Economic Growth, Inequality and Crony Capitalism - 9780367896515

Taylor & Francis

Economic Growth, Inequality and Crony CapitalismThe Case of Brazil\nAuthor(s): Danilo Rocha Limoeiro\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9780367896515, 978-0367896515\nSynopsis\nResearchers 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 bureaucrat.