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agricultural development literature has begun exploring the appropriate structure of third-party facilitated institutions and … enforcement mechanisms to support linking small farmers to markets. Based upon a series of long-term qualitative and quantitative … analyses of the instrumental case of USDA Marketing Assistance Project in Armenia, we use a grounded theory approach to develop …
Persistent link: https://www.econbiz.de/10009370720
institutions, and tests whether such labor rigidities are conducive to long-run growth. We find that non-enforceable labor …
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We study how the efficient choice of contract enforcement interacts with the efficient allocation of capital in a … simple production economy. Contract enforcement makes trade possible but requires an aggregate investment of capital that is … invest more resources in enforcement. Furthermore, implementing the optimal allocation requires a specific distribution of …
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Projects and policies targeted at reducing emissions from deforestation and forest degradation (REDD+) frequently emphasize the articulation of property rights that are new, formalized or revised. A major question for successful REDD+ implementation, and forest sector reform more broadly, is how...
Persistent link: https://www.econbiz.de/10010785122
opportunities. This implies that trustworthiness may be evolutionary stable in the long-term. Although stricter enforcement (that …
Persistent link: https://www.econbiz.de/10005040701
provides stronger enforcement of contracts facilitates the development of financial markets, which, in turn, enables firms to …
Persistent link: https://www.econbiz.de/10005710095