Rent-seeking And Economic Growth In Africa PDF Download
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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.
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.
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.
Author: Silvio Borner
Publisher: Springer
ISBN: 1349262846
Category : Political Science
Languages : en
Pages : 403
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Book Description
The state and its institutions are crucial for economic development: for better and for worse. This insight informs this important, up-to-date and authoritative survey of new trends in growth economics and the widely divergent economic performance of developing countries - for example, between Latin America and South-east Asia - which seemed to be similarly placed just a generation ago. The decisive role of the political dimension in economic growth seems clear but there are many challenges to be met in getting an analytical handle on the precise determinants and in testing empirically for this. This is the challenge taken up by the international team of contributors.
Author: R. D. Congleton
Publisher: Edward Elgar Publishing
ISBN: 1782544941
Category : Business & Economics
Languages : en
Pages : 553
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Book Description
The quest for benefit from existing wealth or by seeking privileged benefit through influence over policy is known as rent seeking. Much rent seeking activity involves government and political decisions and is therefore in the domain of political econo
Author: John Mukum Mbaku
Publisher: Africa World Press
ISBN: 9781592212071
Category : Africa
Languages : en
Pages : 360
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Book Description
A significant contribution to the debate on poverty alleviation in Africa, Professor Mbaku offers practical policies for economic growth. He argues that the most important contributor to poverty and deprivation in Africa is the absense of institutional structures that enhance indigenous entrepreneurship and wealth creation. He explains that these are so vital that living standards will continue to deteriorate unless these building blocks are put in place.
Author: Pius Fischer
Publisher: Springer Science & Business Media
ISBN: 0387337733
Category : Business & Economics
Languages : en
Pages : 692
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Book Description
This volume identifies rent-seeking behavior as a primary cause of poor economic performance in many places, particulary Africa. The book presents a detailed empirical study of rent-seeking within the civil service, parastatal sector, and business community in Tanzania. It quantifies and evaluates the rent-seeking behavior of more than 300 parastatal companies and the resulting impact on society. The conclusions on reform strategies are applicable to counties within and outside Africa.
Author: Robert Klitgaard
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 312
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Book Description
This is an account of the author’s two-and-a-half year adventure in Equatorial Guinea, and his efforts to get this small bankrupt African nation on the path of structural development.
Author: P. Thandika Mkandawire
Publisher: IDRC
ISBN: 155250204X
Category : Political Science
Languages : en
Pages : 192
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Book Description
Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.
Author: Jakob Svensson
Publisher: World Bank Publications
ISBN:
Category : Ayuda economica
Languages : en
Pages : 33
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Book Description
February 1998 Why has foreign aid had so seemingly poor a macroeconomic impact in many developing countries? Is there a relationship between concessional assistance, widespread corruption, and other types of rent-seeking? To address the relationship between concessional assistance, corruption, and other types of rent-seeking activities, the author provides a simple game-theoretic rent-seeking model. Insights with interesting implications emerge from the analysis: - An increase in government revenue (from windfalls, for example, or from increased foreign aid) does not necessarily lead to the provision of more public goods and in certain circumstances may reduce it. - The mere expectation of aid may suffice to increase rent-dissipation and reduce productive public spending. But if the donor community can enter into a binding policy commitment, this result may be reversed. The author provides some preliminary empirical evidence in support of the hypothesis that windfalls and foreign aid, in countries suffering from a divided policy process, are on average associated with more extensive corruption. He finds no evidence that donors systematically allocate aid to countries with less corruption. The results accords with recent empirical findings that aid is more effective, the greater the effort to direct it to good performers. But such a regime shift may involve an aid policy that in the short run provides more assistance to countries in less need and less aid to those in most need. Enforcing such a regime shift might be difficult. This paper--a product of the Development Research Group--is part of a larger effort in the group to study the effectiveness of foreign aid.
Author: David Booth
Publisher: Bloomsbury Publishing
ISBN: 1780325967
Category : Social Science
Languages : en
Pages : 176
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Book Description
Drawing on in-depth empirical research spanning a number of countries in Africa, Booth and Cammack's path-breaking book offers both an accessible overview of issues surrounding governance for development on the continent, whilst also offering a bold new alternative. In doing so, they controversially argue that externally imposed 'good governance' approaches make unrealistic assumptions about the choices leaders and officials are, in practice, able to make. As a result, reform initiatives and assistance programmes supported by donors regularly fail, while ignoring the potential for addressing the causes rather than the symptoms of this situation. In reality, the authors show, anti-developmental behaviours stem from unresolved - yet in principle soluble - collective action problems. Governance for Development in Africa offers a comprehensive and critical examination of the institutional barriers to economic and social progress in Africa, and makes a compelling plea for fresh policy thinking and new ways of envisioning so-called good governance.
