Distress Signs of a Failing Economy
ASSIGNMENT QUESTION:
Many world economies have manifested distress signs commonly associated with failed states. Identify these signs and explain their implication on the desired National integration and the future.
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DISTRESS FACTORS/SIGNS OF A FAILING STATE
(AS INDICATED IN THE NIGERIAN SYSTEM)
Introduction
According to a popular writer of the mid 200s, he describes the reasons why States fail when he said, “States fail because they are convulsed by internal violence and can no longer deliver positive political goods to their inhabitants. Their governments lose legitimacy, and the very nature of the particular nation-state itself becomes illegitimate in the eyes and in the hearts of a growing plurality of its citizens”. This is mainly caused by the inability to deliver the necessary Political Goods, needed by the citizenry to live a comfortable life.
He also described Political Goods as those intangible and hard to quantify claims that citizens once made on sovereigns and now make on states. They encompass expectations, conceivably obligations, inform the local political culture, and together give content to the social contract between rulers and the ruled that is at the core of regime/government and citizenry interactions. These are those service-oriented obligations that the rulers are supposed to perform for and on behalf of the ruled or those who placed them in office to represent their interest. However, shortage of Political Goods is at the core of the causes of failure in most failed or failing states.
The signs of a failing State – a government which for whatever reason is unwilling or unable to fulfill its responsibilities to a particular country’s citizenry can be referred to as failing or failed (Fr Laurent Magesa, 2011). Nigeria as a nation, has in recent times been encountering some difficulties, otherwise we can call them some signs, which some failed states around the world showed
Many world economies have manifested distress signs commonly associated with failed states. Identify these signs and explain their implication on the desired National integration and the future.
-------------------------------------------------
DISTRESS FACTORS/SIGNS OF A FAILING STATE
(AS INDICATED IN THE NIGERIAN SYSTEM)
Introduction
According to a popular writer of the mid 200s, he describes the reasons why States fail when he said, “States fail because they are convulsed by internal violence and can no longer deliver positive political goods to their inhabitants. Their governments lose legitimacy, and the very nature of the particular nation-state itself becomes illegitimate in the eyes and in the hearts of a growing plurality of its citizens”. This is mainly caused by the inability to deliver the necessary Political Goods, needed by the citizenry to live a comfortable life.
He also described Political Goods as those intangible and hard to quantify claims that citizens once made on sovereigns and now make on states. They encompass expectations, conceivably obligations, inform the local political culture, and together give content to the social contract between rulers and the ruled that is at the core of regime/government and citizenry interactions. These are those service-oriented obligations that the rulers are supposed to perform for and on behalf of the ruled or those who placed them in office to represent their interest. However, shortage of Political Goods is at the core of the causes of failure in most failed or failing states.
The signs of a failing State – a government which for whatever reason is unwilling or unable to fulfill its responsibilities to a particular country’s citizenry can be referred to as failing or failed (Fr Laurent Magesa, 2011). Nigeria as a nation, has in recent times been encountering some difficulties, otherwise we can call them some signs, which some failed states around the world showed
References: 1. Robert I. Rortberg Failed States, Collapsed States,Weak States: Causes and Indicators (2007) 2. Aidan O’Neill - (The Tablet 9 February 2002, p. 13) 3. Bryan O. Nelson – Understanding the factors that can set a State Backward (2000), London Press, P. 29-31