EconPapers    
Economics at your fingertips  
 

Towards the Emergence of Constitutive Rules for Equitable Agribusiness Value Chains

Robin Bourgeois

No 7923, 106th Seminar, October 25-27, 2007, Montpellier, France from European Association of Agricultural Economists

Abstract: Agribusiness value chains in developing countries have experienced the impact of a double State reform process. The first generation of reforms imposed through the Washington Consensus aimed at economic stabilization, reduction of State budget deficits, and removal of trade barriers. The second generation focuses more on institution building in particular the creation of effective and independent regulatory agencies. This process puts institutional change in the foreground and therefore faces the resistance of entrenched vested interests. This paper develops the concept of quaternary institutions, that is, constitutive institutions for governance and discusses the conditions of emergence of new co-ordination rules in agribusiness value chains in developing countries that favour the inclusion of smallholders and less powerful stakeholders. A brief review of relevant concepts in institutional economics is conducted to clarify the role, the forms and the functions of these institutions. It leads to paying special attention to information generation and sharing as a crucial factor of institutional change. The role diverse actors such as the State, private organisations and external bodies can play in the emergence of quaternary institutions is then highlighted.

Keywords: Agribusiness (search for similar items in EconPapers)
Pages: 16
Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://ageconsearch.umn.edu/record/7923/files/sp07bo01.pdf (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:ags:eaa106:7923

DOI: 10.22004/ag.econ.7923

Access Statistics for this paper

More papers in 106th Seminar, October 25-27, 2007, Montpellier, France from European Association of Agricultural Economists Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().

 
Page updated 2021-01-16
Handle: RePEc:ags:eaa106:7923