Download or read book Rent seeking And Economic Growth In Africa written by Mark Gallagher and published by Westview Press. This book was released on 1991-05-28 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Rents Rent Seeking and Economic Development written by Mushtaq Husain Khan and published by Cambridge University Press. This book was released on 2000-09-07 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Rent Seeking Institutions and Reforms in Africa written by Pius Fischer and published by Springer. This book was released on 2010-10-29 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book State and Economic Development in Africa written by Aaron Tesfaye and published by Springer. This book was released on 2017-07-20 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book critically assesses the impact of Ethiopia’s policy of Agriculture Development Led Industrialization. Employing qualitative and quantitative analysis, it presents empirical evidence suggesting persistent economic growth. The research highlights improvements in infrastructure, health care, education, poverty alleviation as well reductions in infant mortality rate. The impact of this economic growth has however had led to only slight improvements in the plight of the poor. The author argues that, while significant steps have been achieved with measurable economic gains, there are still undeniable obstacles within the federal system: prevailing patron-client relationships, constraints on state capacity to efficiently and effectively implement policy, and bureaucratic rent-seeking in the provision of public goods. The author concludes that these problems will have to be resolved before Ethiopia’s political economy can achieve the stage of sustainable development
Download or read book The Rent Curse written by Richard M. Auty and published by Oxford University Press, USA. This book was released on 2019 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Foreign Aid Rent seeking and Economic Growth in Sub Saharan Africa written by Takele Tassew Mojire and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Three studies on foreign aid, rent-seeking, and economic growth in sub-Saharan Africa are presented. The first study examines the possible simultaneity that may exist between a donor's provision of aid and the rentseeking (corruption) activities in the recipient country. Does the amount of aid depend on the lack of corruption in a country? Simultaneously, does the level of corruption depend on the amount of aid and the type of donor? The main goals of this paper are to examine whether such simultaneity exists and whether the impact of aid depends on the type of the donor, either multilateral or bilateral. The second study extends the first model by incorporating an additional equation for GDP per capita. It examines whether simultaneity exists between the three variables: foreign aid, corruption, and GDP per capita and whether the relationship depends upon the source of the foreign aid. Adding GDP per capita as an endogenous variable will provide another key to understanding the lack of long-term effectiveness for foreign aid in sub-Saharan Africa. The third and final study uses a fixed effects model to examine the relationship between foreign aid and the level of corruption in sub-Saharan Africa. Accounting for fixed effects allows me to examine whether unobserved characteristics of recipient countries play a role in explaining the impact of aid on corruption.
Download or read book The Political Dimension of Economic Growth written by Silvio Borner and published by Springer. This book was released on 1998-04-12 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The state and its institutions are crucial for economic development: for better and for worse. This insight informs this important, up-to-date and authoritative survey of new trends in growth economics and the widely divergent economic performance of developing countries - for example, between Latin America and South-east Asia - which seemed to be similarly placed just a generation ago. The decisive role of the political dimension in economic growth seems clear but there are many challenges to be met in getting an analytical handle on the precise determinants and in testing empirically for this. This is the challenge taken up by the international team of contributors.
Download or read book African Economic Development written by Emmanuel Nnadozie and published by Elsevier. This book was released on 2003 with total page 720 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publisher Description
Download or read book The Practice of Industrial Policy written by John Page and published by Oxford University Press. This book was released on 2017 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines how African policy makers might develop better coordination between the public and private sectors to identify the constraints to faster structural transformation, and to design, implement, and monitor policies to remove them.
Download or read book Institutions and Collective Choice in Developing Countries written by Mwangi S. Kimenyi and published by Routledge. This book was released on 2019-05-23 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1999, this volume is written by seasoned public choice scholars and is intended to make a significant contribution to the debate on peaceful coexistence and sustainable development in developing countries. The book contains a rich mixture of analytical ideas and views on collective choice and macroeconomic performance in developing countries. This book breaks new ground in that it is the first comprehensive application of the theory of public choice to collective decision making in developing societies. It provides both students of Third World studies and policy makers in developing societies an in-depth analysis for institutions for collective choice. For countries undergoing major reform of their political and economic institutions, public choice theory can provide significant and useful insights, and help these societies design and adopt institutional arrangements that enhance peaceful coexistence of groups, the creation of wealth and sustainable development. Specifically, the book successfully shows that: (1) the application of economic theory to the study of public policy in the developing countries can provide important insights into collective decision-making; (2) the application of public choice theory to the study of developing societies can significantly improve the efficiency of bureaucratic and governmental systems, and consequently, promote economic, political and social development; and (3) public choice can help developing societies design and sustain effective laws and institutions for peaceful coexistence of groups and achieve sustainable development.
Download or read book Institutions and Development in Africa written by John Mukum Mbaku and published by Africa World Press. This book was released on 2004 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: A significant contribution to the debate on poverty alleviation in Africa, Professor Mbaku offers practical policies for economic growth. He argues that the most important contributor to poverty and deprivation in Africa is the absense of institutional structures that enhance indigenous entrepreneurship and wealth creation. He explains that these are so vital that living standards will continue to deteriorate unless these building blocks are put in place.
Download or read book Good Growth and Governance in Africa written by Akbar Noman and published by Blackstone Press. This book was released on 2012 with total page 611 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume reflects the highlights of their deliberations.
Download or read book The Political Economy of Africa written by Vishnu Padayachee and published by Routledge. This book was released on 2010-06-10 with total page 593 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Political Economy of Africa addresses the real possibilities for African development in the coming decades when seen in the light of the continent’s economic performance over the last half-century. This involves an effort to emancipate our thinking from the grip of western economic models that have often ignored Africa’s diversity in their rush to peddle simple nostrums of dubious merit. The book addresses the seemingly intractable economic problems of the African continent, and traces their origins. It also brings out the instances of successful economic change, and the possibilities for economic revival and renewal. As well as surveying the variety of contemporary situations, the text will provide readers with a firm grasp of the historical background to the topic. It explores issues such as: employment and poverty social policy and security structural adjustment programs and neo-liberal globalization majority rule and democratization taxation and resource mobilization. It contains a selection of country specific case studies from a range of international contributors, many of whom have lived and worked in Africa. The book will be of particular interest to higher level students in political economy, development studies, area studies (Africa) and economics in general.
Download or read book The Challenges of Economic and Institutional Reforms in Africa written by George Saitoti and published by Ashgate Publishing. This book was released on 2002 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an analysis of strategies for poverty alleviation, sustainable development and peaceful coexistence. Emphasizes the importance of institutions, as well as sound public policies to sustainable economic growth in Africa. Highlights the significance of institutional reforms as part of an effective poverty alleviation programme and identifies key challenges facing Africa such as HIV/AIDS and iproving competitiveness.
Download or read book Natural Resources Governance and Economic Growth in Africa written by Pog-yŏng Pak and published by KIEP. This book was released on 2005 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book FOREIGN AID RENT SEEKING AND ECONOMIC GROWTH IN SUB SAHARAN AFRICA written by and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Three studies on foreign aid, rent-seeking, and economic growth in sub-Saharan Africa are presented. The first study examines the possible simultaneity that may exist between a donors provision of aid and the rentseeking (corruption) activities in the recipient country. Does the amount of aid depend on the lack of corruption in a country? Simultaneously, does the level of corruption depend on the amount of aid and the type of donor? The main goals of this paper are to examine whether such simultaneity exists and whether the impact of aid depends on the type of the donor, either multilateral or bilateral. The second study extends the first model by incorporating an additional equation for GDP per capita. It examines whether simultaneity exists between the three variables: foreign aid, corruption, and GDP per capita and whether the relationship depends upon the source of the foreign aid. Adding GDP per capita as an endogenous variable will provide another key to understanding the lack of long-term effectiveness for foreign aid in sub-Saharan Africa. The third and final study uses a fixed effects model to examine the relationship between foreign aid and the level of corruption in sub-Saharan Africa. Accounting for fixed effects allows me to examine whether unobserved characteristics of recipient countries play a role in explaining the impact of aid on corruption.
Download or read book High level Rent Seeking and Corruption in African Regimes written by Jacqueline G. Coolidge and published by . This book was released on 1997 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
