Development, markets and trust

Journal of International Development

Volumn 10, Issue 3, 1998, Pages 357-371

  Grabowski, Richard ^a  

^a SOUTHERN ILLINOIS UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

DEVELOPMENT THEORY; MARKET DEVELOPMENT; TRANSACTION COST;

EID: 0031855276     PISSN: 09541748     EISSN: None     Source Type: Journal    
DOI: 10.1002/(SICI)1099-1328(199805/06)10:3<357::AID-JID480>3.0.CO;2-W     Document Type: Article

References (35)

1. For a discussion of these issues see Wing Thye Woo, 'The Art of Economic Development: Markets, Politics, and Externalities', International Organization 44 (Summer 1990), pp.403-429.
2. Alice Amsden, Asia's Next Giant: South Korea and Late Industrialization (New York: Oxford University Press, 1989).
3. See Richard Grabowski, 'Import substitution, export promotion, and the state in economic development', Journal of Developing Areas 28 (July 1994), pp. 535-554.
4. Heinz W. Arndt, ' "Market failure" and underdevelopment', World Development 16 (1988), pp.219-229.
5. See the work of Douglass North and Robert P. Thomas, The Rise of the Western World: A New Economic History (Cambridge: Cambridge University Press, 1973). An anonymous reviewer has pointed out that there is an older tradition of institutional analysis of the origins of markets. This is best represented by the work of John Hicks, A Theory of Economic History (London: Oxford University Press, 1969), pp.25-41.
6. See the work of Douglass North and Robert P. Thomas, The Rise of the Western World: A New Economic History (Cambridge: Cambridge University Press, 1973). An anonymous reviewer has pointed out that there is an older tradition of institutional analysis of the origins of markets. This is best represented by the work of John Hicks, A Theory of Economic History (London: Oxford University Press, 1969), pp.25-41.
7. For further discussion of related issues see Robert H. Bates, 'Contra contractorianism: some relfections on the new institutionalism', Politics and Society 16 (June-September 1988), pp. 387-401.
8. For a discussion of this concept see David M. Kreps, 'Corporate culture and economic theory'. In James E. Alt and Kenneth A. Shepsle (eds) Perspectives On Positive Political Economy (Cambridge: Cambridge University Press, 1990), pp. 106-108.
9. Jean-Phillippe Platteau, 'Behind the market stage where real societies exist-part I: The role of public and private order institutions', Journal of Development Economics 30 (April 1994), p. 548.
10. Mark Granovetter, 'Economic action and social structure: the problem of embeddedness', American Journal of Sociology 91 (November 1985), pp. 481-510.
11. Ibid., p. 489.
12. Platteau, 'Behind the market stage where real societies exist-Part I', pp. 552-553.
13. Michael Lipton, 'The prisoners' dilemma and Cease's theorem: a case for democracy in less developed countries?'. In R. C. O. Mathews, (ed.) Economy and Democracy (London: Macmillan, 1985), pp. 49-109.
14. Jean-Phillippe Platteau, 'Behind the market stage where real societies exist-part II: The role of moral norms', Journal of Development Studies 30 (April 1994), p. 802.
15. Ibid., p. 802.
16. Mick Moore, 'How difficult is it to construct market relations? A commentary on Platteau', Journal of Development Studies 30 (April 1994), pp. 818-830.
17. Ibid., p. 822.
18. Ibid., p. 823.
19. Ibid.
20. This discussion here accords with the discussion of middlemen in Mark Casson, Economics of Business Culture: Game Theory, Transaction Costs, and Economic Performance (New York: Oxford University Press, 1991).
21. The stimulus for the discussion which follows was provided by the work of Brian Levy, 'Export traders, market development, and industrial expansion', Research Memorandum Series, Williams College, Center for Development Economics, 1989.
22. George Akerlof, 'The Market for "Lemons"' Quality uncertainty and the market mechanism', Quarterly Journal of Economics 84 (1970), p. 496.
23. Moore, 'How Difficult is it to Construct Market Relations?' pp. 822-823.
24. Ibid., p. 823.
25. See Yujiro Hayami and Vernon Ruttan, Agricultural Development: An International Perspective (Baltimore: Johns Hopkins, 1985).
26. Robert H. Bates, 'Lessons from history, or the perfidy of English exceptionalism and the significance of historical France', World Politics 60 (July 1988), pp. 499-516.
27. Ibid., pp. 511-512.
28. See Thomas C. Smith, Native Sources of Japanese Industrialization, 1750-1920 (Berkeley, California: University of California Press, 1988); and Thomas C. Smith, The Agrarian Origins of Modern Japan (Stanford, California: Stanford University Press, 1959).
29. See Thomas C. Smith, Native Sources of Japanese Industrialization, 1750-1920 (Berkeley, California: University of California Press, 1988); and Thomas C. Smith, The Agrarian Origins of Modern Japan (Stanford, California: Stanford University Press, 1959).
30. Kym Andersen, 'Growth of agricultural protection in East Asia', Food Policy 8 (November 1983), p.331.
31. Yujiro Hayami, 'Rice policy in Japan's economic development', American Journal of Agricultural Economics (February 1972), p. 22.
32. Kym, 'Growth of agricultural protection in East Asia'.
33. Please see R. Meyers and A. Ching, 'Agricultural development in Taiwan under Japanese colonial rule', Journal of Asian Studies 23 (1964), p. 562 and R. W. Myers and Y. Saburō, 'Agricultural development in the Empire'. In R. H. Myers and M. R. Peattie (eds) The Japanese Colonial Empire, 1895-1945 (Princeton: Princeton University Press, 1984), pp. 421-427.
34. Please see R. Meyers and A. Ching, 'Agricultural development in Taiwan under Japanese colonial rule', Journal of Asian Studies 23 (1964), p. 562 and R. W. Myers and Y. Saburō, 'Agricultural development in the Empire'. In R. H. Myers and M. R. Peattie (eds) The Japanese Colonial Empire, 1895-1945 (Princeton: Princeton University Press, 1984), pp. 421-427.
35. C. P. Timmer, 'Rural bias in the east and south-east Asian rice economy: Indonesia in Comparative Perspective'. In Ashutosh Varshney, (ed.) Beyond Urban Bias (London: Frank Cass and Company Limited, 1995), pp. 149-176.