Economic Reconstruction and Development

Richard Caplan

in International Governance of War-Torn Territories

Published in print January 2005 | ISBN: 9780199263455
Published online July 2005 | e-ISBN: 9780191602726 | DOI:
Economic Reconstruction and Development

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Economic development is a basic requirement for the long-term viability of internationally administered territories. Discusses what is often a triple challenge for transitional administrators: physical reconstruction, structural transformation, and economic development, each with its own conceptual framework and approach. Overcoming this triple challenge requires a degree of co-ordination among external parties that can be difficult to achieve because of the inherent autonomy of the key actors involved: donor states, regional and international aid agencies, and development banks. A further difficulty arises when the strategic aims of the external actors are not shared by the local parties. Organized crime, corruption, and black- and grey-market activities can also pose serious threats to economic recovery.

Keywords: aid; conditionality; corruption; development; economic reconstruction; monetary and fiscal policy; organized crime; physical reconstruction; privatization

Chapter.  9498 words. 

Subjects: International Relations

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