Dealing with rent and rentier economies: New perspectives from institutional economics

Heterodox economics may study rent from various angles. The first one is that of the source of income; the second is that of its macroeconomic impacts; the third is that of income distribution. This introduction highlights the contributions of the papers published in this issue from these three diff...

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Main Authors: Adrien Faudot, Julien Vercueil
Format: Article
Language:English
Published: Association Recherche & Régulation 2022-01-01
Series:Revue de la Régulation
Subjects:
Online Access:https://journals.openedition.org/regulation/20819
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author Adrien Faudot
Julien Vercueil
author_facet Adrien Faudot
Julien Vercueil
author_sort Adrien Faudot
collection DOAJ
description Heterodox economics may study rent from various angles. The first one is that of the source of income; the second is that of its macroeconomic impacts; the third is that of income distribution. This introduction highlights the contributions of the papers published in this issue from these three different angles. As far as it is concerned, Régulation Theory has developed a comprehensive reading of what it called the “rentier accumulation regime”, including it in the analysis of the variety of capitalism and allowing for a dialogue with development economics. In particular, it shows that institutional hierarchies co-evolve with the fluctuations of rent. The notion of rentier accumulation regime enables us to understand how some developing countries have resilient institutions despite structural weaknesses.
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series Revue de la Régulation
spelling doaj-art-2dabedea5c004ea9a0b23d40cc3d7f3e2025-01-30T14:26:45ZengAssociation Recherche & RégulationRevue de la Régulation1957-77962022-01-0131210.4000/regulation.20819Dealing with rent and rentier economies: New perspectives from institutional economicsAdrien FaudotJulien VercueilHeterodox economics may study rent from various angles. The first one is that of the source of income; the second is that of its macroeconomic impacts; the third is that of income distribution. This introduction highlights the contributions of the papers published in this issue from these three different angles. As far as it is concerned, Régulation Theory has developed a comprehensive reading of what it called the “rentier accumulation regime”, including it in the analysis of the variety of capitalism and allowing for a dialogue with development economics. In particular, it shows that institutional hierarchies co-evolve with the fluctuations of rent. The notion of rentier accumulation regime enables us to understand how some developing countries have resilient institutions despite structural weaknesses.https://journals.openedition.org/regulation/20819variety of capitalismdevelopment economicsRégulation Theoryrentrentier accumulation regimes
spellingShingle Adrien Faudot
Julien Vercueil
Dealing with rent and rentier economies: New perspectives from institutional economics
Revue de la Régulation
variety of capitalism
development economics
Régulation Theory
rent
rentier accumulation regimes
title Dealing with rent and rentier economies: New perspectives from institutional economics
title_full Dealing with rent and rentier economies: New perspectives from institutional economics
title_fullStr Dealing with rent and rentier economies: New perspectives from institutional economics
title_full_unstemmed Dealing with rent and rentier economies: New perspectives from institutional economics
title_short Dealing with rent and rentier economies: New perspectives from institutional economics
title_sort dealing with rent and rentier economies new perspectives from institutional economics
topic variety of capitalism
development economics
Régulation Theory
rent
rentier accumulation regimes
url https://journals.openedition.org/regulation/20819
work_keys_str_mv AT adrienfaudot dealingwithrentandrentiereconomiesnewperspectivesfrominstitutionaleconomics
AT julienvercueil dealingwithrentandrentiereconomiesnewperspectivesfrominstitutionaleconomics