Repeated political crises have destabilized Madagascar and reversed economic growth. The country has experienced three major political crises in the last three decades (figure 1). This instability has undermined investor confidence, limited access to finance, and curtailed tourism, one of the country’s main industries. The latest political crisis caused a 4 % drop in GDP and the temporary suspension of most donor assistance. Income per capita fell, the poverty rate increased by 10 points, and public finances deteriorated.

Le Financement à l’appui des politiques de développement (DPF) de la Banque mondiale consiste à apporter une aide budgétaire à des États qui s’engagent en contrepartie à adopter des réformes spécifiques (appelées « mesures préalables »). La Banque mondiale privilégie de plus en plus le DPF comme instrument de soutien aux pays confrontés à des situations de fragilité, de conflit et de violence (FCV).

This blog is part of the series Learning from Fragility that aims to inform discussions at the Fragility Forum by exploring lessons from past support for development in fragile and conflict settings.

This blog is part of the series Learning from Fragility that aims to inform discussions at the upcoming Fragility Forum by exploring lessons from past support for development in fragile and conflict settings.

This blog is part of the series Learning from Fragility that aims to inform discussions at the upcoming Fragility Forum by exploring lessons from past support for development in fragile and conflict settings.

The World Bank Group launched its first strategy specifically focused on fragility, conflict and violence (FCV) situations last week.