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The Institutional Prerequisites for Post-Conflict Reconstruction

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  • Christopher Coyne

Abstract

A successful post-conflict reconstruction is characterized by a self-sustaining liberal political, economic and social order that does not rely on external support. It is argued that the extent of reconstructed orders is constrained by their institutional prerequisites. These prerequisites—a shared ideology and ethic of individual and private property rights, a commitment to markets and the rule of law—are fundamental. Without these preconditions to serve as a foundation, reconstructed liberal orders will fail to be self-sustaining over time. It is argued that the viability of a shared ideology and ethic, and hence success, is directly dependent on the extent of horizontal ties in the post-conflict country. The main conclusion is that societies lacking adequate horizontal ties will require a high level of continual intervention and reconstruction efforts will have a lower probability of success. Copyright Springer Science + Business Media, Inc. 2005

Suggested Citation

  • Christopher Coyne, 2005. "The Institutional Prerequisites for Post-Conflict Reconstruction," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 18(3), pages 325-342, December.
    • Handle: RePEc:kap:revaec:v:18:y:2005:i:3:p:325-342
    DOI: 10.1007/s11138-005-4016-9
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    Cited by:

    1. Paul Aligica, 2007. "Uncertainty, human action and scenarios," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 20(4), pages 293-312, December.
    2. Art Carden, 2009. "Inputs and institutions as conservative elements," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 22(1), pages 1-19, March.
    3. François Facchini & Louis Jaeck & Chafik Bouhaddioui, 2021. "Culture and Entrepreneurship in the United Arab Emirates," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(3), pages 1245-1269, September.
    4. Christopher Coyne, 2008. "The Politics of Bureaucracy and the failure of post-war reconstruction," Public Choice, Springer, vol. 135(1), pages 11-22, April.
    5. Anthony Carilli & Christopher Coyne & Peter Leeson, 2008. "Government intervention and the structure of social capital," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 21(2), pages 209-218, September.
    6. Shaun Hargreaves Heap, 2008. "Social capital and snake oil," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 21(2), pages 199-207, September.
    7. Hall Abigail R., 2015. "Drones: Public Interest, Public Choice, and the Expansion of Unmanned Aerial Vehicles," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 21(2), pages 273-300, April.
    8. Peter Boettke, 2005. "Hayek And Market Socialism: Science, Ideology And Public Policy," Economic Affairs, Wiley Blackwell, vol. 25(4), pages 54-60, December.

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