Anarchy and Invention : How Does Somalia’s Private Sector Cope without Government?
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 fo...
| Main Authors: | , |
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| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2005/09/6417536/anarchy-invention-somalias-private-sector-cope-without-government http://hdl.handle.net/10986/9655 |
| Summary: | 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. |
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