Closing the development finance gap in post-conflict and fragile situations: What role for development finance institutions?

Abstract

For many years, the main focus of international institutions and bilateral aid agencies has been on state building as the main action to support countries' recovery from conflicts or other fragile situations. The role of the private sector has been widely overlooked, despite being crucial in supporting economic growth and job creation. We argue that development finance institutions have a dedicated role to play in closing financial gaps, which are widening as fragility increases. They have the comparative advantages needed to make projects happen by supporting the private sector, hence significantly contributing to the recovery process. (Résumé d'auteur

Financial inclusion, vulnerability coping strategies and multidimensional poverty: Does conceptualisation of financial inclusion matter?

“…Financial inclusion is recognised among the key poverty reduction tools because of its ability to improve living standards (Abor et al, 2018; Bukari et al, 2020; Koomson et al, 2020; Munyegera & Matsumoto, 2016) and how it facilitates the provision of financial resources needed by households to invest in education (Arora, 2012; Chiapa et al, 2016); health (Akotey & Adjasi, 2016; Jalilian & Kirkpatrick, 2002), protection against idiosyncratic risk and sudden shocks (Duflo et al, 2013; Giordano & Ruiters, 2016; Koomson et al, 2021). Other studies have shown that financial inclusion can aid in the achievement of Sustainable Development Goals, especially Goal 1‐Zero poverty (Ahmed et al, 2015).…”