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Titlebook: Community, Market and State in Development; Keijiro Otsuka,Kaliappa Kalirajan Book 2010 Palgrave Macmillan, a division of Macmillan Publis

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https://doi.org/10.1007/978-981-99-1494-4farm products, which lowers the earnings of farmers and associated rural businesses in developing countries. That worsened between the 1950s and the early 1980s (Anderson et al., 1986), thereby adding to global inequality and poverty because three-quarters of the world’s poorest people depend direct
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New Biogeochemical Proxies in Seep Bivalves, trend, beginning in the 1990s. For nearly three decades, from the mid-1950s to the oil crisis of 1973–4, the Japanese economy had recorded an exceptionally high rate of growth of about 10 percent per year, during which its real GDP per capita nearly trebled. As a result, Japan advanced from being a
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https://doi.org/10.1007/978-1-349-81455-8al development, which is often thwarted by both market and state failures, the “community mechanism” has a particular and promising role to play. It is one of Yujiro Hayami’s unique contributions to the economics literature that he developed “a conceptual framework for economists” that emphasizes th
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https://doi.org/10.1007/978-1-349-10039-2ful field observations, based on the economic theories of games and transaction costs, have helped us understand the roles of community mechanisms in rural markets (Aoki and Hayami, 2001a; Hayami and Kikuchi, 2000; Hayami and Otsuka, 1993). He argues that the major barrier against the development of
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