Timber booms and institutional breakdown in southeast Asia /
General Material Designation
[Book]
First Statement of Responsibility
Michael L. Ross.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
New York :
Name of Publisher, Distributor, etc.
Cambridge University Press,
Date of Publication, Distribution, etc.
2001.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
1 online resource (xvi, 237 pages) :
Other Physical Details
illustrations, map
SERIES
Series Title
Political economy of institutions and decisions
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references (pages 209-228).
CONTENTS NOTE
Text of Note
1. Introduction: Three Puzzles -- 2. The Problem of Resource Booms -- 3. Explaining Institutional Breakdown -- 4. The Philippines: The Legal Slaughter of the Forests -- 5. Sabah, Malaysia: A New State of Affairs -- 6. Sarawak, Malaysia: An Almost Uncontrollable Instinct -- 7. Indonesia: Putting the Forests to "Better Use" -- 8. Conclusion: Rent Seeking and Rent Seizing.
0
SUMMARY OR ABSTRACT
Text of Note
Scholars have long studied how institutions emerge and become stable. But why do institutions sometimes break down? In this book, Michael L. Ross explores the breakdown of the institutions that govern natural resource exports in developing states. 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. Using case studies of timber booms in Indonesia, Malaysia and the Philippines, he shows how windfalls tend to trigger rent-seizing activities that may have disastrous consequences for state institutions, and for the government of natural resources. More generally, he shows how institutions can collapse when they have become endogenous to any rent-seeking process.
OTHER EDITION IN ANOTHER MEDIUM
Title
Timber booms and institutional breakdown in southeast Asia.