This paper explores potential channels through which information technology (IT) affects economic development. The channel emphasized here is the reduction of transaction costs through the use of information technology. We discuss the nature of transaction costs, their possible impacts on...

This thesis addresses 3 different aspects of food and poverty related problems in developing countries. The first essay presents a new operational concept of transaction costs that firstly allows assessing the magnitude and secondly recognizing the non homogeneity of food products. This is...

Commodity prices have become volatile over the past 2 decades, and their recent sharp decline has decreased the consumer price index inflation rates for most economies. While many Asian economies have benefited from low international oil and food prices, commodity exporters have suffered. Thus,...