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Relationships and Traders in Madagascar.

Abstract:

This article documents the role that personal relationships play in economic exchange. Original survey data show that agricultural traders in Madagascar perceive relationships as the most important factor for success in their business. Evidence details the extent to which relationships are used to serve a variety of purposes such as: the circulation of information about prices and market conditions; the provision of trade credit; the prevention and handling of contractual difficulties; the re...

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Authors


Marcel Fafchamps More by this author
Bart Minten More by this author
Journal:
Journal of Development Studies
Volume:
35
Publication date:
1999
URN:
uuid:4e4c7d94-19c6-4e55-988e-e17830c3d799
Local pid:
oai:economics.ouls.ox.ac.uk:10884
Language:
English

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