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Hardcover Timber Booms and Institutional Breakdown in Southeast Asia Book

ISBN: 0521791677

ISBN13: 9780521791670

Timber Booms and Institutional Breakdown in Southeast Asia

(Part of the Political Economy of Institutions and Decisions Series)

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Format: Hardcover

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Book Overview

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...

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