Books Business, Finance Law

Timber Booms and Institutional Breakdown in Southeast Asia (Political Economy of Institutions and Decisions).

Rating: 4/5 4207 | Register or sign-in to rate and get recommendations

 

Pages: 256

Language: English

Book format: An electronic version of a printed book that can be read on a computer or handheld device designed specifically for this purpose.

Publisher: Cambridge University Press: Reprint edition (19 July 2012)

By: Michael L. Ross (Author)

Scholars have long studied how institutions emerge and become stable. But why do institutions sometimes break down? In this book, Michael L. Ross explores the breakdown of the institutions that govern natural resource exports in developing states. He shows that these institutions often break down when states receive positive trade shocks - unanticipated windfalls. Drawing on the theory of rent-seeking, he suggests that these institutions succumb to a problem he calls 'rent-seizing' - the predatory behavior of politicians who seek to supply rent to others, and who purposefully dismantle institutions that restrain them. Using case studies of timber booms in Indonesia, Malaysia and the Philippines, he shows how windfalls tend to trigger rent-seizing activities that may have disastrous consequences for state institutions, and for the government of natural resources. More generally, he shows how institutions can collapse when they have become endogenous to any rent-seeking process.

Read online or download a free book: Timber Booms and Institutional Breakdown in Southeast Asia (Political Economy of Institutions and Decisions).pdf

Download book - Timber Booms and Institutional Breakdown in Southeast Asia (Political Economy of Institutions and Decisions).pdf

Related Files


  • Cakes and Ale (Volume 2)
  • The Coasts of War
  • Diseases of the Gastroesophageal Mucosa (Clinical Gastroenterology)
  • The A to Z of Modern Chinese Literature (The A to Z Guide Series)
  • Shamanism: An Introduction: A Concise Introduction
  • Audit Report on Hurricane-Related Contracting, Department of Education, Government of the Virgin Islands
  • Klimaänderungen im Einzugsgebiet der Wiener Hochquellenleitungen: Ein Blick in die Vergangenheit und in die Zukunft
  • Instructions for the Government of Armies of the United States, in the Field

  • Name:
    The message text: