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Institutionalization Of Rent-Oriented Behavior Of The State In The World Economy
[Институционализация Рентоориентированного Поведения Государства В Мировой Экономике]

Author

Listed:
  • Natalia N. Azhogina (Ажогина Н.Н.)

    (South Russian Institute of Management – branch of Russian Presidential Academy of National Economy and Public Administration)

  • Lyudmila V. Kitaeva (Китаева Л.В.)

    (South Russian Institute of Management – branch of Russian Presidential Academy of National Economy and Public Administration)

Abstract

The article implements an extended interpretation of the category of rent and its types. Private ownership of a limited resource is analyzed as the basis of rental relations, as well as formal and informal institutionalization of private property. The state's rent-seeking behavior is viewed through the prism of the creation of supranational institutions that make it possible to redistribute rental income in favor of dominants in the world economy. The creation of military conflicts acts as a kind of channel for extracting complex rent – monetary (dollar), land, military.

Suggested Citation

  • Natalia N. Azhogina (Ажогина Н.Н.) & Lyudmila V. Kitaeva (Китаева Л.В.), 2023. "Institutionalization Of Rent-Oriented Behavior Of The State In The World Economy [Институционализация Рентоориентированного Поведения Государства В Мировой Экономике]," State and Municipal Management Scholar Notes, Russian Presidential Academy of National Economy and Public Administration, vol. 2, pages 85-90.
    • Handle: RePEc:rnp:smmscn:s2329
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