Over the last two years the world has been on edge, with serious implications for the most fragile economies.

Since the last Fragility Forum in 2020 and in a year dominated by the COVID-19 pandemic, peace and development around the world have faced massive setbacks from Asia to Africa to Latin America.  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.

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