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Analyze how the four fragility cycles threaten development programs and compare protection levels across different capital structures.
High risk of program disruption
Elections and policy shifts can redirect or eliminate development programs based on ideology rather than effectiveness.
Expected number of cycle disruptions and probability of at least one major disruption
Compare how different capital structures protect against each fragility cycle (higher = better protected)
Traditional development finance is vulnerable to all four fragility cycles simultaneously. A program might survive political change only to be cut during a recession, then survive that only to lose key staff. RDF addresses all four through structural decoupling (δK/δF = 0) and mission alignment (K(t) = M(t)).