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The Second Burma Black Swan -- Nargis -- A Wake up Call for The World? Global Risk Management

ATCA - May 10, 2008

BurmaCyclone.jpg
Cyclone Nargis, Burma

Dear Friends, the second grotesque tragedy unfolding in Burma in less than a year post the political turmoil -- with 60,000+ dead and millions left homeless post cyclone Nargis -- is just one of the many examples...

...of what we are witnessing in the fast changing global landscape.

It is this changing landscape that has brought humankind face to face with a gruelling set of fast moving survival challenges. Natural catastrophes amplify food crises as witnessed by the rising price of rice in the aftermath of Nargis. Over the past several years, the global community has witnessed a significant increase in the severity and propensity of large scale natural disasters. This has resulted in a phenomenal change in perceptions about global risk management when undertaking horizon scanning over the coming decades.

It is not simply about poor or rich nations any more. It is all about prepared and un-prepared nations! Opportunity and risks go hand in hand for everyone and every nation. The world has reached a point, where every nation, region and government needs to address the emergence of complex global challenges to their benefit. What we are witnessing right now is "Failure in Planning and Failure in Risk Management!" Nations and their existing and emerging industries amidst globalising economies necessitate new yardsticks for identifying, measuring, managing, and monitoring industry and national risks. The Burma crisis necessitates planning and risk management for a variety of reasons, one being that without a persuasive plan, we will not succeed in managing critical global risks. Further, without a structured risk management effort, no plan will ever succeed!

Read the article at mi2g.net.

[ENDS]

To reflect further on this, please click here and read views as well as respond directly within the online forum.

We welcome your thoughts, observations and views. Thank you.

Best wishes


DK Matai

Chairman
Asymmetric Threats Contingency Alliance (ATCA) & The Philanthropia
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ATCA: The Asymmetric Threats Contingency Alliance is a philanthropic expert initiative founded in 2001 to resolve complex global challenges through collective Socratic dialogue and joint executive action to build a wisdom based global economy. Adhering to the doctrine of non-violence, ATCA addresses asymmetric threats and social opportunities arising from climate chaos and the environment; radical poverty and microfinance; geo-politics and energy; organised crime & extremism; advanced technologies -- bio, info, nano, robo & AI; demographic skews and resource shortages; pandemics; financial systems and systemic risk; as well as transhumanism and ethics. Present membership of ATCA is by invitation only and has over 5,000 distinguished members from over 120 countries: including 1,000 Parliamentarians; 1,500 Chairmen and CEOs of corporations; 1,000 Heads of NGOs; 750 Directors at Academic Centres of Excellence; 500 Inventors and Original thinkers; as well as 250 Editors-in-Chief of major media.

The Philanthropia, founded in 2005, brings together over 1,000 leading individual and private philanthropists, family offices, foundations, private banks, non-governmental organisations and specialist advisors to address complex global challenges such as countering climate chaos, reducing radical poverty and developing global leadership for the younger generation through the appliance of science and technology, leveraging acumen and finance, as well as encouraging collaboration with a strong commitment to ethics. Philanthropia emphasises multi-faith spiritual values: introspection, healthy living and ecology. Philanthropia Targets: Countering climate chaos and carbon neutrality; Eliminating radical poverty -- through micro-credit schemes, empowerment of women and more responsible capitalism; Leadership for the Younger Generation; and Corporate and social responsibility.
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Posted by ATCA at May 10, 2008 09:00 PM

  
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Comments


Times Online
May 11, 2008

Aid trickles into Burma, but toll 'could reach 1 million if disease set in'

http://www.timesonline.co.uk/tol/news/world/asia/article3911696.ece

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