Rent-seeking is the act of growing one's existing wealth by manipulating the social or political environment without creating new wealth.
Rent-seeking activities have negative effects on the rest of society. They result in reduced economic efficiency through misallocation of resources, reduced wealth creation, lost government revenue, heightened income inequality, risk of growing political bribery, and potential national decline.
Successful capture of regulatory agencies (if any) to gain a coercive monopoly can result in advantages for rent-seekers in a market while imposing disadvantages on their uncorrupt competitors. This is one of many possible forms of rent-seeking behavior.
Habari Naitwa Aisha. Mimi ni mkazi wa dar es salaam, natafta sana mtaji wa kuanzisha biashara ya kilimo hapa dar kisiju, eneo la kufanyia kilimo ninalo, ila sina mtaji wa kuanzisha kilimo kwa ujumla, nimeazimwa heka 11 za kulimia tu, na eneo lina asili ya maji chini kama nikichimba kisima...
Hey guys,
I’m reaching out with a heavy heart and a strong desire to change my current situation. I’ve been working in a low-paying marketing job for nine years, applying for better opportunities but getting nowhere. I’ve also tried starting small businesses over the years, but they’ve all...
Nina refinery ndogo ambayo ina uwezo kufanya refining mafuta ya kupikia kama alizeti, soya, mawese nk na kuyaboresha zaidi katika viwango vilivyoidhinishwa na TBS.
Nipo Mbeya na mwekezaji itakuwa vizuri naye akiwepo Mbeya. Refining ina uwezo wa kuzalisha lita 2000 kwa siku au tani 1.7 au ndoo...
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