Rent-Seeking, Institutions and Reforms in Africa

Rent-Seeking, Institutions and Reforms in Africa
Author :
Publisher : Springer Science & Business Media
Total Pages : 692
Release :
ISBN-10 : 9780387337739
ISBN-13 : 0387337733
Rating : 4/5 (39 Downloads)

Book Synopsis Rent-Seeking, Institutions and Reforms in Africa by : Pius Fischer

Download or read book Rent-Seeking, Institutions and Reforms in Africa written by Pius Fischer and published by Springer Science & Business Media. This book was released on 2007-12-03 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume identifies rent-seeking behavior as a primary cause of poor economic performance in many places, particulary Africa. The book presents a detailed empirical study of rent-seeking within the civil service, parastatal sector, and business community in Tanzania. It quantifies and evaluates the rent-seeking behavior of more than 300 parastatal companies and the resulting impact on society. The conclusions on reform strategies are applicable to counties within and outside Africa.


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The quest for benefit from existing wealth or by seeking privileged benefit through influence over policy is known as rent seeking. Much rent seeking activity i