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Institutionalization of rent-oriented behavior of the state in the world economy

https://doi.org/10.22394/2079-1690-2023-1-2-85-90

Abstract

The article implements an extended interpretation of the category of rent and its types. Private ownership of a limited resource is analyzed as the basis of rental relations, as well as formal and informal institutionalization of private property. The state's rent-seeking behavior is viewed through  the prism of the creation of supranational institutions that make it possible to redistribute rental income in favor of dominants in the world economy. The creation of military conflicts acts as a kind of channel for extracting complex rent – monetary (dollar), land, military.

About the Authors

Natalia N. Azhogina
South Russian Institute of Management – branch of Russian Presidential Academy of National Economy and Public Administration
Russian Federation

Natalia N. Azhogina – Candidate of Economic Sciences, Associate Professor of the Department of Economic  Theory and Entrepreneurship,

Rostov-on-Don.



Lyudmila V. Kitaeva
South Russian Institute of Management – branch of Russian Presidential Academy of National Economy and Public Administration
Russian Federation

Lyudmila V. Kitaeva – Candidate of Economic Sciences, Associate Professor of the Department of Economic Theory and Entrepreneurship,

Rostov-on-Don.



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For citations:


Azhogina N.N., Kitaeva L.V. Institutionalization of rent-oriented behavior of the state in the world economy. State and municipal management. Scholar notes. 2023;(2):85-90. (In Russ.) https://doi.org/10.22394/2079-1690-2023-1-2-85-90

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ISSN 2079-1690 (Print)
ISSN 2687-0290 (Online)