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Souq-al Arabi in Khartoum

Strengthening development finance in fragile contexts

Policy paper 22 Mar 2021 State and State Fragility initiative

Authors

Paul Collier

Director, IGC and Professor of Economics and Public Policy, University of Oxford

Sebastian Kriticos

Researcher
DSC_0484.jpg

Camilla Sacchetto

Fragilities Economist, International Growth Centre

Sarah Logan

Head of State Fragility initiative, International Growth Centre
  • Strengthening-development-finance-in-fragile-contexts_Final.pdf Download

    PDF document • 8.71 MB

Pioneering firms have the potential to achieve significant social and economic benefits in fragile and conflict‑affected settings. However, these contexts involve higher risks and costs, which dissuades pioneers and investors. In this policy paper, we argue that the public good these firms provide warrants the use of public funds to offset the costs of pioneering in these settings.

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