How Long to Read Economic Growth, Inequality and Crony Capitalism

How Long Does it Take to Read Economic Growth, Inequality and Crony Capitalism?

It takes the average reader 3 hours and 34 minutes to read Economic Growth, Inequality and Crony Capitalism by Danilo Rocha Limoeiro

Assuming a reading speed of 250 words per minute. Learn more

Description

Researchers in international development have long argued that the high costs of doing business harms prosperity in developing countries, a claim that invites the question of why governments impose these costs and why societies fail to enact reforms reducing them. This book seeks to answer the question by looking at the case of Brazil, a large and highly unequal economy riddled with state-imposed transaction costs. By delving into the political dynamics underlying a costly business environment, this book provides the reader with novel insights into crony capitalism and inequality. It argues that the root cause of a costly business environment is the collusion between political actors, bureaucrats and business insiders. Politicians and bureaucrats relish their discretion over rules and policies as a power resource, since they can increase or decrease the costs of doing business faced by firms and sectors. Business insiders collude with government agents to access the loopholes that decrease the cost of doing business, thus gaining a competitive edge over outsiders. This gives the insiders weaker preferences for reforms that could decrease the overall cost of doing business. By pursuing their self-interest, these actors create a low-level equilibrium that perpetuates crony capitalism and inequality to the detriment of overall prosperity. The book makes its case with a sophisticated combination of formal modeling, quantitative analyses and in-depth case studies of tax policy and of the pharmaceutical and agricultural sectors in Brazil. Observers have declared the need for reforms that improve the business environment in developing countries for a long time. However, the findings presented in this book suggest they might have underestimated the challenge ahead. Scholars and policy-makers in international development, business politics and political economy will be interested in the innovative perspective of this book.

How long is Economic Growth, Inequality and Crony Capitalism?

Economic Growth, Inequality and Crony Capitalism by Danilo Rocha Limoeiro is 208 pages long, and a total of 53,664 words.

This makes it 70% the length of the average book. It also has 66% more words than the average book.

How Long Does it Take to Read Economic Growth, Inequality and Crony Capitalism Aloud?

The average oral reading speed is 183 words per minute. This means it takes 4 hours and 53 minutes to read Economic Growth, Inequality and Crony Capitalism aloud.

What Reading Level is Economic Growth, Inequality and Crony Capitalism?

Economic Growth, Inequality and Crony Capitalism is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Economic Growth, Inequality and Crony Capitalism?

Economic Growth, Inequality and Crony Capitalism by Danilo Rocha Limoeiro is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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