THE INSTITUTIONAL ECONOMICS OF RURAL DEVELOPMENT: BEYOND MARKET FAILURE

This paper examines and compares institutional arrangements addressing market failures endemic to rural areas. It argues that rural market failures cannot be satisfactorily addressed by for-profit firms and thus require the operation of third sector organizations, such as NGOs, cooperatives, and ass...

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Bibliographic Details
Main Authors: Vladislav VALENTINOV, Sabine BAUM
Format: Article
Language:Bulgarian
Published: University of Zagreb, Faculty of Agriculture 2009-03-01
Series:Journal of Central European Agriculture
Subjects:
Online Access:http://jcea.agr.hr/articles/591_THE_INSTITUTIONAL_ECONOMICS_OF_RURAL_DEVELOPMENT_BEYOND_MARKET_FAILURE_en.pdf