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State Capture and Rent-Seeking in Benin - The Institutional Diagnostic Project
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State Capture and Rent-Seeking in Benin - The Institutional Diagnostic Project
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Benin is a small slow-growing economy whose development relies on
three sources of rent, controlled by self-centered elites.
Patrimonialism governs the Beninese society as a forceful struggle
for political power takes place between the oligarchs who control
these sources and use them as formidable levers of power. Benin and
State Capture in a Rent-Based Society argues that this struggle
causes the instability and unpredictability of economic policies,
resulting in a series of institutional problems that make economic
diversification and growth difficult. Based on a thorough account
of the economic, social and political development of Benin, this
institutional diagnostic provides a detailed analysis of its
critical institution- and development-sensitive areas such as
electoral campaign finance and state capture by business and
elites, management issues of a dominant sector, the tax effort, the
critical role of informal trading between Benin and Nigeria, and
the political economy of land reform. This title is also available
as Open Access.
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