Data/hora: 01/06/2024 09:22:10

Provedor de dados: | 31
País: | United States
Título: | Market and Coordination Failures in Poor Rural Economies: Policy Implications for Agricultural and Rural Development
Autores: | Dorward,   Andrew; Kydd,   Jonathan; Poulton,   Colin.
Data: | 2007-06-27
Ano: | 2004
Palavras-chave: | Development; Coordination; Markets; Institutions; Marketing; O12; O17; Q12.
Resumo: | This paper argues that the disappointing outcomes of adjustment policies in poor rural economies, principally in sub-Saharan Africa, can be partly attributed to weaknesses in the neo-classical theory which underlies these polices and from associated failures to recognise structural changes (or transitions) in growing agricultural economies. After a brief description of agricultural policy changes in sub Saharan Africa, the mixed achievements of market liberalisation policies are explained using new institutional economic arguments regarding inherent difficulties in economic coordination in poor economies, difficulties which markets themselves cannot overcome. A novel framework is put forward for understanding coordination failure and integrating it with other causes of under-development – notably low levels of technical and institutional development and poor governance. The paper concludes by considering the implications of these arguments for development policies in different sub-Saharan economies.
Tipo: | Conference Paper or Presentation
Idioma: | Inglês

Identificador:

26152

http://purl.umn.edu/9535

Editor: | AgEcon Search

Relação:

African Association of Agricultural Economists (AAAE)&gt;2004 Inaugural Symposium, December 6-8, 2004, Nairobi, Kenya

AAAE Conference Proceedings No.1

Formato:

19

application/pdf