Rents, Rent-Seeking and Economic Development

Rents, Rent-Seeking and Economic Development PDF Author: Mushtaq Husain Khan
Publisher: Cambridge University Press
ISBN: 9780521788663
Category : Business & Economics
Languages : en
Pages : 358

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Book Description
The concepts of rents and rent-seeking are central to any discussion of the processes of economic development. Yet conventional models of rent-seeking are unable to explain how it can drive decades of rapid growth in some countries, and at other times be associated with spectacular economic crises. This book argues that the rent-seeking framework has to be radically extended by incorporating insights developed by political scientists, institutional economists and political economists if it is to explain the anomalous role played by rent-seeking in Asian countries. It includes detailed analysis of Thailand, Malaysia, the Philippines, the Indian sub-continent, Indonesia and South Korea. This new critical and multidisciplinary approach has important policy implications for the debates over institutional reform in developing countries. It brings together leading international scholars in economics and political science, and will be of great interest to readers in the social sciences and Asian studies in general.

Rents, Rent-Seeking and Economic Development

Rents, Rent-Seeking and Economic Development PDF Author: Mushtaq Husain Khan
Publisher: Cambridge University Press
ISBN: 9780521788663
Category : Business & Economics
Languages : en
Pages : 358

Get Book Here

Book Description
The concepts of rents and rent-seeking are central to any discussion of the processes of economic development. Yet conventional models of rent-seeking are unable to explain how it can drive decades of rapid growth in some countries, and at other times be associated with spectacular economic crises. This book argues that the rent-seeking framework has to be radically extended by incorporating insights developed by political scientists, institutional economists and political economists if it is to explain the anomalous role played by rent-seeking in Asian countries. It includes detailed analysis of Thailand, Malaysia, the Philippines, the Indian sub-continent, Indonesia and South Korea. This new critical and multidisciplinary approach has important policy implications for the debates over institutional reform in developing countries. It brings together leading international scholars in economics and political science, and will be of great interest to readers in the social sciences and Asian studies in general.

Rent Seeking and Development

Rent Seeking and Development PDF Author: Christine Ngoc Ngo
Publisher: Routledge
ISBN: 1317328213
Category : Business & Economics
Languages : en
Pages : 219

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Book Description
Rent seeking continues to be a topic of much discussion and debate within the political economy. This new study challenges previous assumptions and sets out a new analysis of the dynamics of rent and rent seeking in development, using Vietnam as a case study. This book provides an alternative approach to the study of economic development and illuminates new perspectives in a contemporary context. It argues that not only has there been an incomplete understanding of Vietnam’s industrial development over the last three decades, but that neoclassical economics do not adequately address many of the issues endangering Vietnam’s development. A significant observation of the Vietnamese experience is the analytical view that rents can be developmental and growth enhancing if the configuration of rent management incentivizes industrial upgrade and conditions firm performance. Underlining the need to reexamine how economic actors and the state collaborate through formal and informal institutions, this study fills a gap in the scholarship of the political economy of rent and rent seeking and how rents might be used for developmental purposes.

The Political Economy of Rent Seeking and Economic Growth

The Political Economy of Rent Seeking and Economic Growth PDF Author: Richard L. Carson
Publisher:
ISBN:
Category : Rent (Economic theory)
Languages : en
Pages : 29

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Book Description


On Rent Seeking and Economic Growth

On Rent Seeking and Economic Growth PDF Author: Richard L. Carson
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


Lewis Through a Looking Glass

Lewis Through a Looking Glass PDF Author: Alan H. Gelb
Publisher: World Bank Publications
ISBN:
Category : Crecimiento economico
Languages : en
Pages : 39

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Book Description


The Political Economy of Rent-Seeking

The Political Economy of Rent-Seeking PDF Author: Charles Rowley
Publisher: Springer Science & Business Media
ISBN: 9780898382419
Category : Business & Economics
Languages : en
Pages : 520

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Book Description
It is now twenty years since the concept of rent-seeking was first devised by Gordon Tullock, though he was not responsible for coining the phrase itself. His initial insight has burgeoned over two decades into a major research program which has had an impact not only on public choice, but also on the related disciplines of economics, political science, and law and economics. The reach of the insight has proved to be universal, with relevance not just for the democracies, but also, and arguably more important, for all forms of autocracy, irrespective of ideological com plexion. It is not surprising, therefore, that this volume is the third edited publication dedicated specifically to scholarship into rent-seeking behavior. The theory of rent-seeking bridges normative and positive analyses of state action. In its normative dimension, rent-seeking scholarship has expanded, enlivened, in some respects turned on its head, the traditional welfare analyses of such features of modern economics as monopoly, externalities, public goods, and trade protection devices. In its positive dimension, rent-seeking contributions have provided an important analy tical perspective from which to understand and to predict the behavior of politicians, interest groups and bureaucrats, the media and the academy within the political market place. This bridge between normative and positive elements of analysis is invaluable in facilitating an understanding of and evaluating the costs of state activity within a consistent paradigm.

Rent Seeking and Economic Growth: Evidence from the States

Rent Seeking and Economic Growth: Evidence from the States PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
The Cato Institute, a public policy research foundation in Washington, D.C., presents the full text of an article entitled "Rent Seeking and Economic Growth: Evidence from the States," written by Harold J. Brumm. The article was published in the Spring/Summer 1999 issue of "The Cato Journal." The author discusses the extent to which economic growth is affected by rent seeking, particularly data related to the issue for the 48 contiguous states. The study finds the real gross state product (GSP) per capita to be negatively correlated with the initial level of real GSP per capita, the burden of state tax structure, and the level of rent-seeking activity in the state.

Institutions and Collective Choice in Developing Countries

Institutions and Collective Choice in Developing Countries PDF Author: Mwangi S. Kimenyi
Publisher: Routledge
ISBN: 0429806310
Category : Political Science
Languages : en
Pages : 426

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Book Description
First published in 1999, this volume is written by seasoned public choice scholars and is intended to make a significant contribution to the debate on peaceful coexistence and sustainable development in developing countries. The book contains a rich mixture of analytical ideas and views on collective choice and macroeconomic performance in developing countries. This book breaks new ground in that it is the first comprehensive application of the theory of public choice to collective decision making in developing societies. It provides both students of Third World studies and policy makers in developing societies an in-depth analysis for institutions for collective choice. For countries undergoing major reform of their political and economic institutions, public choice theory can provide significant and useful insights, and help these societies design and adopt institutional arrangements that enhance peaceful coexistence of groups, the creation of wealth and sustainable development. Specifically, the book successfully shows that: (1) the application of economic theory to the study of public policy in the developing countries can provide important insights into collective decision-making; (2) the application of public choice theory to the study of developing societies can significantly improve the efficiency of bureaucratic and governmental systems, and consequently, promote economic, political and social development; and (3) public choice can help developing societies design and sustain effective laws and institutions for peaceful coexistence of groups and achieve sustainable development.

Rent-seeking And Economic Growth In Africa

Rent-seeking And Economic Growth In Africa PDF Author: Mark Gallagher
Publisher: Westview Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 212

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Book Description
A study of the economic experience of 22 African countries. The author argues that rent-seeking (payment made to a resource beyond what is necessary to get the resource to perform its function) and policies that encourage rent-seeking have played a major role in hindering economic growth.

Rent seeking and economic growth

Rent seeking and economic growth PDF Author: Martín Rama
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 68

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Book Description