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...
| Autor principal: | |
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| Formato: | Capítulo de libro |
| Lenguaje: | Inglés |
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International Food Policy Research Institute
2009
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/161725 |
| _version_ | 1855534469445844992 |
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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. |
| format | Book Chapter |
| id | CGSpace161725 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2009 |
| publishDateRange | 2009 |
| publishDateSort | 2009 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| 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 |