IDEAS home Printed from
   My bibliography  Save this paper

Failed States, Vicious Cycles, and a Proposal


  • Raghuram G. Rajan



The problems of failed states, including the repeated return to power of former warlords are examined. It is argued that this causes institutions to become weaker and people to get poorer. It is argued that economic power through property holdings or human capital gives people the means to hold their leaders accountable. In the absence of such distributed power, dictators reign. [Working Paper No. 243]. URL: [].

Suggested Citation

  • Raghuram G. Rajan, 2011. "Failed States, Vicious Cycles, and a Proposal," Working Papers id:3698, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:3698
    Note: Institutional Papers

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    poorer; leaders; dictators; states; power; warloads; institutions; economic power; accountable; human capital; economic environment; foreign aid; vicious cycles; government;

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ess:wpaper:id:3698. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Padma Prakash). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.