Journal Articles

Elites, Rent-Cycling and Development: Adjustment to Land Scarcity in Mauritius, Kenya and Côte d'Ivoire

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According to rent-cycling theory, low rent aligns the interests of the elite and the majority in providing public goods and efficiency incentives to promote economic growth, while high rent risks deflecting the elite into self-enriching rent deployment, which distorts the economy and triggers a collapse from which recovery is protracted because rent recipients resist reform. The theory also predicts, however, that this collapse will self-correct by shrinking per capita rent, which strengthens incentives for wealth creation. This article tests the prediction in Mauritius, Kenya and Côte d'Ivoire where intensifying land scarcity has shrunk per capita rent; Mauritius meets the prediction, but Kenya and Côte d'Ivoire do not.

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Detail Information

Series Title

Development Policy Review

Call Number

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Publisher

Hoboken, United States : Wiley-Blackwell., 2010

Collation

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Language

English

ISBN/ISSN

09502386

Classification

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Content Type

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Media Type

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Carrier Type

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Edition

Volume 28 Issue 4, July 2010. Pages 411 - 433

Subject(s)

Development
Côte d'Ivoire

Specific Detail Info

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