From bad policy to chaos in Somalia: how an economy fell apart

Abstract

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