Friday, 28 February 2020

Report: Fragility and Conflict: On The Front Lines Of The Fight against Poverty

Photo Credit: World Bank

Globally, the prevalence of fragile and conflict-affected situations (FCS) continues to rise. The number of forcibly displaced people worldwide has more than doubled since 2012, exceeding 74 million in 2018. A new report estimates that by 2030 up to two-thirds of the global extreme poor may be living in FCS, making it evident that without intensified action, the global poverty goals will not be met. 
The new report, “Fragility and Conflict: On the Front Lines of the Fight against Poverty,” notes that the 43 countries in the world with the highest poverty rates are in FCS and/or Sub-Saharan Africa.  Economies facing chronic fragility and conflict have had poverty rates stuck at over 40 percent in the past decade, while countries that have escaped FCS have cut their poverty rates by more than half. Today, a person living in an economy facing chronic fragility and conflict is 10 times more likely to be poor than a person living in a country that hasn’t been in conflict or fragility in the past 20 years. 

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