Exchange, contracts, and property-rights enforcement | Land Portal

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Date of publication: 
janvier 2009
ISBN / Resource ID: 
129478
Pages: 
32 pages
Copyright details: 
IFPRI adheres to the basic tenets of the Budapest Open Access Initiative, articulated in 2002 (subject to any applicable third-party rights and or confidentiality obigations). All applicable data are subject to IFPRI’s Institutional Review Board (IRB) guidelines. Copyright © 2013 International Food Policy Research Institute (IFPRI). All rights reserved.

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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About IFPRI


The International Food Policy Research Institute (IFPRI) provides research-based policy solutions to sustainably reduce poverty and end hunger and malnutrition in developing countries. Established in 1975, IFPRI currently has more than 500 employees working in over 50 countries. It is a research center of theCGIAR Consortium, a worldwide partnership engaged in agricultural research for development.


Fournisseur de données

About IFPRI


The International Food Policy Research Institute (IFPRI) provides research-based policy solutions to sustainably reduce poverty and end hunger and malnutrition in developing countries. Established in 1975, IFPRI currently has more than 500 employees working in over 50 countries. It is a research center of theCGIAR Consortium, a worldwide partnership engaged in agricultural research for development.


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