Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/63587
Full metadata record
DC FieldValueLanguage
dc.contributor.authorChauvet, Lisaen_US
dc.contributor.authorCollier, Paulen_US
dc.contributor.authorHoeffler, Ankeen_US
dc.date.accessioned2012-09-21T09:48:28Z-
dc.date.available2012-09-21T09:48:28Z-
dc.date.issued2007en_US
dc.identifier.isbn9291909556=978-92-9190-955-1en_US
dc.identifier.urihttp://hdl.handle.net/10419/63587-
dc.description.abstractGlobally, state failure is hugely costly. We estimate the total cost of failing states at around US$276 billion per year. In this paper we apply our global framework and methodology to analyse the cost of failing states in the Pacific Ocean. Globally, failing states inflict very large costs on their neighbours and this both justifies and requires regional intervention in decision processes that would normally be the sovereign domain of nation states. Our analysis suggests that islands do not have neighbours in this economic sense. In this respect the Pacific region is distinctive, because its countries are islands, the neighbourhood spillovers that normally generate these costs do not apply. Due to the lack of spillovers we estimate the cost of state failure at US$36 billion. However, our results also indicate that failing states themselves suffer considerably more in terms of income losses if they are islands. This may be due to the greater openness of islands, implying greater flight of financial and human capital. We conclude that because neighbours are not directly affected by state failure in the Pacific, any possible interventions should be centred on the humanitarian concern rather than be guided by self-interest of the other countries within the Pacific region.en_US
dc.language.isoengen_US
dc.publisher|aUNU-WIDER |cHelsinkien_US
dc.relation.ispartofseries|aResearch Paper, UNU-WIDER, United Nations University (UNU) |x2007/16en_US
dc.subject.jelF5en_US
dc.subject.jelH56en_US
dc.subject.jelO56en_US
dc.subject.ddc330en_US
dc.subject.keywordPacific islandsen_US
dc.subject.keywordgovernanceen_US
dc.subject.keywordcostsen_US
dc.subject.keywordgrowthen_US
dc.subject.keywordcivil waren_US
dc.subject.stwStaatsversagenen_US
dc.subject.stwInselen_US
dc.subject.stwPazifischer Raumen_US
dc.titleParadise lost: The costs of state failure in the Pacificen_US
dc.typeWorking Paperen_US
dc.identifier.ppn537399607en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

Files in This Item:
File
Size
127.25 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.