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Market integration and structural transformation in a poor rural economy

Market integration and structural transformation in a poor rural economy2009

Måns Söderbom

About this book

"By developing a simple theoretical model of the impact of market integration on sectoral output and employment in a poor rural setting, this paper demonstrates that trade can induce asymmetric growth. Under certain, plausible, assumptions, the non-farm sector will grow much faster than the agricultural sector when markets become integrated. Promoting market integration may thus be an effective way of encouraging diversification beyond agriculture and catalysing structural change in poor rural economies. "--World Bank web site.

Details

First published
2009
OL Work ID
OL13784734W

Subjects

Rural development

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Book data from Open Library. Cover images courtesy of Open Library.