Institutional Innovations to Reduce High Transaction Costs and Risks in Smallholder Markets in Ghana

Alfred Mensah

European Journal of Development Studies, 2022, vol. 2, issue 4, 79-84

Abstract: This article analyses institutional innovations to address high transaction costs and risks involved in the interaction between traders (agents) and smallholder farmers in rural markets of Ghana. A mixed methods design was used to collect data from participants. The findings from the study revealed possible institutional innovations to address high transaction costs and risks to facilitate smallholder farmers' market access in rural agricultural markers of Ghana. These include the introduction of a new contract farming arrangement, cooperative society, smallholder farmers’ participation in decision-making, and the government's direct intervention.

Keywords: High Transaction Costs; Institutional Innovations; Transaction Risks; Smallholder Farmers. (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://eu-opensci.org/index.php/ejdevelop/article/view/15147 Abstract page (text/html)
https://eu-opensci.org/index.php/ejdevelop/article/download/15147/3397 Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:epw:develo:v:2:y:2022:i:4:id:15147

DOI: 10.24018/ejdevelop.2022.2.4.147

Access Statistics for this article

More articles in European Journal of Development Studies from European Open Science
Bibliographic data for series maintained by Support Team ().