Market Institutions Transaction Costs And Social Capital In The Ethiopian Grain Market
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Market Institutions Transaction Costs and Social Capital in the Ethiopian Grain Market
Author | : Eleni Zaude Gabre-Madhin |
Publsiher | : Intl Food Policy Res Inst |
Total Pages | : 116 |
Release | : 2001-01-01 |
Genre | : Business & Economics |
ISBN | : 9780896291263 |
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This report addresses the overarching question regarding the role of institutions in enhancing market development following market reforms. It uses the New Institutional Economics framework to empirically analyze the role of a specific market institution, that of brokers acting as intermediaries to match traders in the Ethiopian grain market in reducing the transaction costs of search faced by traders. Brokers play a key role in facilitating exchange in a weak marketing environment where limited public market information, the lack of grain standardization, oral contracts, and weak legal enforcement of contracts increase the risk of contract failure. Relying on primary data, it analyzes traders' microeconomic behavior, social capital, the nature and extent of their transaction costs, and the norms and rules governing the relationship between brokers and traders.The study uses an innovative approach to quantify the costs of search and demonstrates that the brokerage institution is economically efficient both for individual traders and for global economic welfare.
Transaction Costs Institutions and Contractual Choices in the Ethiopian Grain Market
Author | : Eleni Zaude Gabre-Madhin |
Publsiher | : Unknown |
Total Pages | : 404 |
Release | : 1998 |
Genre | : Grain |
ISBN | : STANFORD:36105025919015 |
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Technological and Institutional Innovations for Marginalized Smallholders in Agricultural Development
Author | : Franz W. Gatzweiler,Joachim von Braun |
Publsiher | : Springer |
Total Pages | : 435 |
Release | : 2016-02-19 |
Genre | : Technology & Engineering |
ISBN | : 9783319257181 |
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The aim of the book is to present contributions in theory, policy and practice to the science and policy of sustainable intensification by means of technological and institutional innovations in agriculture. The research insights re from Sub-Saharan Africa and South Asia. The purpose of this book is to be a reference for students, scholars and practitioners inthe field of science and policy for understanding and identifying agricultural productivity growth potentials in marginalized areas.
Food Policy for Developing Countries
Author | : Per Pinstrup-Andersen,Derrill D. Watson |
Publsiher | : Cornell University Press |
Total Pages | : 425 |
Release | : 2011-08-18 |
Genre | : Business & Economics |
ISBN | : 9780801448188 |
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A "social entrepreneurship" approach to food policy analysis that calls on a wide variety of disciplines (economics, nutrition, sociology, anthropology, environmental science, medicine, and geography).
Market Orientation of Smallholders in Selected Grains in Ethiopia
Author | : Berhanu Gebremedhin |
Publsiher | : ILRI (aka ILCA and ILRAD) |
Total Pages | : 48 |
Release | : 2008-01-01 |
Genre | : Electronic Book |
ISBN | : 9182736450XXX |
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Structure and Functioning of Chickpea Markets in Ethiopia Evidence Based on Analyses of Value Chains Linking Smallholders and Markets
Author | : Anonim |
Publsiher | : ILRI (aka ILCA and ILRAD) |
Total Pages | : 68 |
Release | : 2024 |
Genre | : Electronic Book |
ISBN | : 9182736450XXX |
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Institutional Economics Perspectives on African Agricultural Development
Author | : Johann Kirsten |
Publsiher | : Intl Food Policy Res Inst |
Total Pages | : 468 |
Release | : 2009-01-01 |
Genre | : Technology & Engineering |
ISBN | : 9780896297814 |
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"Millions of Africans spend their entire lives poor, hungry, and malnourished, and most depend on agriculture for their livelihoods, either directly or indirectly. Despite its potential to drive economic growth and poverty reduction, however, African agricultural development has remained disappointing-whether because of underinvestment or poor returns to investments. This book, Institutional Economics Perspectives on African Agricultural Development, is inspired by the conviction that effective African agricultural development requires building better institutions. It provides an accessible synthesis of new institutional economics theory and research into understanding and improving African agriculture, particularly smallholder agriculture. Interspersing theory with case studies from a wide range of countries, the book addresses such policy issues as how markets for different commodities and services function in different political, cultural, and economic contexts. It not only makes an important contribution to the existing literature, but also provides development practitioners, policymakers, and graduate students working-or intending to work-in these fields with essential knowledge and tools for addressing these challenges. OVERVIEW: Theoretical and Conceptual Framework; Exchange in Goods and Services; Natural Resources Management; and An Institutional Perspective on the State: Its Role and Challenges."
Development economics between markets and institutions
Author | : Erwin Bulte,Ruerd Ruben |
Publsiher | : BRILL |
Total Pages | : 447 |
Release | : 2023-08-28 |
Genre | : Business & Economics |
ISBN | : 9789086866182 |
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"This volume in the Mansholt series presents state of the art discussions on a wide variety of topics in the field of (agricultural) development. More than 20 chapters have been prepared by internationally known scholars and policy analysts, providing a concise overview of a variety of recent debates in development economics. While the background of most contributors is in economic science, the chapters are prepared so that they feed into ongoing policy discussions and are accessible to a wide readership. The contributions in this volume are organized around five themes: prospects for rural poverty alleviation, sustainable management of natural resources, strategies for enhancing food security, markets and the role of the state, and institutions and governance. It is obvious there are many links between these themes, and indeed the integration between them is emphasized in various chapters. This book is prepared as a festschrift or Liber Amicorum for professor Arie Kuyvenhoven. His retirement from the Development Economics Group at Wageningen University, The Netherlands is a good opportunity to take stock of recent developments in the area of agricultural development economics. Therefore, in addition to being a valuable source of information for readers with an interest in development, this volume is also intended as a farewell gift: to Arie, from friends and colleagues."