GST. In the context of Malaysia, one structural way to solve the spike in the cost of living is by reforming the labour market or specifically, to address the rise in wages…

 

From Urban Risk to Resilience – Building Safer Cities

The good news is that we have a unique opportunity to create safer, more resilient cities through effective building regulation

The good news is that we have a unique opportunity to create safer, more resilient cities through effective building regulation

A year ago in April 2015, a 7.8 magnitude earthquake in Nepal killed nearly 9,000 people and demolished thousands of schools, homes, hospitals, and historical landmarks. Countless other seismic and climate-related catastrophes have brought $4.2 trillion in losses over the last few decades. To help curb losses like these, the World Bank Group and the Global Facility for Disaster Risk Reduction (GFDRR) are unveiling an unprecedented global partnership aimed at strengthening building regulation for disaster resilience in vulnerable countries…

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This entry was posted on 09/04/2016 by in Uncategorized and tagged , , .

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