1. Introduction: Three Puzzles -- 2. The Problem of Resource Booms -- 3. Explaining Institutional Breakdown -- 4. The Philippines: The Legal Slaughter of the Forests -- 5. Sabah, Malaysia: A New State of Affairs -- 6. Sarawak, Malaysia: An Almost Uncontrollable Instinct -- 7. Indonesia: Putting the Forests to "Better Use" -- 8. Conclusion: Rent Seeking and Rent Seizing
Summary
This text addresses the question of why institutions sometimes break down, examining the breakdown of institutions that govern natural resource exports in developing states. The author shows how this often happens when states receive positive trade shocks such as unanticipated windfalls
Analysis
Social studies Politics & government Political economy
