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The political economy of pervasive rent-seeking

Bibliographic Data

ID3123933
AuthorsRaphael De Kadt (St Augustine College of South Africa, corresponding author), Charles Simkins (St Augustine College of South Africa)
Year2013
Volume115
Issue1
Pages112-126
Publication date2013-04-01
Open AccessYes
TypeARTICLE
VenueThesis Eleven (JOURNAL)
Journal identifiersISSN: 0725-5136 • E-ISSN: 1461-7455
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0725513612470537
OpenAlexW1965434395
LanguageEN
References cited10

This article provides an account of rent-seeking in relation both to economic policies and political practices in South Africa. The article draws attention to continuities and similarities in this regard between the two distinct periods of nationalist rule from 1948 to 1994 and from 1994 to 2012. The economic dimensions that are specifically addressed are industrial policy, the labour market, state administration and tenders and service delivery and welfare. The more specifically political dimensions addressed include the electoral system, the relationship between constitutionalism and the judiciary, and the rule of law. The article highlights the dangers posed by excessive rent-seeking and especially its negative implications for redistribution, economic growth and the consolidation of democracy in a highly unequal society

Call for bids · Constitutionalism · Democracy · Economic nationalism · Economic system · Economics · Political economy · Political science · Politics · Procurement · Rent-seeking · Rule of law · Welfare state · Law · Legal Issues in South Africa · Taxation and Compliance Studies · Urban and Rural Development Challenges

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Highly citedNo

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