Timber Booms and Institutional Breakdown in Southeast Asia

Timber Booms and Institutional Breakdown in Southeast Asia

by Michael L. Ross

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Overview

Timber Booms and Institutional Breakdown in Southeast Asia by Michael L. Ross

In this book, Michael L. Ross explores the breakdown of the institutions that govern natural resource exports in developing states. Using case studies of timber booms in Indonesia, Malaysia, and the Philippines, he shows that these institutions often break down when states receive positive trade shocks—unanticipated windfalls. Drawing on the theory of rent-seeking, he suggests that these institutions succumb to a problem he calls "rent-seizing"—the predatory behavior of politicians who seek to supply rent to others, and who purposefully dismantle institutions that restrain them.

Product Details

ISBN-13: 9781107404816
Publisher: Cambridge University Press
Publication date: 07/19/2012
Series: Political Economy of Institutions and Decisions Series
Edition description: Reprint
Pages: 254
Product dimensions: 6.00(w) x 9.00(h) x 0.70(d)

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