This book explains why political instability is not necessarily correlated with economic stagnation.
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Stephen Haber is A. A. and Jeanne Welch Milligan Professor at Stanford University, where he teaches political science and history. He is also the Peter and Helen Bing Senior Fellow of the Hoover Institution. Haber also serves as Director of Stanford's Social Science History Institute. He is the author of numerous books and articles, including Industry and Underdevelopment: The Industrialization of Mexico, 1890-1940 (1989) and How Latin America Fell Behind (1997).
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Zustand: New. pp. xv + 382 5 Diagrams. Bestandsnummer des Verkäufers 18235170
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Hardcover. Zustand: new. Hardcover. This book addresses a puzzle in political economy: why is it that political instability does not necessarily translate into economic stagnation or collapse? In order to address this puzzle, it advances a theory about property rights systems in many less developed countries. In this theory, governments do not have to enforce property rights as a public good. Instead, they may enforce property rights selectively (as a private good), and share the resulting rents with the group of asset holders who are integrated into the government. Focusing on Mexico, this book explains how the property rights system was constructed during the Porfirio Diaz dictatorship (18761911) and then explores how this property rights system either survived, or was reconstructed. The result is an analytic economic history of Mexico under both stability and instability, and a generalizable framework about the interaction of political and economic institutions. This book is intended for historians of Latin America and scholars interested in economic development. It offers a detailed economic history of Mexico and a theory about how rent seeking permits economic growth. The book explains why political instability is not necessarily correlated with economic stagnation. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Bestandsnummer des Verkäufers 9780521820677
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