World Bank trade economist Massimiliano Calì recently broke down how conflict, the destruction of capital, and restrictions can lead fragile states into large trade deficits and aid dependence. He…

Miles McKenna |

Part of the World Bank’s new vision is to step up its efforts to help fragile and conflict-afflicted states break the vicious cycle of poverty. But this is no easy task.   The destruction of…

Massimiliano Calì |

Conflict is a major cause of poverty in the developing world today. In addition to endangering lives, conflict disrupts the functioning of an economy in many ways. It destroys infrastructure,…

Massimiliano Calì, Julia Oliver |