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Books > Business & Economics > Economics > Macroeconomics
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Exchange and Development - An Anatomy of Economic Transactions (Paperback)
Loot Price: R1,190
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Exchange and Development - An Anatomy of Economic Transactions (Paperback)
Expected to ship within 12 - 19 working days
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This innovative and important book develops a new framework for
analysing exchange that takes place within and outside markets over
the course of development. The authors argue that development and
social and economic progress are greatly enhanced by a fluent and
efficient exchange system. Conversely, the process of development
encourages and facilitates trade. The authors introduce the concept
of exchange configurations to capture the multiplicity of settings
within which exchange occurs and the many different forms exchange
and transactions can take. The book shows how exchange
configurations can help to identify the factors that constrain the
exchange process and lead to the formulation of effective reforms.
It then uses a historical analysis of systems of exchange during
different phases of development over the last two millennia to
illustrate different exchange configurations. Exchange and
Development will appeal to students at both the graduate and
undergraduate level in the fields of economic development,
international trade, microeconomics, institutional economics and
economic history. Researchers in universities and policy makers in
governments and international agencies will also draw much benefit
from the entirely novel approach formulated in this book.
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