Metadatas
February 2, 2023
- ISIDORE Id: 10670/1.819822...
- hal: hal-04804316
- doi: 10.1080/00346764.2023.2171099
This document is linked to :
info:eu-repo/semantics/altIdentifier/doi/10.1080/00346764.2023.2171099
Similar subjects
World literature Western literature (Western countries) Belles-lettresCite this document
Gwendoline Promsopha et al., « Elite circulation, rent-seeking and rank-keeping: analytical insights from the case of Thailand », HALSHS : archive ouverte en Sciences de l’Homme et de la Société, ID : 10.1080/00346764.2023.2171099
Metrics
Share / Export
Abstract
The role of elite coalitions, violence and social orders in the development process has recently resurfaced in economic literature. In this article, we mobilize some of the literature on elite coalition, elite circulation and institutional change and provide a framework for understanding institutional change as the result of major misalignment between rent-seeking and rank-keeping. We also analyse how lock-in systems implemented by the elite in place provoke political instability.This framework is then applied to Thailand, which has experienced political instability in the past decades. The rapid empowerment of an ascending elite provoked a major misalignment between its growing economic power and the legitimacy of the established political order, i.e. a major contradiction between a rent-seeking and a rank-keeping conception of the legitimacy of elites.
