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Blog
The tragedy for the Afghan people of the Taliban re-taking control of the country in August 2021 is the denouement of a process 20 years in the making. The sudden collapse of the Afghan government and the national security forces over the course of a few days is not a “surprise” to anyone, but was a...
– Evidence, Analysis, Action
This is an open access title available under the terms of a CC BY-NC-ND 4.0 licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Governments play a major role in the development process, and constantly introduce...
– Fragility and External Shocks
Small island developing states (SIDS) are characterised by high economic, geographical and social vulnerability. These states are perceived as economically vulnerable, exhibiting poor economic performance, and embedding low levels of achieved well-being on most criteria. SIDS, which occupy very...
– Causes, Costs, and Responses
Overcoming state fragility is one of the most important international development objectives of the 21st century. Many fragile states have turned into failed states, where millions of people are caught in deprivation and seemingly hopeless conditions. Fragile states lack the authority, legitimacy...
Blog
Wim Naudé, Amelia U. Santos-Paulino and Mark McGillivray The global economic crisis, which erupted about one year ago with the US sub-prime mortgage crisis and the collapse of the investment bank Lehman Brothers, painfully reminds us on how vulnerable developing countries can be to external shocks...
More than a billion people live in extreme poverty. Many face the risk of never escaping from poverty. These risks are exacerbated by natural hazards, ill-health, and macroeconomic volatility. Consequently, vulnerability has become the defining challenge of our times. Despite this there is a need to...
– Seeking Stability for Emerging Economies
This collection analyses the new trends in capital flows to emerging markets since the Asian crisis, their determinants and policy implications. It explains why such flows have declined so dramatically in recent years, emphasising both structural and cyclical factors. Senior bankers, regulators and...
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