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dc.contributor.authorChauvet, Lisaen
dc.contributor.authorCollier, Paulen
dc.contributor.authorHoeffler, Ankeen
dc.date.accessioned2012-09-21T09:48:28Z-
dc.date.available2012-09-21T09:48:28Z-
dc.date.issued2007-
dc.identifier.isbn9291909556=978-92-9190-955-1en
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
dc.language.isoengen
dc.publisher|aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinkien
dc.relation.ispartofseries|aWIDER Research Paper |x2007/16en
dc.subject.jelF5en
dc.subject.jelH56en
dc.subject.jelO56en
dc.subject.ddc330en
dc.subject.keywordPacific islandsen
dc.subject.keywordgovernanceen
dc.subject.keywordcostsen
dc.subject.keywordgrowthen
dc.subject.keywordcivil waren
dc.subject.stwStaatsversagenen
dc.subject.stwInselen
dc.subject.stwPazifischer Raumen
dc.titleParadise lost: The costs of state failure in the Pacific-
dc.typeWorking Paperen
dc.identifier.ppn537399607en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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