Description:
First published in 1999, this volume is written by seasoned public choice scholars and is intended to make a significant contribution to the debate on peaceful coexistence and sustainable development in developing countries.
Review Quotes: 'With the emerging interest in Africa and especially its economic potential, it is highly encouraging that modern developments in institutional analysis are being applied. Specifically, public choice theory, both in its positive and normative variants, has much to offer. Rent seeking is pervasive in the African political setting and recognition can prompt emphasis on constitutional reforms. Kimenyi and Mbaku opened up a discussion that will, I hope, encourage follow-up studies.' James M. Buchanan, Center for Study of Public Choice, George Mason University, USA and 1986 Nobel Laureate in Economic Sciences 'Developing countries as well as public choice scholars will both benefit from Professors Kimenyi and Mbaku's contribution.' Professor Mark A. Zupan, University of Arizona, USA 'The book is a good exposition of the application of economic theory in the study of politics to developing economies.' International Journal of Sustainable Development '...insightful and intriguing...an excellent introduction to public choice economics...highly recommended for specialists in development economics...' Public Choice 'No serious graduate student or research scholar should ignore the hypotheses presented in this informative book...' International Journal on World Peace