Following some strengthening of growth in Europe and Central Asia, Tajikistan has benefitted from it and demonstrated good economic performance last year and in early 2024. As external demand has improved...
Financial sector reforms are part of the strategies that countries follow to exit from fragility, but the content and focus of these reforms and the priority they are given relative to other policies vary...
This paper explores the potential correlations between financial development and state fragility, using a sample of 137 countries observed over the period from 1998–2019. The countries are grouped into...
Financial development can enhance economic well-being and foster resilience in fragile settings, potentially contributing to escaping from fragility once “pivotal conditions” are in place. However, fragile...