TY - JOUR
T1 - Somalia after state collapse
T2 - Chaos or improvement?
AU - Powell, Benjamin
AU - Ford, Ryan
AU - Nowrasteh, Alex
PY - 2008/9
Y1 - 2008/9
N2 - Many people believe that Somalia's economy has been in chaos since the collapse of its national government in 1991. We take a comparative institutional approach to examine Somalia's performance relative to other African countries both when Somalia had a government and during its extended period of anarchy. We find that although Somalia is poor, its relative economic performance has improved during its period of statelessness. We describe how Somalia has provided basic law and order and a currency, enabling the country to achieve the coordination that has led to improvements in its standard of living.
AB - Many people believe that Somalia's economy has been in chaos since the collapse of its national government in 1991. We take a comparative institutional approach to examine Somalia's performance relative to other African countries both when Somalia had a government and during its extended period of anarchy. We find that although Somalia is poor, its relative economic performance has improved during its period of statelessness. We describe how Somalia has provided basic law and order and a currency, enabling the country to achieve the coordination that has led to improvements in its standard of living.
KW - Africa
KW - Anarchy
KW - Economic development
KW - Somalia
UR - http://www.scopus.com/inward/record.url?scp=49049111557&partnerID=8YFLogxK
U2 - 10.1016/j.jebo.2008.04.008
DO - 10.1016/j.jebo.2008.04.008
M3 - Article
AN - SCOPUS:49049111557
SN - 0167-2681
VL - 67
SP - 657
EP - 670
JO - Journal of Economic Behavior and Organization
JF - Journal of Economic Behavior and Organization
IS - 3-4
ER -