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Rural Development and the Construction of New Markets (Paperback)
Loot Price: R1,213
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Rural Development and the Construction of New Markets (Paperback)
Series: Routledge ISS Studies in Rural Livelihoods
Expected to ship within 12 - 17 working days
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This book focuses on empirical experiences related to market
development, and specifically new markets with structurally
different characteristics than mainstream markets. Europe, Brazil,
China and the rather robust and complex African experiences are
covered to provide a rich multidisciplinary and multi-level
analysis of the dynamics of newly emerging markets. Rural
Development and the Construction of New Markets analyses newly
constructed markets as nested markets. Although they are specific
market segments that are nested in the wider commodity markets for
food, they have a different nature, different dynamics, a different
redistribution of value added, different prices and different
relations between producers and consumers. Nested markets embody
distinction viz-a-viz the general markets in which they are
embedded. A key aspect of nested markets is that these are
constructed in and through social struggles, which in turn
positions this book in relation to classic and new institutional
economic analyses of markets. These markets emerge as steadily
growing parts of the farmer populations are dedicating their time,
energy and resources to the design and production of new goods and
services that differ from conventional agricultural outputs. The
speed and intensity with which this is taking place, and the
products and services involved, vary considerably across the world.
In large parts of the South, notably Africa, farmers are
'structurally' combining farming with other activities. By
contrast, in Europe and large parts of Latin America farmers have
taken steps to generate new products and services which exist
alongside ongoing agricultural production. This book not only
discusses the economic rationales and dynamics for these markets,
but also their likely futures and the threats and opportunities
they face.
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