INSTITUTIONALIZATION OF RENT-ORIENTED BEHAVIOR OF THE STATE IN THE WORLD ECONOMY

ИНСТИТУЦИОНАЛИЗАЦИЯ РЕНТООРИЕНТИРОВАННОГО ПОВЕДЕНИЯ ГОСУДАРСТВА В МИРОВОЙ ЭКОНОМИКЕ

Natalia N. Azhogina (Ажогина Н.Н.) and Lyudmila V. Kitaeva (Китаева Л.В.)
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Natalia N. Azhogina (Ажогина Н.Н.): South Russian Institute of Management – branch of Russian Presidential Academy of National Economy and Public Administration
Lyudmila V. Kitaeva (Китаева Л.В.): South Russian Institute of Management – branch of Russian Presidential Academy of National Economy and Public Administration

State and Municipal Management Scholar Notes, 2023, vol. 2, 85-90

Abstract: The article implements an extended interpretation of the category of rent and its types. Private ownership of a limited resource is analyzed as the basis of rental relations, as well as formal and informal institutionalization of private property. The state's rent-seeking behavior is viewed through the prism of the creation of supranational institutions that make it possible to redistribute rental income in favor of dominants in the world economy. The creation of military conflicts acts as a kind of channel for extracting complex rent – monetary (dollar), land, military.

Keywords: rent; rent-oriented behavior; dollar rent; military rent; the right to form "international rules"; militaristic institutions (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:rnp:smmscn:s2329

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