
Communities and Markets in Economic Development
Oxford University Press
Published on 31. May 2001
Book
Hardback
444 pages
978-0-19-924101-9 (ISBN)
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.
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.
Reviews / Votes
... a highly stimulating volume with a sharp focus and a coherent theme. Both academic researchers and policy-makers would benefit immensely from a careful reading of the rich and scholarly papers. * Development and Change * ... a collection that illuminates a wide range of analytical and policy concerns with rare originality and scholarship. * Development and Change *More details
Language
English
Place of publication
Oxford
United Kingdom
Target group
Professional and scholarly
Illustrations
line figures
Dimensions
Height: 240 mm
Width: 161 mm
Thickness: 28 mm
Weight
828 gr
ISBN-13
978-0-19-924101-9 (9780199241019)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Persons
Masahiko Aoki is Henri and Tomoye Takahashi Professor of Japanese Studies and Professor of Economics at Stanford University and Director-General of the Research Institute of Japan's Ministry of International Trade and Industry. His work on the theory of the firm, the Japanese economy, and comparative economic institutions has given rise to many widely read publications, including The Japanese Main Bank System (co-edited with Hugh Patrick) and The Co-operative Game Theory of the Firm.
Editor
Henri and Tomoye Takahashi Professor, Economics DepartmentHenri and Tomoye Takahashi Professor, Economics Department, Stanford University, and Director General, Research Institute, Ministry of International Trade and Industry, Government of Japan
Director, FASID Graduate Programme, and ProfessorDirector, FASID Graduate Programme, and Professor, National Graduate Institute for Policy Studies, Japan
Content
Introduction: Communities and Markets in Economic Development ; PART I. THEORETICAL AND HISTORICAL PERSPECTIVES ; 1. Impersonal Exchange and the Origin of Markets: From the Community Responsibility System to Individual Legal Responsibility in Pre-modern Europe ; 2. Community and Market in England: Open Fields and Enclosures Revisited ; 3. The Two Paths of Agrarian System Evolution in the Philippine Rice Bowl ; 4. Community Norms and Embeddedness: A Game-Theoretic Approach ; PART II. COMMUNITY IN MARKET DEVELOPMENT ; 5. Middlemen in a Peasant Community: Vegetable Marketing in Indonesia ; 6. Market Integrators for Rural-based Industrialization: The Case of the Hand-Weaving Industry in Laos ; 7. The Role of Business Networks in Market Development in Sub-Saharan Africa ; 8. Risk and Insurance in Transition: Perspectives from Zhouping County, China ; PART III. GOVERNANCE OF LOCAL COMMONS ; 9. Water Community: An Empirical Analysis of Cooperation on Irrigation in South India ; 10. State and Community in the Deterioration of a National Irrigation System ; 11. Evolution and Consequences of Community Forest Management in the Hill Region of Nepal ; 12. Liberal Reforms and Community Responses in Mexico ; 13. Community Arrangements to Overcome Market Failures: Pooling Groups in Japanese Fisheries ; 14. Comments