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From Rent-seeking to Profit-creation: Private Sector Development and Economic Turnaround in Fragile States

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  • Piffaretti, Nadia F.

Abstract

The paper suggests a framework for evaluating the relevance of strategies of private sector development in fostering sustained economic turnaround in fragile and post-conflict situations. It highlights how fragility, violence and conflict change economic structures, introducing distortions, trapping agents into “short-termism” and changing incentives toward rent-seeking, and explores strategies for supporting shifting economic systems from predation to production.

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File URL: http://mpra.ub.uni-muenchen.de/26558/
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 26558.

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Date of creation: 08 Nov 2010
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Handle: RePEc:pra:mprapa:26558

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Keywords: Fragile States; Economic Turnaround;

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  1. Azam, Jean-Paul & Bevan, David & Collier, Paul & Dercon, Stefan & Gunning, Jan & Pradhan, Sanjay, 1995. "Some economic consequences of the transition from civil war to peace," Policy Research Working Paper Series 1392, The World Bank.
  2. Hallward-Driemeier, Mary & Khun-Jush, Gita & Pritchett, Lant, 2010. "Deals versus rules : policy implementation uncertainty and why firms hate it," Policy Research Working Paper Series 5321, The World Bank.
  3. Massimo Guidolin & Eliana La Ferrara, 2006. "Diamonds are forever, wars are not. Is conflict bad for private firms?," Working Papers, Federal Reserve Bank of St. Louis 2005-004, Federal Reserve Bank of St. Louis.
  4. Rodrik, Dani, 2003. "Growth Strategies," CEPR Discussion Papers, C.E.P.R. Discussion Papers 4100, C.E.P.R. Discussion Papers.
  5. repec:fth:oxesaf:95-8 is not listed on IDEAS
  6. Syrquin, Moshe, 1988. "Patterns of structural change," Handbook of Development Economics, Elsevier, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 1, chapter 7, pages 203-273 Elsevier.
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