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A prorupted or protruded has an extension that protrudes from the main territory. [3] Thailand is an example of a prorupted state. [1] A perforated completely surrounds another state (country). South Africa is an example of a perforated state because it surrounds Lesotho. [3]
State collapse is a sudden dissolution of a sovereign state. [1] It is often used to describe extreme situations in which state institutions dissolve rapidly. [2] [1]When a new regime moves in, often led by the military, civil society typically fails to rally around the central government, and societal actors fend for themselves at the local level. [1]
A failed state is a state that has lost its ability to fulfill fundamental security and development functions, lacking effective control over its territory and borders. . Common characteristics of a failed state include a government incapable of tax collection, law enforcement, security assurance, territorial control, political or civil office staffing, and infrastructure maintenan
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Term Description Examples Autocracy: Autocracy is a system of government in which supreme power (social and political) is concentrated in the hands of one person or polity, whose decisions are subject to neither external legal restraints nor regularized mechanisms of popular control (except perhaps for the implicit threat of a coup d'état or mass insurrection).
A chicken game is a situation where two states engage in brinkmanship even though the ideal solution is for one state to yield to the other. For example, the United States and the USSR risked global nuclear war to protect relatively minor strategic interests during the Cuban Missile Crisis.
The formal model underlying the hypothesis is the uncovered Interest Rate Parity condition which states that in absence of a risk premium, arbitrage will ensure that the depreciation or appreciation of a country's currency vis-à-vis another will be equal to the nominal interest rate differential between them. Since under a peg, i.e. a fixed ...
A fragile state or weak state is a country characterized by weak state capacity or weak state legitimacy leaving citizens vulnerable to a range of shocks. The World Bank, for example, deems a country to be ‘fragile’ if it (a) is eligible for assistance (i.e., a grant) from the International Development Association (IDA), (b) has had a UN peacekeeping mission in the last three years, and (c ...