Relationships and traders in Madagascar
This paper documents the role that personal relationships play in economic exchange. Original survey data show that agricultural traders in Madagascar perceive relationships as the most important factor for success in their business.Evidence details the extent to which relationships are used to serv...
| Main Authors: | , |
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| Format: | Artículo preliminar |
| Language: | Inglés |
| Published: |
International Food Policy Research Institute
1998
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/161246 |
| _version_ | 1855540427974770688 |
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| author | Fafchamps, Marcel Minten, Bart |
| author_browse | Fafchamps, Marcel Minten, Bart |
| author_facet | Fafchamps, Marcel Minten, Bart |
| author_sort | Fafchamps, Marcel |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | This paper documents the role that personal relationships play in economic exchange. Original survey data show that agricultural traders in Madagascar perceive relationships as the most important factor for success in their business.Evidence details the extent to which relationships are used to serve a variety of purposes such as: the circulation of information about prices and market conditions; the provision of trade credit; the prevention and handling of contractual difficulties; the regularity of trade flows; and the mitigation of risk. Of these, the regularity of supply and demand and the sharing of risk appear particularly important. Larger and more pros-perous traders are those with quantitatively and qualitatively better relationships. Family plays little role in business beyond assistance at start-up. |
| format | Artículo preliminar |
| id | CGSpace161246 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 1998 |
| publishDateRange | 1998 |
| publishDateSort | 1998 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1612462025-11-06T07:23:10Z Relationships and traders in Madagascar Fafchamps, Marcel Minten, Bart trade credit This paper documents the role that personal relationships play in economic exchange. Original survey data show that agricultural traders in Madagascar perceive relationships as the most important factor for success in their business.Evidence details the extent to which relationships are used to serve a variety of purposes such as: the circulation of information about prices and market conditions; the provision of trade credit; the prevention and handling of contractual difficulties; the regularity of trade flows; and the mitigation of risk. Of these, the regularity of supply and demand and the sharing of risk appear particularly important. Larger and more pros-perous traders are those with quantitatively and qualitatively better relationships. Family plays little role in business beyond assistance at start-up. 1998 2024-11-21T09:54:24Z 2024-11-21T09:54:24Z Working Paper https://hdl.handle.net/10568/161246 en Open Access application/pdf International Food Policy Research Institute Fafchamps, Marcel; Minten, Bart. 1998. Relationships and traders in Madagascar. MTID Discussion Paper 24. https://hdl.handle.net/10568/161246 |
| spellingShingle | trade credit Fafchamps, Marcel Minten, Bart Relationships and traders in Madagascar |
| title | Relationships and traders in Madagascar |
| title_full | Relationships and traders in Madagascar |
| title_fullStr | Relationships and traders in Madagascar |
| title_full_unstemmed | Relationships and traders in Madagascar |
| title_short | Relationships and traders in Madagascar |
| title_sort | relationships and traders in madagascar |
| topic | trade credit |
| url | https://hdl.handle.net/10568/161246 |
| work_keys_str_mv | AT fafchampsmarcel relationshipsandtradersinmadagascar AT mintenbart relationshipsandtradersinmadagascar |