WASHINGTON: Conflicts and related fatalities have more than tripled since the early 2000s, fueling extreme poverty, the World Bank said Friday.
Economies in fragile and conflict-affected regions have become “the epicenter of global poverty and food insecurity, a situation increasingly shaped by the frequency and intensity of conflict,” the bank added in a new study.
This year, 421 million people get by on less than $3 a day in places hit by conflict or instability — a situation of extreme poverty — and the number is poised to hit 435 million by 2030.
Global attention has been focused on conflicts in Ukraine and the Middle East for the past three years, said World Bank Group chief economist Indermit Gill.
But “half of the countries facing conflict or instability today have been in such conditions for 15 years or more,” he added.
Currently, 39 economies are classified as facing such conditions, and 21 of them are in active conflict, the Washington-based development lender said.
The list includes Ukraine, Somalia, South Sudan and the West Bank and Gaza.
It also includes Iraq although not Iran.
The report flagged that moves to prevent conflict can bring high returns, with timely interventions being “far more cost-effective than responding after violence erupts.”
It also said that some of these economies have advantages that could be used to reignite growth, noting that places like Zimbabwe, Mozambique and the Democratic Republic of Congo are rich in minerals key to clean tech like electric vehicles and solar panels.
“Economic stagnation — rather than growth — has been the norm in economies hit by conflict and instability over the past decade and a half,” said Ayhan Kose, World Bank Group deputy chief economist.
The bank’s report noted that high-intensity conflicts, which kill more than 150 per million people, are typically followed by a cumulative fall of around 20 percent in GDP per capita after five years.
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Surge in conflicts fuels extreme poverty: World Bank
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Surge in conflicts fuels extreme poverty: World Bank
- Development lender says 39 economies are classified as facing conflict or instability, including Gaza, West Bank and Iraq
- Report concludes moves to prevent conflict are far more cost-effective than responding after violence erupts
Myanmar junta says raided online scam center, arrested over 300
YANGON: Myanmar’s military said Wednesday it raided an Internet scam hub on the Thai border, arresting nearly 350 people, part of a highly publicized crackdown against the booming black market compounds.
Sprawling fraud factories have ballooned in war-torn Myanmar’s border regions, housing scammers targeting Internet users with romance and business cons worth tens of billions of dollars annually.
Myanmar’s junta has long been accused of turning a blind eye but has trumpeted a crackdown since February after being lobbied by key military backer China, experts say.
Additional raids beginning last month were part of a propaganda effort, according to some monitors, choreographed to vent pressure from Beijing without too badly denting profits that enrich the junta’s militia allies.
Myanmar’s military descended on gambling and fraud hub Shwe Kokko on Tuesday morning, according to state media The Global New Light of Myanmar.
“During the operation, 346 foreign nationals currently under scrutiny were arrested,” it said.
“Nearly ten thousand mobile phones used in online gambling operations were also seized.”
Since a 2021 coup sparked a civil war, Myanmar’s loosely governed borderlands have proven fertile ground for scam hubs which analysts say are staffed by thousands of willing workers as well as people trafficked from abroad.
But the junta’s military backer China has been increasingly irked at the number of its citizens who are both perpetrators and victims of the scams, experts say.
The junta on Wednesday blamed armed opposition groups for allowing scam centers to operate under their protection, but said it had taken action after wrestling back territorial control.
The Global New Light of Myanmar said the Yatai firm of Chinese-Cambodian alleged racketeer She Zhijiang was “the entity involved” in running the Shwe Kokko area.
She was arrested in Thailand in 2022 and extradited last week to China where he faces allegations of involvement in online gambling and fraud operations.
She and his company Yatai were previously under British and US sanctions.
Washington says he transformed a village on the Myanmar-Thai border into Shwe Kokko — “a resort city custom built for gambling, drug trafficking, prostitution, and scams targeting people around the world.”
In October, Myanmar’s junta announced raids on nearby scam center KK Park, where it says it is currently demolishing more than 600 buildings.
A highly publicized sweep starting in February saw around 7,000 alleged scammers repatriated and Thailand enact a cross-border Internet blockade.
Scam victims in Southeast and East Asia alone were conned out of up to $37 billion in 2023, according to a UN report, which said global losses were likely “much larger.”
Sprawling fraud factories have ballooned in war-torn Myanmar’s border regions, housing scammers targeting Internet users with romance and business cons worth tens of billions of dollars annually.
Myanmar’s junta has long been accused of turning a blind eye but has trumpeted a crackdown since February after being lobbied by key military backer China, experts say.
Additional raids beginning last month were part of a propaganda effort, according to some monitors, choreographed to vent pressure from Beijing without too badly denting profits that enrich the junta’s militia allies.
Myanmar’s military descended on gambling and fraud hub Shwe Kokko on Tuesday morning, according to state media The Global New Light of Myanmar.
“During the operation, 346 foreign nationals currently under scrutiny were arrested,” it said.
“Nearly ten thousand mobile phones used in online gambling operations were also seized.”
Since a 2021 coup sparked a civil war, Myanmar’s loosely governed borderlands have proven fertile ground for scam hubs which analysts say are staffed by thousands of willing workers as well as people trafficked from abroad.
But the junta’s military backer China has been increasingly irked at the number of its citizens who are both perpetrators and victims of the scams, experts say.
The junta on Wednesday blamed armed opposition groups for allowing scam centers to operate under their protection, but said it had taken action after wrestling back territorial control.
The Global New Light of Myanmar said the Yatai firm of Chinese-Cambodian alleged racketeer She Zhijiang was “the entity involved” in running the Shwe Kokko area.
She was arrested in Thailand in 2022 and extradited last week to China where he faces allegations of involvement in online gambling and fraud operations.
She and his company Yatai were previously under British and US sanctions.
Washington says he transformed a village on the Myanmar-Thai border into Shwe Kokko — “a resort city custom built for gambling, drug trafficking, prostitution, and scams targeting people around the world.”
In October, Myanmar’s junta announced raids on nearby scam center KK Park, where it says it is currently demolishing more than 600 buildings.
A highly publicized sweep starting in February saw around 7,000 alleged scammers repatriated and Thailand enact a cross-border Internet blockade.
Scam victims in Southeast and East Asia alone were conned out of up to $37 billion in 2023, according to a UN report, which said global losses were likely “much larger.”
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