Coordination risk and cost impacts on economic development in poor rural areas

Main author: Dorward, Andrew
Other authors: Kydd, Jonathan
Poulton, Colin
Bezemer, Dirk
Format: Journal Article           
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id eprints-6166
recordtype eprints
institution SOAS, University of London
collection SOAS Research Online
language English
language_search English
topic HB Economic Theory
description This paper addresses issues relevant to a critical problem in economic development: how to get rapid pro-poor economic growth in poor rural areas in Africa and South Asia where most of the world’s dollar a day poor live. It examines constraints to the development of coordinated exchange systems in poor rural areas, focusing on the core problem of thin markets and low density of economic activity in these areas. Transaction cost and risk analysis is integrated into a conventional neoclassical production economics framework to describe the existence of low level equilibrium traps in transactions and supply chains and to generate important insights for development policy.
format Journal Article
author Dorward, Andrew
author_facet Dorward, Andrew
Kydd, Jonathan
Poulton, Colin
Bezemer, Dirk
authorStr Dorward, Andrew
author_letter Dorward, Andrew
author2 Kydd, Jonathan
Poulton, Colin
Bezemer, Dirk
author2Str Kydd, Jonathan
Poulton, Colin
Bezemer, Dirk
title Coordination risk and cost impacts on economic development in poor rural areas
publisher Taylor and Francis
publishDate 2009
url https://eprints.soas.ac.uk/6166/