State capture in a rent-based society : an institutional diagnostic of Benin /
State capture in a rent-based society : an institutional diagnostic of Benin /
edited by François Bourguignon [and three others]
- New York : Cambridge University Press, 2023
- online resource
Part I An Overview of Economic and Institutional Constraints on Benin’s Development -- Part IIA Deeper Investigation of Some Key Sectors and Institutions Introduction to the Thematic Studies François Bourguignon -- Part III Synthesis
Available to OhioLINK libraries
Benin is a small, slow-growing economy whose development relies on two sources of rent that are controlled by self-centred elites: cotton export and illegal cross-border trade with Nigeria. Patrimonialism governs Beninese society as a forceful struggle for political power takes place between the oligarchs who control these sources and use them as formidable levers of power. State Capture and Rent-Seeking in Benin argues that this struggle causes the instability and unpredictability of economic policies, resulting in institutional problems that make economic diversification and growth difficult. Based on a thorough account of the economic, social, and political development of Benin, this institutional diagnostic provides a detailed analysis of its critical institution- and development-sensitive areas such as electoral campaign finance, state capture by business and elites, management of the cotton sector, the tax effort, the informal trading between Benin and Nigeria, and the political economy of land reform
9781009278522
ECONOMIC DEVELOPMENT--BENIN
INSTITUTIONAL ECONOMICS--BENIN
HC 1010 / S72 2023
Part I An Overview of Economic and Institutional Constraints on Benin’s Development -- Part IIA Deeper Investigation of Some Key Sectors and Institutions Introduction to the Thematic Studies François Bourguignon -- Part III Synthesis
Available to OhioLINK libraries
Benin is a small, slow-growing economy whose development relies on two sources of rent that are controlled by self-centred elites: cotton export and illegal cross-border trade with Nigeria. Patrimonialism governs Beninese society as a forceful struggle for political power takes place between the oligarchs who control these sources and use them as formidable levers of power. State Capture and Rent-Seeking in Benin argues that this struggle causes the instability and unpredictability of economic policies, resulting in institutional problems that make economic diversification and growth difficult. Based on a thorough account of the economic, social, and political development of Benin, this institutional diagnostic provides a detailed analysis of its critical institution- and development-sensitive areas such as electoral campaign finance, state capture by business and elites, management of the cotton sector, the tax effort, the informal trading between Benin and Nigeria, and the political economy of land reform
9781009278522
ECONOMIC DEVELOPMENT--BENIN
INSTITUTIONAL ECONOMICS--BENIN
HC 1010 / S72 2023