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Government Intervention, Rent Distribution, and Economic Development in Korea

Yoon Je Cho

in The Role of Government in East Asian Economic Development: Comparative Institutional Analysis

Published in print:
1998
Published Online:
January 2007
ISBN:
9780198294917
eISBN:
9780191715501
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198294917.003.0007
Subject:
Economics and Finance, South and East Asia

This chapter discusses how economic rent was created and distributed in the course of economic development in Korea, focusing on government intervention in the financial market. The Korean experience ... More


Adding Value

John Kay

in The Business of Economics

Published in print:
1996
Published Online:
November 2003
ISBN:
9780198292227
eISBN:
9780191596520
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198292228.003.0008
Subject:
Economics and Finance, Microeconomics

This chapter describes financial relationships between competitive advantage, economic rent, added value, and various other measures of firm performance.


 The Case against Foreign Direct Investment and Multinational Corporations

Stephen D. Cohen

in Multinational Corporations and Foreign Direct Investment: Avoiding Simplicity, Embracing Complexity

Published in print:
2007
Published Online:
May 2007
ISBN:
9780195179354
eISBN:
9780199783779
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195179354.003.0014
Subject:
Economics and Finance, International

Only the most rabid proponents deny the potential for MNCs and FDI to inflict costs and harm on large numbers of people and countries. This chapter is the equivalent of a law brief, this time ... More


The Value of Competitive Advantage

John Kay

in Foundations of Corporate Success: How Business Strategies Add Value

Published in print:
1995
Published Online:
November 2003
ISBN:
9780198289883
eISBN:
9780191718205
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/019828988X.003.0013
Subject:
Economics and Finance, Microeconomics

Using examples from supermarket chains, car manufacturers, and banks, this chapter explains how competitive advantage can be quantified in the form of added value or economic rent. It is then ... More


Economic justice and the democratic contract

Albert Weale

in Democratic Justice and the Social Contract

Published in print:
2013
Published Online:
September 2013
ISBN:
9780199684649
eISBN:
9780191765063
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199684649.003.0003
Subject:
Political Science, Political Theory

Property rights can be a source of discord, but they are an important means of preserving collective interests. Democratic contractarianism requires that just property relations be grounded in the ... More


What’s Private About the Free Market?

Robert I. Field

in Mother of Invention: How the Government Created "Free-Market" Health Care

Published in print:
2013
Published Online:
January 2014
ISBN:
9780199746750
eISBN:
9780199354528
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199746750.003.0001
Subject:
Public Health and Epidemiology, Public Health

The term “free-market” is widely used to connote private commerce that is free of government intervention, yet in reality, such markets do not exist. Almost every major industry depends on some form ... More


A Fair Deal in Extractives: The Company Profit-related Contract

Johnny West

in Global Tax Fairness

Published in print:
2016
Published Online:
March 2016
ISBN:
9780198725343
eISBN:
9780191792687
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198725343.003.0014
Subject:
Economics and Finance, International, Macro- and Monetary Economics

Many big oil and mining companies dominate the governments they deal with. This asymmetry of information results in projects that can yield super-profits to companies but take a decade before the ... More


Getting Out of Feudalism— and Staying Out!

Daniel Halliday and John Thrasher

in The Ethics of Capitalism

Published in print:
2020
Published Online:
June 2020
ISBN:
9780190096205
eISBN:
9780190096243
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190096205.003.0003
Subject:
Philosophy, Political Philosophy

This chapter expands on the concept of feudalism as an economic system distinct from both capitalism and socialism. The focus will be on what feudalism’s central injustices are and how early work on ... More


Relational Inequality Theory

Donald Tomaskovic-Devey and Dustin Avent-Holt

in Relational Inequalities: An Organizational Approach

Published in print:
2019
Published Online:
January 2019
ISBN:
9780190624422
eISBN:
9780190624460
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190624422.003.0003
Subject:
Sociology, Social Stratification, Inequality, and Mobility, Social Theory

This chapter is an introduction to relational inequality theory (RIT). In RIT resources are generated and pool in organizations. Actors with legitimated claims gain access to those resources. Some ... More


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