From Rent-seeking to Profit-creation: Private Sector Development and Economic Turnaround in Fragile States
Nadia Piffaretti ()
MPRA Paper from University Library of Munich, Germany
Abstract:
The paper suggests a framework for evaluating the relevance of strategies of private sector development in fostering sustained economic turnaround in fragile and post-conflict situations. It highlights how fragility, violence and conflict change economic structures, introducing distortions, trapping agents into “short-termism” and changing incentives toward rent-seeking, and explores strategies for supporting shifting economic systems from predation to production.
Keywords: Fragile States; Economic Turnaround (search for similar items in EconPapers)
JEL-codes: D72 D74 O17 O40 (search for similar items in EconPapers)
Date: 2010-11-08
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:26558
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