Publication: Anarchy and Invention : How Does Somalia’s Private Sector Cope without Government?

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Date
2005-09
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Published
2005-09
Author(s)
Harford, Tim
Abstract
Somalia has lacked a recognized government since 1991. In extremely difficult conditions the private sector has demonstrated its much vaunted capability to make do. To cope with the absence of the rule of law, private enterprises have been using foreign jurisdictions or institutions to help with some tasks, operating within networks of trust to strengthen property rights, and simplifying transactions until they require neither. Somalia's private sector experience suggests that it may be easier than is commonly thought for basic systems of finance and some infrastructure services to function where government is extremely weak or absent.
Citation
Nenova, Tatiana; Harford, Tim. 2005. Anarchy and Invention : How Does Somalia’s Private Sector Cope without Government?. Africa Region Findings & Good Practice Infobriefs; No. 254. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/4ff2df35-6b7d-563e-935f-99fa6006fbf3 License: CC BY 3.0 IGO.
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