Risk Assessment and the WTO
Edited by David Robertson and Aynsley Kellow
Chapter 7: Allowing for risk in setting standards
Robertson 02 chap 6 2/1/01 12:28 pm Page 95 7. Allowing for risk in setting standards Michael J. Nunn Risk analysis has been recognized only recently as a formal study in its own right. Several attempts have been made to develop a standardized nomenclature in, for example, disciplines such as animal health (Hathaway, 1991; Ahl et al., 1993; Kellar, 1993; MacDiarmid, 1993; OIE, 1994; North, 1995) and food safety (Codex, 1993; ANZFA, 1996; Notermans and Mead, 1996). However, there is still some confusion about the precise definition of the elements in risk analysis (Krewski and Birkwood, 1987; Covello and Merkhofer, 1993). For example, some authorities use ‘risk management’ instead of ‘risk analysis’ for the overall term (for example SA/SNZ, 1995) while others use ‘risk analysis’ more narrowly as including elements such as risk identification, assessment and evaluation but excluding risk management and communication. Despite such variations in terminology, the basic principles are the same across all disciplines (Nunn, 1997). Risk analysis is used here as the overall term to encompass elements of risk assessment, risk management and risk communication. Risk assessment is the process of identifying and estimating the risk associated with an option, including evaluation of the likelihood of an event and of the consequences if that event were to occur. Risk management is the process of identifying, documenting and implementing measures to reduce risk (either the likelihood of occurrence or the consequences). Risk communication is the process of interactive exchange of information and opinions concerning risk between...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.