Macroeconomic and Operational Challenges in Countries in Fragile Situations

Released on by International Monetary Fund. Strategy, Policy, & Review Department
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  • Macroeconomic and Operational Challenges in Countries in Fragile Situations Book Detail

  • Author : International Monetary Fund. Strategy, Policy, & Review Department
  • Release Date : 2011-06-15
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 76
  • ISBN 13 : 1498338771
  • File Size : 83,83 MB
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Macroeconomic and Operational Challenges in Countries in Fragile Situations by International Monetary Fund. Strategy, Policy, & Review Department PDF Summary

Book Description: There is broad recognition that countries in fragile situations face unique challenges. While fragility may afflict countries at different levels of income and capacity, common features of fragile states are institutions that are seen to be weak and lack legitimacy, as well as a fractious political setting, which in turn elevates the risk of violence. Fragilities impose large costs and hardships on local populations that can spill over to neighboring countries—directly through conflict, crime, and disease, but also through economic linkages. Considering these unique challenges, the international community is developing forms of engagement that stress peacebuilding, social cohesion, and statebuilding. They incorporate recognition of the need for sustained engagement, a willingness to take calculated risks in uncertain environments, fuller attention to the political economy of reforms and capacity constraints, and coordination of donor efforts.

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