Functioning of market economy and rent-seeking: Why it is necessary to diminish the role of government in economic affairs?
At the beginning, the author points out that rent-seeking economy is a distinctive phenomenon for majority of the contemporary market economies. It is reflected in the aspirations of the well organised interest groups to capture public choice and politicians as a tool to gain non-market benefits for...
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Format: | Article |
Language: | English |
Published: |
Institute of International Politics and Economics, Belgrade
2004-01-01
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Series: | Međunarodni Problemi |
Online Access: | http://www.doiserbia.nb.rs/img/doi/0025-8555/2004/0025-85550403189J.pdf |