From Bad Policy to Chaos in Somalia: How an Economy Fell Apart

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9780275954864: From Bad Policy to Chaos in Somalia: How an Economy Fell Apart

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.

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Book Description:

The developmental strategies, economic policies, and policy responses to exogenous shocks in Somalia since 1970 has led to crises undermining growth and stability.

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Few books are in print (in the US) about the Somalia economy. Thus, Mubarak's work will help fill the void.... The author uses both political economy and economic analysis to explain the Somalian experience, placing the blame for the poor performance of the Somalian economy on the policies followed by the government.

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Jamil Abdalla Mubarak
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Book Description ABC-CLIO, United States, 1996. Hardback. Book Condition: New. New. Language: English . Brand New Book ***** Print on Demand *****.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. Bookseller Inventory # APC9780275954864

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Jamil Abdalla Mubarak
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Book Description Praeger. Hardcover. Book Condition: New. Hardcover. 200 pages. Dimensions: 9.6in. x 6.4in. x 0.8in.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. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Hardcover. Bookseller Inventory # 9780275954864

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Book Description Praeger. Hardcover. Book Condition: New. 0275954862 New Condition *** Right Off the Shelf | Ships within 2 Business Days ~~~ Customer Service Is Our Top Priority! - Thank you for LOOKING :-). Bookseller Inventory # 2BOOK2P101456

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Book Description Praeger, 1996. Hardcover. Book Condition: New. book. Bookseller Inventory # M0275954862

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