Informal Markets in Developing Countries

by Jagannathan and N. Vijay Jagannathan

Examining the importance of personalized interchanges between transactions in developing countries, Jagannathan here argues for the need to refashion the paradigms which underly theories of development by highlighting the importance of informal institutional arrangements in production and exchange. For most of the poor in developing countries, he maintains, wealth often exists in the form of regular behavioral relations that acquire the characteristics...

• Format: Hardcover
• Language: English
• ISBN: 0195040880
• ISBN13: 9780195040883
• Release Date: September 1987
• Publisher: Oxford University Press, USA
• Length: 150 Pages
• Weight: 1.02 lbs.
• Dimensions: 0.8" x 6.4" x 9.5"