Timber Booms and Institutional Breakdown in Southeast Asia (Political Economy of Institutions and Decisions) Book + PRICE WATCH * Amazon pricing is not included in price watch

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

In this book, Michael L. Ross explores the breakdown of the institutions that govern natural resource exports in developing states. Using case studies of timber booms in Indonesia, Malaysia, and the Philippines, 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.Read More

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  • 0521791677
  • 9780521791670
  • Michael L. Ross
  • 8 January 2001
  • Cambridge University Press
  • Hardcover (Book)
  • 249
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