Economist Intelligence Unit Begins Monitoring Crony-Capitalism Index
1 report, 1 independent
Updated Sep 1
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
The Economist Intelligence Unit began monitoring its crony-capitalism index on September 1, 2026. The index measures how much of an economy has been dedicated to rent-seeking, where individuals become wealthy by manipulating policy. The reports noted that in 2016, crony capitalism accounted for 3% of India’s GDP, and by 2023, this figure had doubled.
From orissapost.com
Why it matters
The index tracks the potential decay of institutions when the power and legitimacy of the state are misused to enrich chosen individuals. The concept highlights the distinction between bribery, which is an individual act, and corruption, which involves the decay of institutions.
From orissapost.com
Who's involved
- Economist Intelligence UnitProduces the crony-capitalism index and analyzes the concept of rent-seeking.
Keep exploring
The entities involved
-
Economist Intelligence Unit
research and analysis division of Economist Group
Nothing else this week.