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Research Paper | Sociology | Somalia | Volume 12 Issue 9, September 2023 | Popularity: 4.7 / 10

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Navigating Somalia's Political Economy: Past, Present, and Future Prospects

Sharmarke Abdullahi Yusuf, Abdinasir Abdullahi Mohamed Biyo

Abstract: This article provides an overview of the comparative political economy of Somalia with a focus on its past, present, and future prospects. A complex mix of internal and external factors, including clan politics, regional conflicts, global economic trends, and the actions of international actors, have shaped Somalia's political economy. This article examines the historical background of Somalia's political economy, including the impact of Siad Barre's socialist - oriented economic policy and the civil war that erupted during the 1990s. The present situation is also analyzed, including the progress made by the new government formed in 2012; the remaining challenges facing the country, and the external factors that affect Somalia's political economy. This article concludes with a discussion of potential pathways for the future, including strengthening the capacity and legitimacy of the central government, promoting regional integration and cooperation, and addressing the root causes of Somalia's economic and social problems.

Keywords: Comparative, Political Economy, Comparative Political Economy of Somalia

Edition: Volume 12 Issue 9, September 2023

Pages: 963 - 968

DOI: https://www.doi.org/10.21275/SR23907204902

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