From Crisis to Resilience: The Role of Inclusive Finance in Fragile Countries

Reducing poverty and improving equity
Aug 15, 2024 | Consultative Group to Assist the Poor

According to the OECD, fragile countriesare falling further behind their ‘nonfragile’ peers in measures of poverty andfinancial inclusion. By 2030, 26 percent of the world’s population and 86percent of the world’s lowest income people are likely to be living in fragilecountries. Women are more likely to lose their livelihoods, experiencedisplacement, and have education interrupted during times of crisis. Thisworking paper by WilliamCook, DylanLennox et al for the Consultative Group toAssist the Poor aims to help development andhumanitarian funders to understand how financial services can be used toimprove development outcomes in fragile countries. While learnings are drawnfrom highly fragile countries, they often apply to other fragile and nonfragilecontexts facing acute capacity or governance challenges.

https://www.cgap.org

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