ENGLISH

Rents, Rent-Seeking and Economic Development: Theory and Evidence in Asia

By Mushtaq H. Khan , Kwame Sundaram Jomo

Book information

Publisher
Cambridge University Press
Year
2000
ISBN
052178302X, 9780521783026
Language
english
Format
PDF
Filesize
21 MB (21964227 bytes)
Edition
1
Pages
352\354
Time added
2016-10-31 23:00:43
Development & Growth;Economics;Business & Money;ReUsed & Rental Textbooks;Specialty Boutique;PoliticUsed & Rental Textbooks;Specialty Boutique;Real Es

Description

Rent-seeking is about buying influence, which can range from lobbying to corruption. 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 if it is to explain the anomalous role played by rent-seeking in Asian countries.

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