Rents, Rent-Seeking and Economic Development
Subtitle: Theory and Evidence in Asia
Contributors: Mushtaq H. Khan (Editor); Kwame Sundaram Jomo (Editor)
Publisher: Cambridge University Press
Published: December 26, 2000
Language: eng
Format: Hardcover
Number of pages: 338
ISBN-13: 9780521783026
Subjects: Labour economics; Political Science; General; Development - Economic Development; Business / Economics / Finance; Rent (Economic theory); Politics/International Relations; Indian sub-continent; Indonesia; Malaysia; Philippines; South Korea; Thailand; Real Estate - General; Political Science / General; Asia, Southeastern; Economic conditions; Economic development
First sentence: For the economist, rents refer to 'excess incomes' which, in simplistic models, should not exist in efficient markets.