Motivating factors for rent seeking in the public sector and its effects on the economic growth of the middle income and low income countries

• Main Authors: Galaraga, Caleb M., Rodriquez, Mary Geraldine G., Song, Sangyoon, Wong, Christin Dianne H.
• Format: text
• Language: English
• Published: Animo Repository 2005
• Subjects: Rent (Economic theory); Economic development; Corruption; Investments, Foreign > Corrupt practices; Public institutions > Corrupt practices; Political corruption; Economics
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/14347
• Institution: De La Salle University

According to economic growth theory, the economy prospers when there is good social infrastructure which encourages production and investment. On the other hand, a social infrastructure which encourages diversion has a detrimental effect to the economy. This paper aims to identify the fundamental ec...