Somalia: Economy Without StateIn the wake of the collapse of the Somali government in 1991, a "second" or "informal" economy based on trans-border trade and smuggling is thriving. While focusing primarily on pastoral and agricultural markets, Peter D. Little demonstrates that the Somalis are resilient and opportunistic and that they use their limited resources effectively. While it is true that many Somalis live in the shadow of brutal warlords and lack access to basic health care and education, Little focuses on those who have managed to carve out a productive means of making ends meet under difficult conditions and emphasizes the role of civic culture even when government no longer exists. Exploring questions such as, Does statelessness necessarily mean anarchy and disorder? Do money, international trade, and investment survive without a state? Do pastoralists care about development and social improvement? This book describes the complexity of the Somali situation in the light of international terrorism. |
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As this chapter will show , the maintenance of mobility as a risk management strategy ! is a key reason why Somalia's livestock sector has not suffered as much as other areas of the economy . Yet , it is the ability to be mobile ...
Between 1988 and 1998 price differences in US dollar terms between Kenyan and Somali markets grew by about 20 percent , which implies a slight increase in risks and transaction costs on the Somalia side .
As would be expected , the highest risks and costs in cattle trade involve the initial purchase and transport . The net return for the trader ( Trader 1 in Table 5.6 ) who buys directly from Somalia and sells at Garissa is 15 percent .
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LibraryThing Review
User Review - thewalkinggirl - LibraryThingArgues that despite political, social, and environmental instability, the Somali society and economy have survived. The author focuses on the Somali borderlands adjacent to Kenya, comparing that ... Read full review