The grabbing hand
Subtitle: government pathologies and their cures
By: Andrei Shleifer, Robert W. Vishny.
Contributors: Vishny, Robert W.
Publisher: Harvard University Press
Published: 1998
Place of publication: Cambridge, Mass
Language: eng
Number of pages: 278
Subjects: Government ownership.; Government business enterprises.; Privatization.; Trade regulation -- Political aspects.; Political corruption.
Description: In many countries, public sector institutions impose heavy burdens on economic life: heavy and arbitrary taxes retard investment, regulations enrich corrupt bureaucrats, state firms consume national wealth, and the most talented people turn to rent-seeking rather than productive activities. The authors of this collection of essays describe many of these pathologies of a grabbing hand government and examine their consequences for growth.
Notes: Includes bibliographical references (p. 263-274) and index.