
Rents, Rent-Seeking and Economic Development
Theory and Evidence in Asia
- English
- PDF
- Available on iOS & Android
Rents, Rent-Seeking and Economic Development
Theory and Evidence in Asia
About this book
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.
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Information
Table of contents
- Cover
- Frontmatter
- Contents
- List of Figures
- List of Tables
- List of Contributors
- Acknowledgements
- List of Abbreviations
- Introduction
- Rents, Efficiency and Growth
- Rent-seeking as Process
- Rent-seeking and Economic Development in Thailand
- Thailand's Old Bureaucratic Polity and Its New Semi-democracy
- Obstructive Corruption: The Politics of Privilege in the Philippines
- Funny Money: Fiscal Policy, Rent-seeking and Economic Performance in Indonesia
- The Malaysian Development Dilemma
- Financial Sector Rents in Malaysia
- Index