Most countries protect their industry (and agriculture), while making sure that the protection does not convert to rent seeking
through monopolies and cartelization.
Again drawing on his experiences "in the belly of the beast," Bob naturally turned his attention to Gordon Tullock's insights on rent seeking
and to existing public-choice theories of bureaucracy, embellished by overt political influences on the FTC and the U.
Well in our country even this level of rising inequality may bring any number of problems with rent seeking
behaviour in particular being highlighted.
In contrast, the large literature on rent seeking
beginning with the seminal paper by Tullock (1967), and continuing with the contributions of Krueger (1974) and Posner (1975), explains how interest groups will expend resources to capture the economic rents created by government policies.
Ibrahim Qureshi said that the existing tax structure discourages investment and encourages rent seeking
Under this framework he analyses state-business relations and rent seeking
, extra-parliamentary rulemaking, and the problems of land acquisition, providing a deeper view of the political environment in which private investors operate in Indonesia.
According to Minister Mekuria Haile the deal would be helpful in using public and government land suitably and addressing rent seeking
problem in the sector.
For rent seeking
in either of those two senses would be entirely justified under the libertarian code.
The first part of the book contains two chapters on the nature of rent seeking
and rent seeking
as political economy.
have discretionary powers and by virtue of such discretionary powers, an economy has huge potential for rent seeking
Ibrahim Mu'Azu, director of Corporate Communications at the central bank, said, 'The apex bank noted that the wide gap between the official and interbank value of the naira had engendered undesirable practices, including round tripping, speculative demand, rent seeking
, spurious demand and inefficient use of scarce foreign exchange resources by economic agents.
This pastime is not baseball but rent seeking
-- the unseemly yet uninhibited scramble of private interests to bend government power for their benefit.