Rents form a relatively high share of GDP in developing countries (from 15-50%), so that differences in the scale of the rent and in its distribution among economic agents profoundly affect the evolution of the political economy. This paper deploys two rent-driven political economy models to...

Since gaining independence Algeria has made two unsuccessful attempts at integration into the world economy. The first entailed forced industrialization. It used the windfall rents from the 1974–78 and 1979–81 oil booms to accelerate the process. However, the outcome conforms to the staple...