Postwar Reconstruction: Some Insights from Public Choice and Institutional Economics

Abstract

A successful reconstruction is characterized by a widespread coordination problem, combined with potential pockets of conflict. We analyze the array of relationships that take place in the reconstruction process - political, economic and social - by considering under what circumstances they are situations of conflict or coordination. Historical attempts at reconstruction provide further understanding of how to achieve success.

Keywords: Conflict, coordination, culture, postwar reconstruction

JEL Classification: N40, O1, P11, Z13