Drawing on data from One Earth Future’s Shuraako program, this report assesses the relationship between direct funding, proximity to violence, and proximity to international funding on the income of businesses in Somalia.
There is a strong and direct relationship between an act of violence and reported loss of income in nearby businesses, with businesses showing a 2.2%-41% decline in revenue during the month an attack happens.
Proximity to large-scale international development aid does not have a detectable effect on businesses in the sample.
The strongest predictor of firm revenue, when controlling for business characteristics, is access to capital as measured by loan size provided. Firms which received more loan income show significantly more revenue.
Policy Recommendations Include:
Underscoring the need for international development practitioners to provide access to capital for firms - even in fragile or conflict-affected states.
The impact of armed conflict is felt quickly and severely, and any reduction at all in the number of attacks or their centrality to concentrated businesses will be an economic benefit.
An OEF Research report authored by Ken Scott and Laura Rhodes reviewed international and national legal systems, laws, and practices regarding applicable norms and corporate responsibilities related to human rights abuses, and more specifically, mass
A comprehensive review of the range of activities undertaken by the private sector before, during, and immediately after the 2013 elections is the subject of a research report by Victor Owuor and Scott Wisor.This policy brief discusses key
Following the disputed presidential election results in 2007- 08, widespread violence engulfed Kenya, killing over one thousand people and displacing hundreds of thousands. One in three Kenyans were directly affected by the violence.
Past research on business engagement with human rights, peace, and security has identified specific reasons why national and transnational companies may be interested in participating, as well as how they have contributed to protecting human rights
This paper discusses the challenges and opportunities of the banking segment in Somalia. It reviews current systems for financial transfers and discusses the possibility of the introduction of a two-tier banking system.