1 Introduction 1.1 Antecedents 1.2 Prospectus 2 Stagnation and Development 2.1 Introduction 2.2 Market equilibrium and suboptimality 2.3 The persistence of poverty 2.4 Agrarian stagnation: the technical constraints 2.5 Tenure and technology 2.6 The law, property rights and stagnation 2.7 The optimality of institutions 3 Theories of Agricultural Land Tenure and Land Markets 3.1 Introduction 3.2 Tenancy 3.3 The land market 4 Labour Market Institutions and Wage Formation 4.1 Introduction 4.2 Surplus labour and open unemployment 4.3 Efficiency wage, unemployment and two-tier labour markets 4.4 Freedom and bondage 5 The Credit Market 5.1 Introduction 5.2 Institutional credit 5.3 Market fragmentation 5.4 Shortages and rationing 5.5 Nonlinear pricing and the structure of interest rates 6 Interlinkage and Triadic Interactions 6.1 Introduction 6.2 Efficiency and exploitation 6.3 Interlinkage 6.4 Triadic interactions 6.5 A comment on coercion 7 Conclusion Notes to sections References Index
1 Introduction 1.1 Antecedents 1.2 Prospectus 2 Stagnation and Development 2.1 Introduction 2.2 Market equilibrium and suboptimality 2.3 The persistence of poverty 2.4 Agrarian stagnation: the technical constraints 2.5 Tenure and technology 2.6 The law, property rights and stagnation 2.7 The optimality of institutions 3 Theories of Agricultural Land Tenure and Land Markets 3.1 Introduction 3.2 Tenancy 3.3 The land market 4 Labour Market Institutions and Wage Formation 4.1 Introduction 4.2 Surplus labour and open unemployment 4.3 Efficiency wage, unemployment and two-tier labour markets 4.4 Freedom and bondage 5 The Credit Market 5.1 Introduction 5.2 Institutional credit 5.3 Market fragmentation 5.4 Shortages and rationing 5.5 Nonlinear pricing and the structure of interest rates 6 Interlinkage and Triadic Interactions 6.1 Introduction 6.2 Efficiency and exploitation 6.3 Interlinkage 6.4 Triadic interactions 6.5 A comment on coercion 7 Conclusion Notes to sections References Index
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