Somalia: Economy Without StateDoes statelessness necessarily mean anarchy and disorder? Clan elders, religious leaders and businessmen have worked together to provide stability and security in large parts of Somalia. Urban centres continue to suffer violence, political chaos and economic disruption. Do money, international trade and investment survive without a state? Somalia has been without a state, a Ministry of Finance, or a central bank, but the Somali Shilling was more stable during the second half of the 1990s than during the 1980s. Economic agreements with transnational firms and sovereign states go ahead. Do town-dwellers fare as well as pastoralists? With the collapse of the state, herders and traders have benefited from reduced restrictions on movement and there is a booming unofficial export and import trade. Settled populations have fared less well. Do pastoralists care about development and social improvement? Throughout the Horn western-funded development projects have had disastrous results. Nevertheless the Somalis have selectively accepted certain elements; phone and internet services are surprisingly cheap.BR> Published in association with the International African Institute North America: Indiana U Press |
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Page 88
As will be discussed later in this chapter , this trade has captured the bulk of cattle exports with the collapse of the government and overseas trade . The fourth market , the overseas export trade , was very different from the other ...
As will be discussed later in this chapter , this trade has captured the bulk of cattle exports with the collapse of the government and overseas trade . The fourth market , the overseas export trade , was very different from the other ...
Page 89
largest net returns for traders took place in the overseas export trade , followed closely by the Kenya trade . Net incomes of traders in the overseas and Kenyan trade were 18 and 17.5 percent of the final sales price , respectively ...
largest net returns for traders took place in the overseas export trade , followed closely by the Kenya trade . Net incomes of traders in the overseas and Kenyan trade were 18 and 17.5 percent of the final sales price , respectively ...
Page 120
Abdi Saed , 50 years of age , concentrated his efforts on the overseas trade during the 1970s and early 1980s , but also kept his hand in the domestic trade of Kismayo town . He served as an agent for five export traders , of which ...
Abdi Saed , 50 years of age , concentrated his efforts on the overseas trade during the 1970s and early 1980s , but also kept his hand in the domestic trade of Kismayo town . He served as an agent for five export traders , of which ...
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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
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activities Afmadow Africa animals annual areas border region camel cattle central Chapter clan collapse communities costs cross-border trade decline depended discussed District drought earlier early economy effectively especially estimated Ethiopia example exchange existed export faction forces Garissa global grazing groups Harti herders herds important increased indicated involved Jubba Valley Kenya Kismayo late least less levels livestock Lower Jubba major Mandera merchants middlemen Mogadishu Mohamed months moved movements Nairobi noted official Ogadeen operate overseas past pastoral pastoralists percent period points political population production purchase rates recent relations relatively remain result risks River season sector shilling shows social Somaliland sources southern Somalia sub-clan supply Table town trade transport United urban usually