Financing for peace in countries with special needs

Andrzej Bolesta, Nyingtob Norbu and Yusuke Tateno ()
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Andrzej Bolesta: Macroeconomic Policy and Financing for Development Division, United Nations Economic and Social Commission for Asia and the Pacific

No PB80, MPDD Policy Briefs from United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)

Abstract: The Index for Risk Management1 (INFORM) reveals that countries with special needs - least developed countries in particular - are susceptible to conflict due to: a. High levels of socio-economic vulnerabilities such as multidimensional poverty, inequality, vulnerable people and aid dependence; and b. Weak coping capacities as captured through their institutional and infrastructure deficits. The multidimensionality of conflict and its interdependence with sustainable development suggest that sustaining peace essentially requires the pursuit of mutually reinforcing holistic development and peaceful outcomes. Creating and sustaining a peaceful environment that addresses these structural ‘risk factors’ of conflict is thus a long-term pursuit that can only be sustained by ensuring a stable source of financing.

Date: 2018
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