From bad policy to chaos in Somalia : how an economy fell apart
著者
書誌事項
From bad policy to chaos in Somalia : how an economy fell apart
Praeger, 1996
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注記
Includes bibliographical references (p. [169]-175) and index
内容説明・目次
内容説明
This examination of the economic policies of Somalia since 1970 is empirical in nature, employing political and economic analysis, economic theory, and econometric techniques, and argues that the governmental economic policy, policy responses to crises, and exogenous shocks have been bad for the long-term economic growth of the country. Despite significant foreign financed public investment, economic growth has been weak and real per capita income has declined. The intensifying economic crises contributed to the rapid deterioration of the political situation that led to the collapse of the Somali state in 1991. Since 1991, chaos and more destruction has followed as warlords scrambled for power, resulting in the resource base of the economy being eroded further and the country being reduced to warring clans.
目次
Tables and Figures
Preface
Abbreviations
Introduction
Economics and Politics in Somalia: A Background
Improper Policy Responses to Exogenous Shocks
The Socialist Development Strategy to the 1970s: The Principal Origin of the Crises
Macroeconomic Consequences of Unsustainable Public Sector Deficits
Ambitious Public Investment and Illusive Economic Growth Objective
Private Savings and Investment in an Inhospitable Environment
The Depressing Effects of Economic Policies on Trade
Resilience Amid Chaos: The Somali Economy After the State Collapsed
How the Economy Fell Apart and What We Have Learned
Selected Bibliography
Index
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