State failure takes many forms. Somalia offers one extreme. The country's prolonged civil war led to the collapse of central authority, with state control devolving to warlord-led factions that competed for the spoils of local commerce, political power, and international aid. Malawi, on the other hand, is at the other end of the scale. During President Bingu's second term in office, the country's economy collapsed as a result of poor policies and...