Arbeitspapier
Predator or prey? Parasitic enterprises in economic development
In many developing and transition economies Mafia-like activities are rampant. Extortion and other forms of predation lower profitability in private businesses and distort investment incentives. Incorporated in a model of industrialization, bimodal club convergence may result. Economies may get stuck in a Predators’ Club characterized by a vicious circle of poverty and predation. Societies with a low flow of new entrepreneurs are especially vulnerable to predation and never get out of this club. Poor societies with high flow of new entrepreneurs, however, may grow out of the trap and join the rich Producers’ Club.
- Language
-
Englisch
- Bibliographic citation
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Series: Memorandum ; No. 2000,27
- Classification
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Wirtschaft
- Subject
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Poverty traps
Club convergence
Organized crime
Organisierte Kriminalität
Armut
Entwicklung
Theorie
Ökonomische Sicherheit
- Event
-
Geistige Schöpfung
- (who)
-
Mehlum, Halvor
Moene, Karl
Torvik, Ragnar
- Event
-
Veröffentlichung
- (who)
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University of Oslo, Department of Economics
- (where)
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Oslo
- (when)
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2000
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Mehlum, Halvor
- Moene, Karl
- Torvik, Ragnar
- University of Oslo, Department of Economics
Time of origin
- 2000
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