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Rentier Capitalism - Disorganised Development and Social Injustice in Pakistan (Hardcover, 1st ed. 2016)
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Rentier Capitalism - Disorganised Development and Social Injustice in Pakistan (Hardcover, 1st ed. 2016)
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Since the early 1950s East Asia (China, Taiwan and South Korea) and
South-East Asia (Indonesia, Malaysia, Thailand and Vietnam) have,
despite war and other challenges, managed to transform the lives of
their people, whereas South Asia (India, Pakistan, Bangladesh and
Sri Lanka) has lagged behind. The success of East and South-East
Asia has not been accidental - it has been driven by action to
reduce rural poverty, by the provision of decent education and
health services to the people, and by high quality physical and
institutional infrastructure, such as roads, ports and railways,
and targeted support from the State to develop particular
industries. In contrast, Pakistan has never confronted the problem
of rural poverty, nor invested in public services. This failure is
a reflection of the power of the landed class and its urban allies.
This has now taken the form of widespread rent-seeking in the
economy with the country's ruling elite sharing out the spoils
amongst themselves rather than taking measures to grow the size of
the economy so that all might share in the resulting prosperity.
Rentier Capitalism sheds light on the reasons behind Pakistan's
failure to bring prosperity to its people when compared to other
East Asian and South-East Asian countries.
General
Imprint: |
Palgrave Macmillan
|
Country of origin: |
United Kingdom |
Release date: |
March 2016 |
First published: |
2016 |
Authors: |
S. Ahmed
|
Dimensions: |
216 x 140 x 22mm (L x W x T) |
Format: |
Hardcover
|
Pages: |
230 |
Edition: |
1st ed. 2016 |
ISBN-13: |
978-1-137-55446-8 |
Categories: |
Books >
Business & Economics >
Economics >
Development economics
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LSN: |
1-137-55446-0 |
Barcode: |
9781137554468 |
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