International Political Economy: Some African Applications.

Modern theories of political economy analyze the sources of political power and their uses for economic ends. The key instruments are taxation and regulation. Although international political economy treats states as its unit of analysis, the number of states is endogenous. This is highly pertinent...

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Main Author: Collier, P
Format: Journal article
Language:English
Published: OUP 2008
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author Collier, P
author_facet Collier, P
author_sort Collier, P
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description Modern theories of political economy analyze the sources of political power and their uses for economic ends. The key instruments are taxation and regulation. Although international political economy treats states as its unit of analysis, the number of states is endogenous. This is highly pertinent for Africa, which has far more states relative to its population than other regions. Africa's many small states face acute difficulties of supplying the core public good of enforced justice and I apply the new economics of lawlessness developed by Dixit to show the consequences. I argue that due to the difficulties of supplying this key public good from within the state, Africa needs to have more recourse to the international provision: both through inter-state cooperation within the region, and through global provision.
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spelling oxford-uuid:5867f226-1648-4089-8d69-2cec02033e8d2022-03-26T17:03:08ZInternational Political Economy: Some African Applications.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:5867f226-1648-4089-8d69-2cec02033e8dEnglishDepartment of Economics - ePrintsOUP2008Collier, PModern theories of political economy analyze the sources of political power and their uses for economic ends. The key instruments are taxation and regulation. Although international political economy treats states as its unit of analysis, the number of states is endogenous. This is highly pertinent for Africa, which has far more states relative to its population than other regions. Africa's many small states face acute difficulties of supplying the core public good of enforced justice and I apply the new economics of lawlessness developed by Dixit to show the consequences. I argue that due to the difficulties of supplying this key public good from within the state, Africa needs to have more recourse to the international provision: both through inter-state cooperation within the region, and through global provision.
spellingShingle Collier, P
International Political Economy: Some African Applications.
title International Political Economy: Some African Applications.
title_full International Political Economy: Some African Applications.
title_fullStr International Political Economy: Some African Applications.
title_full_unstemmed International Political Economy: Some African Applications.
title_short International Political Economy: Some African Applications.
title_sort international political economy some african applications
work_keys_str_mv AT collierp internationalpoliticaleconomysomeafricanapplications