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题名/责任者:

Economic growth, inequality and crony capitalism : the case of Brazil / Danilo Rocha Limoeiro.

出版发行项:

Abingdon, Oxon ; New York, NY : Routledge, Taylor & Francis Group, 2021.

ISBN:

9780367896515

ISBN:

0367896516

ISBN:

9780367517021

载体形态项:

xiv, 207 pages : illustrations (black and white) ; 25 cm.

其他载体形态:

Online version: Limoeiro, Danilo Rocha. Economic growth, inequality and crony capitalism Abingdon, Oxon ; New York, NY : Routledge, 2020. 9781003020332

丛编说明:

Routledge studies in the modern world economy

丛编统一题名:

Routledge studies in the modern world economy.

个人责任者:

Limoeiro, Danilo Rocha, 1982- author.

论题主题:

Industrial policy-Brazil.

论题主题:

Transaction costs.

论题主题:

Business and politics-Brazil.

论题主题:

Economic development-Moral and ethical aspects-Brazil.

论题主题:

Business and politics.

论题主题:

Economic development-Moral and ethical aspects.

论题主题:

Economic history.

论题主题:

Industrial policy.

论题主题:

Transaction costs.

地理名称主题:

Brazil-Economic conditions.

地理名称主题:

Brazil.

中图法分类号:

F177.7

书目附注:

Includes bibliographical references and index.

摘要附注:

"Researchers in international development have long argued that the high costs of doing business harms prosperity in developing countries, a claim that invites the question of why governments impose these costs and why societies fail to enact reforms reducing them. This book seeks to answer the question by looking at the case of Brazil, a large and highly unequal economy riddled with state-imposed transaction costs. By delving into the political dynamics underlying a costly business environment, this book provides the reader with novel insights into crony capitalism and inequality. It argues that the root cause of a costly business environment is the collusion between political actors, bureaucrats and business insiders. Politicians and bureaucrats relish their discretion over rules and policies as a power resource, since they can increase or decrease the costs of doing business faced by firms and sectors. Business insiders collude with government agents to access the loopholes that decrease the cost of doing business, thus gaining a competitive edge over outsiders. This gives the insiders weaker preferences for reforms that could decrease the overall cost of doing business. By pursuing their self-interest, these actors create a low-level equilibrium that perpetuates crony capitalism and inequality, to the detriment of overall prosperity. The book makes its case with a sophisticated combination of formal modelling, quantitative analyses and in-depth case studies of tax policy and of the pharmaceutical and agricultural sectors in Brazil. Observers have declared the need for reforms that improve the business environment in developing countries for a long time. However, the findings presented in this book suggests they might have underestimated the challenge ahead. Scholars and policy-makers in international development, business politics and political economy will be interested in the innovative perspective of this book"--

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