Download or read book Rent Seeking and Interest Group Contestation written by Thomas Jandl and published by . This book was released on 2011 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation investigates the questions (a) how an authoritarian regime like Vietnam could demonstrate to the global markets a credible commitment to limited rent seeking, and (b) why economic and coercive (political) elites do not collude with each other at the expense of non-elite groups. These questions are crucial in explaining (i) how Vietnam became an investment magnet with one of the world's highest capital inflows when measured by size of the economy, and (ii) why the often hypothesized convergence toward the lowest common denominator in terms of labor protection and wage levels did not take place. In response to these questions, this dissertation proposes a harmony-of-interest theory, in which each major societal interest group is better off in the new arrangement that followed from Vietnam's 1986 market-opening reforms than from an alternative approach. Taking a political-economy, rational-choice, game-theoretical approach, the dissertation shows the inter-relation between (1) central government, provincial governments both in (2) jurisdictions that benefit from reform and (3) those that are (relative) reform losers, (4) investors and (5) workers. It concludes that a harmony of interest among these societal interest groups arises when all factors---goods, capital and labor---are mobile and as a result can bargain with each other in an expanding economy where all factors are scarce. This harmony-of-interest theory represents a model by which one can explain successful elite self-restraint and the associated social and economic changes. For this self-restraint to function, it does not require democracy, constitutional checks and balances or enlightened rulers. Instead, it functions based on the harmony of interest among interest groups that comes with contestation for benefits that no group can command by coercive power, but instead must attract by exhibiting a credible commitment to mutual benefit and limited rent seeking among all actors.
Download or read book Toward a Theory of the Rent seeking Society written by James M. Buchanan and published by College Station : Texas A & M University. This book was released on 1980 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 Adaptive Efficiency During the Great Recession written by Robert Fritzsch and published by Springer. This book was released on 2019-07-30 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robert Fritzsch provides an institutional economic analysis of the Great Recession. The author shows that institutions matter as determinants of crisis resilience - however in a different way than predicted by the prominent theories of Olson (1982) and North, Wallis, Weingast (2009), as the crisis was most severe in developed countries with democratic political institutions, rule of law and restrained regulations. The empirical results support theoretical predictions only within the sub-group of developed countries, where rule of law and restrained regulations show a positive association with crisis resilience.
Download or read book Political Dynamics of Grassroots Democracy in Vietnam written by Hai Hong Nguyen and published by Springer. This book was released on 2017-07-20 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Political Dynamics of Grassroots Democracy in Vietnam, Hai Hong Nguyen investigates the correlation between independent variables and grassroots democracy to demonstrate that grassroots democracy has created a mutually empowering mechanism for both the party-state and the peasantry.
Download or read book Vietnam in the Global Economy written by Thomas Jandl and published by Lexington Books. This book was released on 2013-10-24 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is, in essence, about incentives: the incentives for competing societal interest groups to cooperate with each other to benefit from a growing economic pie, rather than fighting over a bigger share of a smaller one. This is the conundrum of economic development. If elite interest groups have both incentive and ability to allocate resources toward themselves, and if such rent seeking causes a decline in economic inefficiency, how can economies ever grow? The book illuminates the mechanisms by which in one of the world’s recent economic success stories— Vietnam’s rapid industrialization and passage into the middle-income category—the interest in cooperating to grow the economy overrode the elites’ instinct to allocate resources through the use of political power. The book shows how the need to provide positive conditions for international investment altered pay-off structures and pushed the all-powerful Communist Party of Vietnam to engage in bargaining with provincial officials; provincial officials with international investors; and finally all coercive elites even with the working classes. It describes the emergence of a harmony of interest among societal groups in which each group benefits from a growing economy, and no one group can monopolize the benefits of growth without hurting itself. The Vietnam case validates Nobel-Prize winning economist Mancur Olson’s proposition that elite predation can only be kept in check when the elite itself suffers from the economic decline it causes at least as much as it gains from the rents it collects.
Download or read book Rent Seeking and Development written by Christine Ngoc Ngo and published by Routledge. This book was released on 2020-03-25 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Political Economy of Predation written by Mehrdad Vahabi and published by Cambridge University Press. This book was released on 2016 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses conflict theory through one type of conflict in particular: manhunting, or predation.
Download or read book New Perspectives on Structural Change written by Ludovico Alcorta and published by Oxford University Press. This book was released on 2021-03-23 with total page 688 pages. Available in PDF, EPUB and Kindle. Book excerpt: New Perspectives on Structural Change is a comprehensive edited volume that outlines both the historical roots and state-of-the-art debates on the role of structural change in the process of economic development, including both orthodox and heterodox perspectives and contributions from prominent scholars in this field. The volume consists of four main sections. The first section covers the theoretical foundations of the structural change literature. The second section presents an empirical overview of the major trends of structural change, using up-to-date data sources and methods. The third section presents a broad ranging empirical analysis of the drivers of structural change. The fourth section examines how processes such as inclusive growth, poverty reduction, productive employment, the global income distribution, and environmental sustainability are affected by structural change, and how they can be influenced by policy.
Download or read book Public Reason and Courts written by Silje A. Langvatn and published by Cambridge University Press. This book was released on 2020-06-04 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public Reason and Courts is an interdisciplinary study of public reason and courts with contributions from leading scholars in legal theory, political philosophy and political science. The book's chapters demonstrate the breadth of ways in which public reason and public justification is currently seen as relevant for adjudicative reasoning and review practices, and includes critical assessments of different ways that the idea of public reason has been applied to courts. It shows that public reason is not just an abstract theoretical concept used by political philosophers, but an idea that spurs new perspectives and normative frameworks also for legal scholars and judges. In particular, the book demonstrates the potential, and the limitations, of the idea of public reason as a source of legitimacy for courts, in a context where many courts face political backlashes and crisis of trust.
Download or read book Rethinking Public Choice written by Wagner, Richard E. and published by Edward Elgar Publishing. This book was released on 2022-09-06 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovative in its approach, Rethinking Public Choice reviews the concept of public choice since the 1950s post-war period and the application of economics to political practices and institutions, as well as its evolution in recent years attracting contributions from political science and philosophy.
Download or read book International Drivers of Corruption A Tool for Analysis written by OECD and published by OECD Publishing. This book was released on 2012-02-23 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report introduces an analytical tool to help readers understand how international drivers of corruption affect governance and corruption at the country level. It provides a means for identifying these drivers and suggests opportunities for international actors to to improve governance.
Download or read book International Handbook of Development Economics written by Amitava Krishna Dutt and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 1179 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays are concise, yet comprehensive, and each essay contains a substantial set of references, which an interested researcher or student could follow up. . . In addition to representing multidisciplinary interactions, this collection encompasses several different perspectives within development economics, so the reader can learn, for example, both about neoclassical approaches and dependency theories in the same volume. This makes the collection unique and all the more valuable. . . This is a very good reference collection, as the individual essays are informative and provide a good overall perspective on the topic that they set out to address. The extensive bibliography at the end of each essay adds further value to this collection. Ashwini Deshpande, Economic and Political Weekly These new volumes impress along two dimensions. First, they highlight important connections between economic development and variables such as culture, warfare, and ethnicity, which are sometimes ignored by mainstream economists. Second, they analyze the economic development experience of different regions such as Africa, Latin America, and East Asia. . . a valuable reference for scholars and practitioners in the field. Highly recommended. H.A. Faruq, Choice This two-volume original reference work provides a comprehensive overview of development economics and comprises contributions by some of the leading scholars working in the field. Authors are drawn from around the world and write on a wide range of topics. After providing an introduction to the subject (by examining issues like the meaning and measurement of development, historical and interdisciplinary approaches, empirical regularities and data problems), the contributors provide a wealth of perspectives on, and analyses of, development economics. They discuss alternative approaches to development, the macroeconomics of growth, factors and sources of economic development (such as capital, labor, entrepreneurship, resources and technology), major sectors of concern (such as agriculture, industry, services and the informal sector) and international issues (such as trade, capital and labor flows and technology transfers). Income distribution and poverty, the state and other institutions, and actual development experiences are explored. The contributors provide analytical contributions, as well as the relation between these contributions and real world and policy issues from a variety of alternative perspectives. Scholars, students, policymakers and other development practitioners will all find this comprehensive reference invaluable.
Download or read book TTIP written by Ferdi De Ville and published by John Wiley & Sons. This book was released on 2015-11-20 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Transatlantic Trade and Investment Partnership (TTIP) has stirred passions like no other trade negotiation in recent history. Its supporters maintain that TTIP will produce spectacular growth and job creation; claims that are wholeheartedly rejected by its critics, who regard TTIP as a direct assault on workers' rights, health and safety standards and public services. In this incisive analysis, Gabriel Siles-Brugge and Ferdi de Ville scrutinize the claims made by TTIP's cheerleaders and scaremongers to reveal a far more nuanced picture behind the headlines. TTIP will not provide an economic 'cure-all', nor will it destroy the European welfare state in one fell swoop. Thanks to unprecedented levels of protest and debate around TTIP, however, neoliberal trade negotiations are well and truly back in the spotlight. In this respect, TTIP could well prove to be a 'game-changer' - just not in the way imagined by its backers.
Download or read book Proportionality and Transformation written by Francisca Pou-Giménez and published by Cambridge University Press. This book was released on 2022-11-03 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book on the theory and practice of proportionality in Latin American constitutional law.
Download or read book Democratic Contestation on the Margins written by Claire Metelits and published by Lexington Books. This book was released on 2015-04-21 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume focuses on the democratic performance of regimes in some of the least populous countries on the African continent. Using a framework developed by Steven Levitsky and Lucan Way, each case study provides in-depth analysis of democratic contestation in the following arenas: electoral, judiciary, legislature, media, and civil society. This volume also examines the key factors that push these regimes in either democratic or authoritarian directions, and how these regimes are likely to evolve in the future.
Download or read book A Critique of Proportionality and Balancing written by Francisco J. Urbina and published by Cambridge University Press. This book was released on 2017 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a comprehensive critique of the principle of proportionality and balancing as applied to human and constitutional rights.
