Competitive Rent-Seeking” in the Kim Jong Un Era of North Korea
Bibliographic Data
| ID | 12302116 |
|---|---|
| Authors | Suehyun Jung (0000-0001-5392-3130, Simyeon Institute for North Korean Studies, Seoul, Republic of Korea, corresponding author) |
| Year | 2023 |
| Volume | 56 |
| Issue | 2 |
| Pages | 33-57 |
| Publication date | 2023-03-21 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Communist and Post-Communist Studies (JOURNAL) |
| Journal identifiers | ISSN: 0967-067X • E-ISSN: 1873-6920 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1525/cpcs.2023.1824787 |
| OpenAlex | W4352984927 |
| Language | EN |
| Citations received | 1 |
| References cited | 23 |
This article presents the “Competitive Rent-Seeking Model” that accounts for how reform policies paved the way for sustainable economic growth in “authoritarian transition economies” despite widespread corruption. Competitive rent-seeking refers to the process whereby the entry barrier to rent-generating economic activities, once monopolized by a small number of vested interests, has been lowered inviting more potential rent-seekers into the system. This was accomplished by enacting decentralizing and market-friendly reform policies that in turn exacerbated corruption but boosted production efficiency leading to improved social welfare. The model is exemplified by the Chinese and Vietnamese experiences during the 1980s. Furthermore, this article demonstrates that the model is applicable to the North Korean economy under Kim Jong Un’s economic reform policy of the “Socialist System of Responsible Business Operation in Economic Management” initiated in 2014
Authoritarianism · Barriers to entry · Democracy · Economic reform · Economic rent · Economic system · Economics · Language change · Market economy · Political science · Politics · Rent-seeking · Sustainable Growth Rate · Vietnamese · Asian Industrial and Economic Development · Cambodian History and Society · Korean Peninsula Historical and Political Studies · Finance
The Welfare Costs of Tariffs, Monopolies, and Theft
The Political Economy of the Rent-Seeking Society
Transition--The First Ten Years
Making Money in the State
The Rise and Fall of Anti-Corruption in North Korea
Political incentives for rent creation
Common-Pool Resource Depletion and Dictatorship
Everyday Authoritarianism in North Korea
Corruption and the Transition from Socialism in China
Economic development in a rent-seeking society
Rent-seeking and the two-track price system in China
Corruption and Rent-Seeking
Reform without Losers
Elite–Middle Class Competition for Rent-Seeking in North Korea and Kim Jong Un’s Anti-Corruption Movement
Toward Market Leninism in North Korea
Reform, State, and Corruption
Corruption and the politics of economic decentralisation in Vietnam
| Citations per year | 1 |
|---|---|
| Citation span | 2025 - 2025 (1) |
| Highly cited | No |