Transaction Costs, Institutions, and Contractual Choices in the Ethiopian Grain Market PDF Download
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Author: Eleni Zaude Gabre-Madhin
Publisher:
ISBN:
Category : Grain
Languages : en
Pages : 404
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Book Description
Author: Eleni Zaude Gabre-Madhin
Publisher:
ISBN:
Category : Grain
Languages : en
Pages : 404
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Book Description
Author: Eleni Zaude Gabre-Madhin
Publisher: Intl Food Policy Res Inst
ISBN: 089629126X
Category : Business & Economics
Languages : en
Pages : 116
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Book Description
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.
Author: Douglass Cecil North
Publisher: Ics Press
ISBN: 9781558152113
Category : Economic development
Languages : en
Pages : 32
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Author: Mitch Renkow, and Roger Slade
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Social Science
Languages : en
Pages : 142
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Book Description
Author: Thomas S. Jayne
Publisher: Nova Publishers
ISBN: 9781590333440
Category : Business & Economics
Languages : en
Pages : 294
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Book Description
Perspectives on Agricultural Transformation - A View From Africa
Author: Marcel Fafchamps
Publisher: World Bank Publications
ISBN:
Category : Agriculture
Languages : en
Pages : 74
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Book Description
Surveys of the operation of agricultural traders in two Sub-Saharan African countries suggest that their performance would benefit from policies aimed at increasing their asset base, reducing transaction risk, promoting more sophisticated business practices, and reducing physical marketing costs.
Author: Jennifer M. Brinkerhoff
Publisher: Oxford University Press
ISBN: 0190278234
Category : Political Science
Languages : en
Pages : 281
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Book Description
Externally-promoted institutional reform, even when nominally accepted by developing country governments, often fails to deliver lasting change. Diasporans-immigrants who still feel a connection to their country of origin-may offer an In-Between Advantage for institutional reform, which links problem understanding with potential solutions, and encompasses vision, impact, operational, and psycho-social advantages. Individuals with entrepreneurial characteristics can catalyzing institutional reform. Diasporans may have particular advantages for entrepreneurship, as they live both psychologically and materially between the place of origin they left and the new destination they have embraced. Their entrepreneurial characteristics may be accidental, cultivated through the migration and diaspora experience, or innate to individuals' personalities. This book articulates the diaspora institutional entrepreneur In-Between Advantage, proposes a model for understanding the characteristics and motivational influences of entrepreneurs generally and how they apply to diaspora entrepreneurs in particular, and presents a staged model of institutional entrepreneur actions. I test these frameworks through case narratives of social institutional reform in Egypt, economic institutional reform in Ethiopia, and political institutional reform in Chad. In addition to identifying policy implications, this book makes important theoretical contributions in three areas. First, it builds on existing and emerging critiques of international development assistance that articulate prescriptions related to alternative theories of change. Second, it fills an important gap in the literature by focusing squarely on the role of agency in institutional reform processes while still accounting for organizational systems and socio-political contexts. In doing so, it integrates a more expansive view of entrepreneurism into extant understandings of institutional entrepreneurism, and it sheds light on what happens in the frequently-invoked black box of agency. Third, it demonstrates the fallacy of many theoretical frameworks that seek to order institutional change processes into neatly definable linear stages.
Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 252
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Book Description
Author: Gioacchino Pappalardo
Publisher: Frontiers Media SA
ISBN: 2832539297
Category : Science
Languages : en
Pages : 164
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Book Description
The current international scenario with the war in Ukraine will have potential impacts on agri-food systems across the world. This scenario will change the balance of power among actors in the agri-food sector. High margins of uncertainty are common across supply chains in the face of uncontrolled increases in raw material prices and an uncertain guarantee of supply. This uncertainty is compounded by rising energy prices, putting the entire agrifood supply chain, which is highly energy-intensive, in crisis. In addition, the current war scenario could impact the demand for agricultural and food products by changing consumers' purchasing habits. Increasing the resilience of agri-food systems may need to become a priority for many national economic systems. In this scenario, the routes to achieve resilient agrifood systems are numerous and include reducing agriculture's dependence on energy, energy-intensive imports and raw material imports. Resilience also requires diversified import sources and market outlets through sound multilateral and bilateral trade policy.
Author: Silke Boger
Publisher:
ISBN:
Category : Animal industry
Languages : en
Pages : 310
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Book Description
