What are the Preconditions for Turnarounds in Failing States?

Author:

Chauvet Lisa1,Collier Paul2

Affiliation:

1. IRD, DIAL Paris, France

2. Department of Economics Centre for the Study of African Economies Oxford University, Oxford, UK,

Abstract

This paper analyzes the preconditions for sustained policy turnarounds in failing states. Our dependent variable is the probability of the commencement of a turnaround that eventually becomes both sustained and substantial. We focus upon the explanatory variables of resource rents, education, and aid, distinguishing between finance and technical assistance. Overall, we find that these variables have significant and large effects on the duration of state failure. Appropriate donor intervention can radically shorten state failure, whereas additional finance, whether from aid or resource rents, has the opposite effect.

Publisher

SAGE Publications

Subject

Political Science and International Relations,Economics and Econometrics

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