Rent Seeking, Rent Avoidance, and Informality: An Analysis of Third World Urban Housing

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Rent Seeking, Rent Avoidance, and Informality: An Analysis of Third World Urban Housing

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Title: Rent Seeking, Rent Avoidance, and Informality: An Analysis of Third World Urban Housing
Author: Dietz, Henry A.
Abstract: Any number of concepts and ideas have been set forth over the past two or three decades to describe and explain the various problems common to urban development in Third World countries. Perhaps foremost among these has been the notion of the urban informal economy, a topic that has generated an enormous literature and that has, despite (or even because of) considerable debate and argument, provided considerable analytic leverage when brought to bear on the topic of Third World urban development and underdevelopment. Yet while this concept has been indeed useful, it may become even more so if linked with two notions from applied economics, namely, the ideas of rent seeking (hereinafter sometimes referred to simply as R-S) and rent avoidance (R-A).
Department: Latin American Studies
Subject: Urban Studies Housing
URI: http://hdl.handle.net/2152/8957
Date: 1987

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