Elites, Rent-Cycling and Development: Adjustment to Land Scarcity in Mauritius, Kenya and Côte D'Ivoire

23 Pages Posted: 4 Jun 2010

See all articles by Richard M. Auty

Richard M. Auty

Lancaster University - Geography

Abstract

According to rent-cycling theory, low rent aligns the interests of the elite and the majority in providing public goods and efficiency incentives to promote economic growth, while high rent risks deflecting the elite into self-enriching rent deployment, which distorts the economy and triggers a collapse from which recovery is protracted because rent recipients resist reform. The theory also predicts, however, that this collapse will self-correct by shrinking per capita rent, which strengthens incentives for wealth creation. This article tests the prediction in Mauritius, Kenya and Côte d'Ivoire where intensifying land scarcity has shrunk per capita rent; Mauritius meets the prediction, but Kenya and Côte d'Ivoire do not.

Suggested Citation

Auty, Richard M., Elites, Rent-Cycling and Development: Adjustment to Land Scarcity in Mauritius, Kenya and Côte D'Ivoire. Development Policy Review, Vol. 28, No. 4, pp. 411-433, July 2010. Available at SSRN: https://ssrn.com/abstract=1619034 or http://dx.doi.org/10.1111/j.1467-7679.2010.00490.x

Richard M. Auty (Contact Author)

Lancaster University - Geography ( email )

Lancaster Environment Centre
Lancaster University
Lancaster, LA1 4YB
United Kingdom

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