Macroeconomic and Operational Challenges in Countries in Fragile Situations

Publication Date:

June 15, 2011

Electronic Access:

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Summary:

There is broad recognition that countries in fragile situations face unique challenges. While fragility may afflict countries at different levels of income and capacity, common features of fragile states are institutions that are seen to be weak and lack legitimacy, as well as a fractious political setting, which in turn elevates the risk of violence.

Fragilities impose large costs and hardships on local populations that can spill over to neighboring countries—directly through conflict, crime, and disease, but also through economic linkages. Considering these unique challenges, the international community is developing forms of engagement that stress peacebuilding, social cohesion, and statebuilding. They incorporate recognition of the need for sustained engagement, a willingness to take calculated risks in uncertain environments, fuller attention to the political economy of reforms and capacity constraints, and coordination of donor efforts.

Series:

Policy Papers

Subject:

Notes:

Also available in French

English

Publication Date:

June 15, 2011

Price:

Free

Format:

Paper

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