Capitalism and Inequality rejects the popular view that attributes the recent surge in inequality to a failure of market institutions. Bringing together new and
China’s efforts to modernize yielded a kleptocracy characterized by corruption, wealth inequality, and social tensions. Rejecting conventional platitudes abou
Researchers in international development have long argued that the high costs of doing business harms prosperity in developing countries, a claim that invites t
Crony capitalism systems—in which those close to political policymakers receive favors allowing them to earn returns far above market value—are a fundamenta
This volume provides new perspectives on crony capitalism in the Middle East. It draws on rich empirical information on the activities of political connected fi