Description

Crony capitalism systems—in which those close to political policymakers receive favors allowing them to earn returns far above market value—are a fundamental feature of the economies of Latin America. Haber and his expert contributors draw from case studies in Mexico, Brazil, and other countries around the world to examine the causes and consequences of cronyism.

Crony Capitalism and Economic Growth in Latin America: Theory and Evidence

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Paperback / softback by Stephen Haber

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Crony capitalism systems—in which those close to political policymakers receive favors allowing them to earn returns far above market value—are... Read more

    Publisher: Hoover Institution Press,U.S.
    Publication Date: 30/03/2002
    ISBN13: 9780817999629, 978-0817999629
    ISBN10: 0817999620

    Number of Pages: 158

    Description

    Crony capitalism systems—in which those close to political policymakers receive favors allowing them to earn returns far above market value—are a fundamental feature of the economies of Latin America. Haber and his expert contributors draw from case studies in Mexico, Brazil, and other countries around the world to examine the causes and consequences of cronyism.

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