Why has the macroeconomic impact of foreign aid seemingly been so poor? Is there a relationship between the widespread level of corruption and other types of rent-seeking activities and concessional assistance? To answer these questions we provide a simple game-theoretic rent-seeking model. The model has a number of implications. First, under certain circumstances, an increase in government rev...

ABSTRACT This paper measures with a novel methodology the amount of agrarian ground rent intersectoral transfers in Uruguay and its relative weight national surplus value during period 1955-2019. In order to this, identifies mechanisms through which is transferred from landowners industrial commercial capitals. The main results show that transfers, particular exchange rate overvaluation, was re...