1st Edition

Rent Seeking and Development
The Political Economy of Industrialization in Vietnam.

ISBN 9781138100763
Published April 14, 2020 by Routledge
264 Pages

USD $150.00

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Book Description

Rent seeking continues to be a topic of much discussion and debate within the 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 reexamine 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.

Table of Contents

I: Rent Management as Development  II: Rethinking Rent Seeking for Development and Technological Change III: Developmental Rent-Management Analysis: Learning, Upgrading, and Innovation  IV: The Telecommunications Industry: A Leap of the Giants  V: The Textile and Garment Industry in the Value Chain and Industrial Transformation VI: The Motorcycle Industry: The Triangular Rent-Seeking Relationship amongst Vietnam, Japan, and China  VII: Industrial Transformation and Rent Seeking: Lessons for Development

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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.