Market institutions: enhancing the value of rural-urban links
This paper examines how market institutions can affect links between urban and rural areas with specific emphasis on goods market integration in the national context. Traditionally, development researchers and practitioners have focused either on rural market development or on urban market developme...
| Autores principales: | , , |
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| Formato: | Brief |
| Lenguaje: | Inglés |
| Publicado: |
International Food Policy Research Institute
2005
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/160608 |
| _version_ | 1855540948866433024 |
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| author | Chowdhury, Shyamal Negassa, Asfaw Torero, Máximo |
| author_browse | Chowdhury, Shyamal Negassa, Asfaw Torero, Máximo |
| author_facet | Chowdhury, Shyamal Negassa, Asfaw Torero, Máximo |
| author_sort | Chowdhury, Shyamal |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | This paper examines how market institutions can affect links between urban and rural areas with specific emphasis on goods market integration in the national context. Traditionally, development researchers and practitioners have focused either on rural market development or on urban market development without considering the interdependencies and synergies between the two. However, more than ever before, emerging local and global patterns such as the modern food value-chain led by supermarkets and food processors, rapid urbanization, changes in dietary composition, and enhanced information and communication technologies point to the need to pay close attention to the role of markets both in linking rural areas with intermediate cities and market towns and promotion of economic development and poverty reduction. This paper begins with a presentation of a conceptual framework of market integration and then identifies five major factors that increase the transfer costs that subsequently hinder market integration between rural and urban areas: information asymmetry, transaction costs, transport and communication costs, policy induced barriers, and social and noneconomic factors. Five specific cases in five developing countries are examined in this study to demonstrate the primary sources of transfer costs and the aspects of market institutions that are important to market integration and promotion of rural-urban linkages. |
| format | Brief |
| id | CGSpace160608 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2005 |
| publishDateRange | 2005 |
| publishDateSort | 2005 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1606082025-11-06T04:45:34Z Market institutions: enhancing the value of rural-urban links Chowdhury, Shyamal Negassa, Asfaw Torero, Máximo rural areas urban areas economic distribution markets costs poverty governance This paper examines how market institutions can affect links between urban and rural areas with specific emphasis on goods market integration in the national context. Traditionally, development researchers and practitioners have focused either on rural market development or on urban market development without considering the interdependencies and synergies between the two. However, more than ever before, emerging local and global patterns such as the modern food value-chain led by supermarkets and food processors, rapid urbanization, changes in dietary composition, and enhanced information and communication technologies point to the need to pay close attention to the role of markets both in linking rural areas with intermediate cities and market towns and promotion of economic development and poverty reduction. This paper begins with a presentation of a conceptual framework of market integration and then identifies five major factors that increase the transfer costs that subsequently hinder market integration between rural and urban areas: information asymmetry, transaction costs, transport and communication costs, policy induced barriers, and social and noneconomic factors. Five specific cases in five developing countries are examined in this study to demonstrate the primary sources of transfer costs and the aspects of market institutions that are important to market integration and promotion of rural-urban linkages. 2005 2024-11-21T09:51:18Z 2024-11-21T09:51:18Z Brief https://hdl.handle.net/10568/160608 en Open Access application/pdf International Food Policy Research Institute Chowdhury, Shyamal; Negassa, Asfaw; Torero, Maximo. Market institutions: enhancing the value of rural-urban links. FCND Discussion Paper Brief. 195. International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/160608 |
| spellingShingle | rural areas urban areas economic distribution markets costs poverty governance Chowdhury, Shyamal Negassa, Asfaw Torero, Máximo Market institutions: enhancing the value of rural-urban links |
| title | Market institutions: enhancing the value of rural-urban links |
| title_full | Market institutions: enhancing the value of rural-urban links |
| title_fullStr | Market institutions: enhancing the value of rural-urban links |
| title_full_unstemmed | Market institutions: enhancing the value of rural-urban links |
| title_short | Market institutions: enhancing the value of rural-urban links |
| title_sort | market institutions enhancing the value of rural urban links |
| topic | rural areas urban areas economic distribution markets costs poverty governance |
| url | https://hdl.handle.net/10568/160608 |
| work_keys_str_mv | AT chowdhuryshyamal marketinstitutionsenhancingthevalueofruralurbanlinks AT negassaasfaw marketinstitutionsenhancingthevalueofruralurbanlinks AT toreromaximo marketinstitutionsenhancingthevalueofruralurbanlinks |