id okr-10986-11247
recordtype oai_dc
spelling okr-10986-112472021-04-23T14:02:54Z Anarchy and Invention World Bank ACCESS TO SAFE WATER AIR AIRPORTS BANKS CHECKS CITIES COMMUNITIES COPING STRATEGIES CURRENCY CURRENCY EXCHANGE DEMOCRATIC REPUBLIC OF ELECTRICITY FAMILIES FINANCIAL SYSTEM GOVERNMENT INTERVENTIONS ILLITERACY INCOME INFLATION INSURANCE JURISDICTIONS LAWS LIABILITY MONEY LAUNDERING MONEY TRANSFERS NEGOTIATIONS PARENTS PAYMENT SYSTEMS PEACE PRIMARY SCHOOLS PRIVATE GOODS PRIVATE SECTOR PUBLIC GOODS PUBLIC POLICY PURCHASING POWER ROADS SAFETY SAVINGS SETTLEMENT SHAREHOLDERS SUPPLIERS TELECOMMUNICATIONS THE GAMBIA TRANSACTION COSTS Somalia has lacked a recognized government since 1991-an unusually long time. 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. 2012-08-13T14:33:27Z 2012-08-13T14:33:27Z 2004-11 http://documents.worldbank.org/curated/en/2004/11/5525799/anarchy-invention Viewpoint. -- Note no. 280 (November 2004) http://hdl.handle.net/10986/11247 English Viewpoint CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research Africa Somalia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCESS TO SAFE WATER
AIR
AIRPORTS
BANKS
CHECKS
CITIES
COMMUNITIES
COPING STRATEGIES
CURRENCY
CURRENCY EXCHANGE
DEMOCRATIC REPUBLIC OF
ELECTRICITY
FAMILIES
FINANCIAL SYSTEM
GOVERNMENT INTERVENTIONS
ILLITERACY
INCOME
INFLATION
INSURANCE
JURISDICTIONS
LAWS
LIABILITY
MONEY LAUNDERING
MONEY TRANSFERS
NEGOTIATIONS
PARENTS
PAYMENT SYSTEMS
PEACE
PRIMARY SCHOOLS
PRIVATE GOODS
PRIVATE SECTOR
PUBLIC GOODS
PUBLIC POLICY
PURCHASING POWER
ROADS
SAFETY
SAVINGS
SETTLEMENT
SHAREHOLDERS
SUPPLIERS
TELECOMMUNICATIONS
THE GAMBIA
TRANSACTION COSTS
spellingShingle ACCESS TO SAFE WATER
AIR
AIRPORTS
BANKS
CHECKS
CITIES
COMMUNITIES
COPING STRATEGIES
CURRENCY
CURRENCY EXCHANGE
DEMOCRATIC REPUBLIC OF
ELECTRICITY
FAMILIES
FINANCIAL SYSTEM
GOVERNMENT INTERVENTIONS
ILLITERACY
INCOME
INFLATION
INSURANCE
JURISDICTIONS
LAWS
LIABILITY
MONEY LAUNDERING
MONEY TRANSFERS
NEGOTIATIONS
PARENTS
PAYMENT SYSTEMS
PEACE
PRIMARY SCHOOLS
PRIVATE GOODS
PRIVATE SECTOR
PUBLIC GOODS
PUBLIC POLICY
PURCHASING POWER
ROADS
SAFETY
SAVINGS
SETTLEMENT
SHAREHOLDERS
SUPPLIERS
TELECOMMUNICATIONS
THE GAMBIA
TRANSACTION COSTS
World Bank
Anarchy and Invention
geographic_facet Africa
Somalia
relation Viewpoint
description Somalia has lacked a recognized government since 1991-an unusually long time. 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.
format Publications & Research :: Viewpoint
author World Bank
author_facet World Bank
author_sort World Bank
title Anarchy and Invention
title_short Anarchy and Invention
title_full Anarchy and Invention
title_fullStr Anarchy and Invention
title_full_unstemmed Anarchy and Invention
title_sort anarchy and invention
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2004/11/5525799/anarchy-invention
http://hdl.handle.net/10986/11247
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