Fragility, conflict and violence (FCV) threaten to derail significant progress that has been
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.
Inclusive and sustainable economic growth can also help heal grievances stemming from economic exclusion. These countries likely already face high levels of public sector debt, so private sector investment can bring an infusion of capital without increasing the debt burden. But these volatile environments struggle greatly to attract and sustain the long-term private sector investment that is needed to help them break the “fragility trap.”
Imagine that you must flee home at once. You may be fleeing violence, social tensions, poor environmental conditions, or even persecution. You and your loved ones may walk for several days to find safety, and may even go for periods without food.
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