| Description |
1 online resource (xxvi, 237 pages) : illustrations |
| Series |
Routledge studies in development economics ; 150 |
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Routledge studies in development economics ; 150.
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| Contents |
Cover -- Half Title -- Series Page -- Title Page -- Copyright Page -- Dedication Page -- Contents -- List of figures -- List of tables -- About the author -- Foreword -- Preface -- Acknowledgments -- 1 Rent management as development -- 1.1 Economic development in transitional economies -- 1.2 The political economy of development -- 1.3 Research motivation and question -- 1.3.1 Research question -- 1.4 Methodological approach -- 1.4.1 Theoretical foundation: rent, rent seeking, and technological change -- 1.4.2 Analytical framework: developmental rent-management analysis |
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1.4.3 Qualitative research and analytical case studies -- 1.5 Data collection -- 1.6 Economic development in Vietnam, 1986-2018 -- 1.6.1 Postwar reconstruction -- 1.6.2 The economy: an overview -- 1.6.3 The state sector -- 1.7 Structure of the book -- 2 Rethinking rent seeking for development and technological change -- 2.1 An evolutionary process within a rent-seeking economy -- 2.1.1 Preliminary definitions -- 2.1.2 Chapter organization -- 2.2 Characteristics of technology adoption and growth in a development context -- 2.2.1 Classical and neoclassical positions on technology and growth |
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Critics of the neoclassical approach -- 2.2.2 Alternative view: technological capability and the appropriation of knowledge -- 2.3 Market failures associated with technical learning -- 2.3.1 Joseph Stiglitz: the creation of a learning economy -- 2.3.2 Hausmann, Rodrik, and Velasco: learning-by-discovery -- 2.3.3 Mushtaq Khan: building organizational capability and ensuring high-level learning efforts -- 2.3.4 Transformation of institutional and social relations -- 2.4 Rents and rent seeking in a development context -- 2.4.1 Theoretical approach to development: Ricardo, Marshall, and Schumpeter |
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2.4.2 Public choice and neoclassical approaches and the agenda to eliminate rents -- 2.4.3 The heterodox approach and the potential of value-creating rents -- 2.5 The role of a political state in rent management -- 2.5.1 Balanced versus unbalanced growth theory -- 2.5.2 North, Wallis, Webb, and Weingast: limited access order -- 2.5.3 Ha-Joon Chang: the autonomous developmental state -- 2.5.4 Mushtaq Khan: managing the political settlement and rent seeking -- 2.5.5 Informality in rent management -- 2.6 Toward an analytical framework for rent management |
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3 Developmental rent-management analysis: learning, upgrading, and innovation -- 3.1 Introduction -- 3.2 Conceptual approach of the developmental rent-management analysis -- 3.3 The DRMA four-step approach -- 3.3.1 Step 1: political context of rent creation and management -- 3.3.2 Step 2: institutional structure of rent allocation and implementation -- 3.3.3 Step 3: market and industry structure -- 3.3.4 Typology of rents -- Learning rents -- Schumpeterian rents -- Monopoly rents -- Redistributive rents -- 3.3.5 International institutions and agreements -- 3.3.6 Step 4: rent outcomes |
| Summary |
"Rent seeking continues to be a topic of much discussion and debate within 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 re-examine 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"-- Provided by publisher |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Christine Ngoc Ngo is an Assistant Professor of Economics at Bucknell University. She received a PhD in Economics from the School of Oriental and African Studies (SOAS), University of London, and a Juris Doctor from the University of California, Hastings College of the Law |
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Description based on online resource; title from digital title page (viewed on June 02, 2020) |
| Subject |
Industrialization -- Vietnam
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Economic development -- Vietnam
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Rent (Economic theory)
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economic rent.
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BUSINESS & ECONOMICS / Development / Economic Development
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BUSINESS & ECONOMICS / Economics / General
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Economic development
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Industrialization
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Rent (Economic theory)
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Vietnam
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| Form |
Electronic book
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| LC no. |
2019056074 |
| ISBN |
9781315657493 |
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131565749X |
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9781317328216 |
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1317328213 |
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9781317328209 |
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1317328205 |
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9781317328223 |
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1317328221 |
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