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Rents, Rent-Seeking and Economic Development: Theory and Evidence in Asia by Mushtaq H. Khan 9780521788663

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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.

A critique of economic conventional wisdom about rent-seeking, corruption and the development process.

Book Information
ISBN 9780521788663
Author Mushtaq H. Khan
Format Paperback
Page Count 356
Imprint Cambridge University Press
Publisher Cambridge University Press
Weight(grams) 510g
Dimensions(mm) 229mm * 154mm * 24mm

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