Rent-Seeking, Institutions and Reforms in Africa

Focusing on the detrimental impact of rent-seeking behavior on economic performance, particularly in Africa, this book explores how individuals and entities capture income without contributing productively. It highlights the resistance of rent-seekers to necessary reforms, emphasizing the importance of understanding their strategies for effective policy development. A detailed case study from Tanzania illustrates how rent-seeking has obstructed reforms in taxation, trade, and privatization, analyzing over 300 parastatal companies to quantify their financial activities and external support.