000 02415nam a2200397 i 4500
001 CR9781108984980
003 UkCbUP
005 20240301142639.0
006 m|||||o||d||||||||
007 cr||||||||||||
008 200904s2021||||enk o ||1 0|eng|d
020 _a9781108984980 (ebook)
020 _z9781108833493 (hardback)
020 _z9781108984713 (paperback)
040 _aUkCbUP
_beng
_erda
_cUkCbUP
043 _ad------
050 0 0 _aHD2346.5
_b.G76 2021
082 0 0 _a381
_223
100 1 _aGrossman, Shelby,
_eauthor.
245 1 4 _aThe politics of order in informal markets :
_bhow the state shapes private governance /
_cShelby Grossman, Stanford University, California.
264 1 _aCambridge :
_bCambridge University Press,
_c2021.
300 _a1 online resource (xv, 149 pages) :
_bdigital, PDF file(s).
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 1 _aCambridge studies in economics, choice, and society
500 _aTitle from publisher's bibliographic system (viewed on 09 Jul 2021).
520 _aProperty rights are important for economic exchange, but many governments don't protect them. Private market organizations can fill this gap by providing an institutional structure to enforce agreements, but with this power comes the ability to extort group members. Under what circumstances, then, will private organizations provide a stable environment for economic activity? Based on market case studies and a representative survey of traders in Lagos, Nigeria, this book argues that threats from the government can force an association to behave in ways that promote trade. The findings challenge the conventional wisdom that private good governance in developing countries thrives when the government keeps its hands off private group affairs. Instead, the author argues, leaders among traders behave in ways that promote trade primarily because of the threat of government intrusion.
650 0 _aInformal sector (Economics)
_zDeveloping countries.
650 0 _aEconomic policy
_zDeveloping countries.
650 0 _aBusiness and politics
_zDeveloping countries.
650 0 _aPrivate companies
_zDeveloping countries.
776 0 8 _iPrint version:
_z9781108833493
830 0 _aCambridge studies in economics, choice, and society.
856 4 0 _uhttps://doi.org/10.1017/9781108984980
999 _c9788
_d9788