Over the last two years the world has been on edge, with serious implications for the most
fragile economies.
Fragility and conflict risks are also on the rise in middle-income countries. Our most recent economic forecast indicates that, by 2023, the output of fragile and conflict-affected countries will be 7.5 percent below pre-pandemic levels. This is well below prospects in emerging and developing countries at large. For the most vulnerable, this means food insecurity, extreme poverty, loss of human capital and fewer economic opportunities in addition to the threat of violence and forced displacement.
of fragility, conflict, and violence (FCV). There are still many things we don’t know, but we have made progress: We can draw lessons from programs financed out of the US$14 billion investment in FCV through IDA18 and a number of new impact evaluations.
world’s richest countries to their core. What happens when it makes its way to low-and middle-income countries, which could face destabilizing and lasting shocks from its health and economic impacts? This is especially true for countries 
exciting positions that the World Bank is looking to fill by June this year.
(FCV).
made in improving living standards and reducing poverty over the past decades. While extreme poverty is going down around the globe, it is increasing in countries impacted by fragility and conflict. The World Bank estimates that by 2030, almost half of the world’s poor will live in countries facing FCV challenges.
Group’s first-ever Strategy for Fragility, Conflict and Violence (FCV). 
Netherlands for the World Bank 
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