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This book is, in essence, about incentives: the incentives for competing societal interest groups to cooperate with each other to benefit from a growing economic pie, rather than fighting over a bigger share of a smaller one. This is the conundrum of economic development. If elite interest groups have both incentive and ability to allocate resources toward themselves, and if such rent seeking causes a decline in economic inefficiency, how can economies ever grow? The book illuminates the mechanisms by which in one of the world's recent economic success stories-- Vietnam's rapid...

This book is, in essence, about incentives: the incentives for competing societal interest groups to cooperate with each other to benefit from a growing economic pie, rather than fighting over a bigger share of a smaller one. This is the conundrum of economic development. If elite interest groups have both incentive and ability to allocate resources toward themselves, and if such rent seeking causes a decline in economic inefficiency, how can economies ever grow? The book illuminates the mechanisms by which in one of the world's recent economic success stories-- Vietnam's rapid...

In diesem Buch fangen Fallstudien mit Losungen die Facetten der Wirtschaft ein. Die Falle gehen auf die unterschiedlichsten Bereiche der Wirtschaft zuruck und beziehen sowohl betriebswirtschaftliche als auch volkswirtschaftliche Themen ein, wobei bei diesen nicht selten auch die Politik eine Rolle spielt. Alle Aspekte sind bei der Ausbildung von Okonomen gleichermaen von Bedeutung.