Economic activity sometimes brings advanced technology to an enclave in a less-developed region where low-wage labor can be combined with skilled labor and capital from the advanced region to produce commodities for export to world markets. Potential skills of local workers may not be known to...

The quest for benefit from existing wealth or by seeking privileged benefit through influence over policy is known as rent seeking. Much rent seeking activity involves government and political decisions and is therefore in the domain of political economy, although it can also take place in...