Communities and Markets in Economic Development

Name: Communities and Markets in Economic Development
Brand: OUP Oxford
Availability: OutOfStock
Rating: 5 (1 reviews)

By Masahiko Aoki

0 - Default Title

Description

This book explores the role of community in facilitating the transition to market relationships in economic development, and in controlling and sustaining local public goods such as irrigation, forests, grazing land, and fishing grounds. Previously it was customary to classify economic systems in terms of varying combinations of state and market control of resource allocation. In contrast, this book recognizes community as the third major element of economic systems. This new approach also departs from the conventional view that markets and community norms should be treated as mutually exclusive means of organizing economic activity, instead clarifying the situations in which they may become complementary. Further discussion focuses on the conditions under which management of local commons can, and should, be delegated to local communities rather than subjected to the control of central government.

These and other issues are investigated by twenty-one leading scholars from economic history, development economics, agricultural economics, and institutional economics. The resulting volume is the latest in a set of four books about East Asian developmental experiences, co-sponsored by the Economic Institute of the World Bank and the Stanford Institute of Economic Policy Research. It will appeal to economists and other social scientists with an interest in economic development, history, comparative systems, and institutional economics.

Product details

Edition:

1

Number of Pages:

444

Release Date:

2001-08-09

Publication Date:

2001-03-31

Publisher:

OUP Oxford

Languages:

Original: English

ISBN10:

0199241015

ISBN13:

9780199241019

GPSR Manufacturer Reference:

[email protected]

Weight:

828 g

Height:

161 cm

Width:

240 cm

Thickness:

28 cm

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