Rent Seeking and Development

Rent Seeking and Development PDF

Author: Christine Ngoc Ngo

Publisher: Routledge

Published: 2020-03-25

Total Pages: 219

ISBN-13: 1317328213

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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.

Rents, Rent-Seeking and Economic Development

Rents, Rent-Seeking and Economic Development PDF

Author: Mushtaq Husain Khan

Publisher: Cambridge University Press

Published: 2000-09-07

Total Pages: 358

ISBN-13: 9780521788663

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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.

The Economics of Special Privilege and Rent Seeking

The Economics of Special Privilege and Rent Seeking PDF

Author: G. Tullock

Publisher: Springer Science & Business Media

Published: 2013-03-14

Total Pages: 101

ISBN-13: 9401578133

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As the reader of this book probably already knows, I have devoted a great deal of time to the topic which is, rather unfortunately, named rent seeking. Rent seeking, the use of resources in actually lowering total product although benefiting some minority, is, unfortunately, a major activity of most governments. As a result of this, I have stumbled on a puzzle. The rent-seeking activity found in major societies is immense, but the industry devoted to producing it is nowhere near as immense. In Washington the rent-seeking industry is a very conspicuous part of the landscape. On the other hand, if you consider how much money is being moved by that industry, then it is comparatively small. The first question that this book seeks to answer is: How do we account for the disparity? A second problem is that almost all rent seeking is done in what superficially appears to be an extremely inefficient way. I recently got estimates of the net cost to the public of the farm program and its net benefit to the farmers. The first is many times the second. Indeed, it is not at all obvious that in the long run, today's farmers are better off than they would be if the program had never been implemented. Of course, in any given year, cancelling the program would be quite painful. The first section of this book, then, is devoted to this problem.

Rent Seeking in China

Rent Seeking in China PDF

Author: Tak-Wing Ngo

Publisher: Routledge

Published: 2008-12-04

Total Pages: 395

ISBN-13: 1134034407

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In China, rent seeking has been linked to the idea of the local developmental state in which rapid economic development is explained in terms of the promotion of village and township enterprises by local cadres who wants to maximize revenue. At the same time, the rent-seeking state is also seen as the root of corrupt practices and in the creation of a political market where state assets and authorities are diverted into private interests. Despite the prevalence of rent seeking practices in present day China, no systematic study of the phenomenon across different regions and economic sectors has yet been undertaken and as such what accounts for the occurrence of the phenomenon, what range of activities are related to rent seeking practices and, more importantly, how rent seeking shapes political and economic development are barely understood. Rent Seeking in China seeks to address these questions using case studies from across economics sectors including primary industry, strategic industry, heavy industry, and light industry. It will be invaluable reading for students and scholars of Chinese politics, comparative politics and Chinese economic and business management.

Rent-Seeking, Institutions and Reforms in Africa

Rent-Seeking, Institutions and Reforms in Africa PDF

Author: Pius Fischer

Publisher: Springer Science & Business Media

Published: 2007-12-03

Total Pages: 692

ISBN-13: 0387337733

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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.

The Rent Curse

The Rent Curse PDF

Author: Richard M. Auty

Publisher: Oxford University Press, USA

Published: 2019

Total Pages: 278

ISBN-13: 0198828861

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This book compares models of low-rent and high-rent development to explain the divergent growth of regions and to query the continued prioritization of industrialization over agriculture and export services as the engine of economic prosperity.

Guide to Sustainable Development and Environmental Policy

Guide to Sustainable Development and Environmental Policy PDF

Author: William L. Ascher

Publisher: Duke University Press

Published: 2002-03-29

Total Pages: 433

ISBN-13: 0822381036

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The Guide to Sustainable Development and Environmental Policy is a comprehensive presentation of definitions, philosophies, policies, models, and analyses of global environmental and developmental issues. With a wealth of comparative, multidisciplinary, and geographically varied perspectives on environmental governance, it also provides detailed and balanced discussions about specific environmental issues. The guide combines formal, objective entries with critical commentaries that emphasize different opinions and controversies. With succinct explanations of more than a thousand terms, thoughtful interpretations by international experts, and helpful cross-referencing, this resource is designed to serve as a roadmap for understanding the issues and debates in the overlapping fields of environment and development. Intended for use by activists, journalists, policymakers, students, scholars, and interested citizens, the Guide to Sustainable Development and Environmental Policy will be a helpful tool for anyone trying to get a comprehensive look at the many environmental organizations, schools of thought, development programs, international environmental treaties, conventions, and strategies that have proliferated in the past few decades.

Rent Seeking in China

Rent Seeking in China PDF

Author: Tak-Wing Ngo

Publisher: Routledge

Published: 2008-12-04

Total Pages: 327

ISBN-13: 1134034415

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This is the first book which undertakes a systematic analysis of rent seeking activities in China. Using case studies from across economics sectors the contributors discuss the occurrence of the phenomenon, what range of activities are related to rent seeking practices and, more importantly, how rent seeking shapes political and economic development.

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