Exchange, contracts, and property-rights enforcement

In this section of the book the action domain is the market for goods and services in the context of agriculture and rural markets in developing countries. The focus of the theoretical chapters and the case studies in Part 2 is on addressing a key development problem, namely, the development of coor...

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Autor principal: Gabre-Madhin, Eleni Zaude
Formato: Capítulo de libro
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2009
Materias:
Acceso en línea:https://hdl.handle.net/10568/161725
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author Gabre-Madhin, Eleni Zaude
author_browse Gabre-Madhin, Eleni Zaude
author_facet Gabre-Madhin, Eleni Zaude
author_sort Gabre-Madhin, Eleni Zaude
collection Repository of Agricultural Research Outputs (CGSpace)
description In this section of the book the action domain is the market for goods and services in the context of agriculture and rural markets in developing countries. The focus of the theoretical chapters and the case studies in Part 2 is on addressing a key development problem, namely, the development of coordinated exchange systems in poor rural areas. The core problem relates to the existence of thin markets and low density of economic activity in these areas, resulting in the failure of competitive markets to be effective and efficient mechanisms for coordinated exchange. The use of nonmarket coordination mechanisms develops from this failure but is not unique to developing countries. Under conditions of market failure and for other reasons, nonmarket coordination mechanisms are also often preferred in the developed nations of the world.
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spelling CGSpace1617252025-11-06T04:12:59Z Exchange, contracts, and property-rights enforcement Gabre-Madhin, Eleni Zaude economic development agricultural development case studies natural resources management smallholders poverty alleviation economic growth In this section of the book the action domain is the market for goods and services in the context of agriculture and rural markets in developing countries. The focus of the theoretical chapters and the case studies in Part 2 is on addressing a key development problem, namely, the development of coordinated exchange systems in poor rural areas. The core problem relates to the existence of thin markets and low density of economic activity in these areas, resulting in the failure of competitive markets to be effective and efficient mechanisms for coordinated exchange. The use of nonmarket coordination mechanisms develops from this failure but is not unique to developing countries. Under conditions of market failure and for other reasons, nonmarket coordination mechanisms are also often preferred in the developed nations of the world. 2009 2024-11-21T09:57:40Z 2024-11-21T09:57:40Z Book Chapter https://hdl.handle.net/10568/161725 en https://doi.org/10.2499/9780896297814BK Open Access application/pdf International Food Policy Research Institute Gabre-Madhin, Eleni Zaude. 2009. Exchange, contracts, and property-rights enforcement. In institutional economics perspectives on African agricultural development. ed. Johann F. Kirsten, Andrew R. Dorward, Colin Poulton, and Nick Vink. Chapter 4. Pp. 115-142. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/161725
spellingShingle economic development
agricultural development
case studies
natural resources management
smallholders
poverty alleviation
economic growth
Gabre-Madhin, Eleni Zaude
Exchange, contracts, and property-rights enforcement
title Exchange, contracts, and property-rights enforcement
title_full Exchange, contracts, and property-rights enforcement
title_fullStr Exchange, contracts, and property-rights enforcement
title_full_unstemmed Exchange, contracts, and property-rights enforcement
title_short Exchange, contracts, and property-rights enforcement
title_sort exchange contracts and property rights enforcement
topic economic development
agricultural development
case studies
natural resources management
smallholders
poverty alleviation
economic growth
url https://hdl.handle.net/10568/161725
work_keys_str_mv AT gabremadhinelenizaude exchangecontractsandpropertyrightsenforcement