40 Years of Research on Rent Seeking 2

40 Years of Research on Rent Seeking 2
Author: Roger D. Congleton
Publisher: Springer Science & Business Media
Total Pages: 834
Release: 2008-08-01
Genre: Business & Economics
ISBN: 9783540791850

The last survey of the rent-seeking literature took place more than a decade ago. Since that time a great deal of new research has been published in a wide variety of journals, covering a wide variety of topics. The scope of that research is such that very few researchers will be familiar with more than a small part of contemporary research, and very few libraries will be able to provide access to the full breadth of that research. This two-volume collection provides an extensive overview of 40 years of rent-seeking research. The volumes include the foundational papers, many of which have not been in print for two decades. They include recent game-theoretic analyses of rent-seeking contests and also appUcations of the rent-seeking concepts and methodology to economic regulation, international trade policy, economic history, poUtical com petition, and other social phenomena. The new collection is more than twice as large as any previous collection and both updates and extends the earUer surveys. Volume I contains previously pubhshed research on the theory of rent-seeking contests, which is an important strand of contemporary game theory. Volume II contains previously published research that uses the theory of rent-seeking to an alyze a broad range of public policy and social science topics. The editors spent more than a year assembling possible papers and, although the selections fill two large volumes, many more papers could have been included.

Companion to the Political Economy of Rent Seeking

Companion to the Political Economy of Rent Seeking
Author: R. D. Congleton
Publisher: Edward Elgar Publishing
Total Pages: 553
Release: 2015-02-27
Genre: Business & Economics
ISBN: 1782544941

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

Globalization and Technology Absorption in Europe and Central Asia

Globalization and Technology Absorption in Europe and Central Asia
Author:
Publisher: World Bank Publications
Total Pages: 150
Release: 2008
Genre: Technology & Engineering
ISBN: 0821375849

Innovation and cross-border absorption of knowledge are central forces behind economic convergence and sustained growth. Absorption of technology is a necessary step to promote the development of human capital and the productive base, paving the way for innovations at the global knowledge frontier. Research and development, patents, trade, and foreign direct investment are major channels of technological absorption, allowing diffusion of new ideas and manufacturing best practices among countries and firms. These channels constitute the central focus of this study. This study uses patent databases, surveys of enterprises, and case studies to investigate how specific channels of absorption molds decision making about technology. Trade and FDI flows show considerable promise as catalysts for the region to upgrade its technology and near the global technology frontier. Econometric analysis using enterprise surveys from all Europe and Central Asia countries helps to understand the conditions and policies that induce firms to incorporate external knowledge and technology into their overall growth strategies.

State Capture and Rent-Seeking in Benin

State Capture and Rent-Seeking in Benin
Author: François Bourguignon
Publisher:
Total Pages: 450
Release: 2023-11-22
Genre: Business & Economics
ISBN: 1009278509

Benin is a small, slow-growing economy whose development relies on two sources of rent that are controlled by self-centred elites: cotton export and illegal cross-border trade with Nigeria. Patrimonialism governs Beninese society as a forceful struggle for political power takes place between the oligarchs who control these sources and use them as formidable levers of power. State Capture and Rent-Seeking in Benin argues that this struggle causes the instability and unpredictability of economic policies, resulting in institutional problems that make economic diversification and growth difficult. Based on a thorough account of the economic, social, and political development of Benin, this institutional diagnostic provides a detailed analysis of its critical institution- and development-sensitive areas such as electoral campaign finance, state capture by business and elites, management of the cotton sector, the tax effort, the informal trading between Benin and Nigeria, and the political economy of land reform.

Rent Seeking and Development

Rent Seeking and Development
Author: Christine Ngoc Ngo
Publisher: Routledge
Total Pages: 227
Release: 2020-03-25
Genre: Business & Economics
ISBN: 1317328213

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.

Building Businesses in Emerging and Developing Countries

Building Businesses in Emerging and Developing Countries
Author: Elie Virgile Chrysostome
Publisher: Routledge
Total Pages: 445
Release: 2014-04-16
Genre: Business & Economics
ISBN: 1136168842

This book focuses on the challenges and opportunities facing companies in emerging and developing countries. China and India have become the primary business destination for many global companies that are looking for market opportunities and low costs of production, whilst Morocco, Dubai, Brazil, Malaysia and Russia are also being targeted. This new edited volume helps develop a better understanding of the realities of doing business in emerging and developing countries, in particular exploring the dynamics between corporations – both indigenous and multinational – and local pressures in developing, transitional and emerging economies. The book points out the benefits and pitfalls of doing business in emerging and developing countries, as well as the adjustments that are necessary for success. It also discusses entrepreneurship in emerging and developing countries, exploring its new realities from women’s entrepreneurship in Muslim countries to social entrepreneurship in developing countries. The volume also points out the new challenges for SMEs of emerging and developing countries in a global competitive environment. Finally, it analyses corporate governance from a local partner perspective and an institutional perspective. Building Businesses in Emerging and Developing Countries will be of interest to business managers, students and researchers involved in international entrepreneurship and corporate governance.

Rents to Riches?

Rents to Riches?
Author: Naazneen Barma
Publisher: World Bank Publications
Total Pages: 303
Release: 2012
Genre: Business & Economics
ISBN: 0821384805

Rents to Riches> focuses on the political economy of the detailed decisions that governments make at each step of the natural resource management (NRM) value chain. Many resource-dependent developing countries pursue seemingly shortsighted and suboptimal policies when extracting, taxing, and investing resource rents. The book contextualizes these micro-level outcomes with an emphasis on two central political economy dimensions: the degree to which governments can make credible intertemporal commitments to both resource developers and citizens, and the degree to which governments and inclined to turn resource rents into public goods. Almost 1.5 billion people live in the more than 50 World Bank client countries classified as resource-dependent. A detailed understanding of the way political economy characteristics affect the NRM decisions made in these countries by governments, extractive developers, and society can improve the design of interventions to support welfare-enhancing policy making and governance in the natural resource sectors. Featuring case study work from Africa (Angola, the Democratic Republic of Congo, Ghana, Niger, Nigeria), East Asia and Pacific (the Lao People's Democratic Republic, Mongolia, Timor-Leste), and Latin America and the Caribbean (Bolivia, Chile, Ecuador, Mexico, Trinidad an dTobago_, the book provides guidance for government clients, domestic stakeholders, and development partners committed to transforming natural resource into sustainable development riches.

Rent-seeking And Economic Growth In Africa

Rent-seeking And Economic Growth In Africa
Author: Mark Gallagher
Publisher: Westview Press
Total Pages: 212
Release: 1991-05-28
Genre: Business & Economics
ISBN:

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.

National Wealth

National Wealth
Author: Kirk Hamilton
Publisher: Oxford University Press
Total Pages: 493
Release: 2017
Genre: Business & Economics
ISBN: 0198803729

To understand economics, it is crucial to define wealth, and understand how it is created, destroyed, stored and managed. This edited volume assembles high-quality contributions defining key concepts and addressing economic and policy issues around national wealth.

Rents, Rent-Seeking and Economic Development

Rents, Rent-Seeking and Economic Development
Author: Mushtaq Husain Khan
Publisher: Cambridge University Press
Total Pages: 358
Release: 2000-09-07
Genre: Business & Economics
ISBN: 9780521788663

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.