OECD-States of Fragility 2025

February 18, 2025-States of Fragility 2025 considers a world of shifting power dynamics, where the most severe impacts of crisis, conflict and instability converge in the 61 contexts identified with high and extreme fragility. Multidimensional fragility lies at the core of the geopolitical shifts that are disrupting decades long global power equilibria, creating challenges and opportunities that require deep reflection and rapid adaptation across humanitarian, development and peace communities.

The report analyses the state of fragility in 2025, how it shapes global structural trends, current responses to it, and how it is perceived and tackled by the people most exposed to its impact: the 2 billion people in contexts with high and extreme fragility that account for 25% of the world’s population but 72% of the world’s extreme poor. Maintaining a focus on the furthest behind is more critical than ever for development partners, as a global good and a geostrategic necessity.

Fragility is the combination of exposure to risk and the insufficient resilience of a state, system and/or community to manage, absorb or mitigate those risks. The OECD multidimensional fragility framework assesses fragility based on 56 indicators of risk and resilience across six dimensions: economic, environmental, political, security, societal and human. This provides the analytical foundation for the States of Fragility report series and online platform.

WTO issues new edition of World Tariff Profiles

July 7, 2025-The WTO published on 7 July the 2025 edition of World Tariff Profiles, which provides comprehensive data on the tariffs and non-tariff measures imposed by over 170 economies. It is a joint publication of the WTO, the International Trade Centre (ITC) and UN Trade and Development (UNCTAD).
The publication provides summary tables listing the average "bound" (maximum) tariffs and applied tariffs for each economy for both agricultural and non-agricultural products as of end-2024.

Flow Traders-Tokenization in Capital Markets: A Market Maker's Perspective

July 3, 2025-Tokenization unlocks efficiencies like instant settlement, 24/7 trading, and fractional ownership-but real-world adoption depends on solving infrastructure and regulatory challenges, not just technology.
Market makers face key friction points in tokenized markets: fragmented liquidity requiring pre-funding across blockchains, lack of product-market fit without real demand, and operational complexity from 24/7 trading.