Glossary entry

Spanish term or phrase:

rentas políticas

English translation:

rent-seeking policies

Added to glossary by Taña Dalglish
Oct 8, 2013 18:03
10 yrs ago
Spanish term

rentas políticas

Spanish to English Social Sciences Government / Politics
This is from a Colombian academic paper on foreign aid, in which the term appears a small number of times. It would seem to be talking about political gains/benefits, however I'm a little wary of that translation, particularly in the example below:

(El gobierno) A tiene el incentivo para buscar parte de las rentas políticas disponibles por la ayuda si δk > 0.

Here's another example from the text:

Segundo, la asistencia internacional genera incentivos para buscar rentas políticas adicionales cuando existe una fracción positiva de dichos recursos de la cual el gobierno receptor puede beneficiarse directa o indirectamente.

The term appeared on google, but none of the hits really elucidated the meaning for me. Thanks in advance for your help,

Mark
Change log

Oct 10, 2013 04:13: Taña Dalglish Created KOG entry

Proposed translations

+2
9 mins
Selected

rent-seeking policies

Compendium - Búsqueda de rentas en Uruguay: Una investigación ...
www2.scielo.org.ve/scielo.php?script=sci...‎
Rent-Seeking Policies in Uruguay: Research from the Company ... también que la búsqueda de rentas como política de Estado continúa a pesar de la caída del ...

http://en.wikipedia.org/wiki/Rent-seeking
Rent-seeking
From Wikipedia, the free encyclopedia
In public choice theory, rent-seeking is an attempt to obtain economic rent, (i.e., the portion of income paid to a factor of production in excess of that which is needed to keep it employed in its current use), by manipulating the social or political environment in which economic activities occur, rather than by creating new wealth. One example is spending money on political lobbying in order to be given a share of wealth that has already been created. A famous example of rent-seeking is the limiting of access to lucrative occupations, as by medieval guilds or modern state certifications and licensures. People accused of rent-seeking typically argue that they are indeed creating new wealth (or preventing the reduction of old wealth) by improving quality controls, guaranteeing that charlatans do not prey on a gullible public, and preventing bubbles.

http://financial-dictionary.thefreedictionary.com/Rent-Seeki...
Rent-Seeking
The practice of an individual, company, or government attempting to make a profit without making a product, producing wealth, or otherwise contributing to society. For example, a company may seek subsidies from the government, which would count as income for that company. Likewise, a government may seek rent by seizing control of natural resources and charging citizens for use. Some rent seeking is legal, while others, such as some forms of blackmail, are not. Rent-seeking behavior is most common when the rent seeker is also a monopoly or has sufficient economic or political power to act as one. The concept was originated by Adam Smith.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Hope this is what you are looking for.

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Note added at 1 day10 hrs (2013-10-10 04:10:58 GMT) Post-grading
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Thank you Mark.
Peer comment(s):

agree Jenni Lukac (X) : Could it be that this aid gets eaten up by "administrative" expenses? This makes sense.
34 mins
Thank you Jenni.
agree Belli : Correct
7 hrs
Thank you Belli.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks for your help. Some interesting further reading on rent-seeking: http://www.econlib.org/library/Enc/RentSeeking.html and http://www.econlib.org/library/Columns/y2006/Mungerrentseeking.html"
6 mins

political income

Rentas might be income as in "impuesto sobre la renta" (income tax) especially given that it appears to be referring to international financial aid.
Peer comment(s):

neutral liz askew : oops, not sure now
12 mins
Thanks, Liz!
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1 hr

political benefits

My understanding
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1 hr

español

En el contexto en que viene recogida la frase, quiere decir que después de haber realizado algún tipo de inversión monetaria, la rentabilidad inmediata no viene dada en dinero, sino con ventajas políticas que le proporcionará en un futuro un mejor posicionamiento económico con respecto a la competencia.
Example sentence:

el que regala bien vende si el que recibe lo entiende

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21 hrs

political clout

"Political clout" parece en su significado a "political benefits", pero es una frase más común para la misma.
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