The main background and rationale of this research paper is that while donors' scaled-up engagements in Fragility and … Conflict-affected States (FCS) during the last decades were a resounding success in terms of official development resources … devoted to FCS, the value for money compared to the ultimate goal of helping these countries move out of fragility was well …

This paper proposes Spillover Persistence as a measure for financial fragility. The volatility paradox predicts that … fragility builds up when volatility is low, which challenges existing measures. Spillover Persistence tackles this challenge by … exploring a novel dimension of systemic risk: loss dynamics. I document that Spillover Persistence declines when fragility …

The authors assess the role of the multilateral development system and the reforms needed to support the new global … development banks (MDBs) are uniquely placed to support policy and institutional reforms and build institutional capacity, enhance …

challenges that remain in the fragility, resilience and stability space. It is not intended as holistic policy guidance on “how … which have yet to be resolved, which concern the comparative advantage and future role of Official Development Assistance …

analysis of large-scale violent conflict with other forms of violence, instability, fragility, and humanitarian crises. …