Relationships and Traders in Madagascar

@inproceedings{Fafchamps1998RelationshipsAT,
  title={Relationships and Traders in Madagascar},
  author={Marcel Fafchamps and Bart Minten},
  year={1998}
}
This paper documents the role that personal relationships play in economic exchange. Original survey data show that agricultural traders in Madagascar perceive relationships as the most important factor for success in their business. Evidence details the extent to which relationships are used to serve a variety of purposes such as: the circulation of… CONTINUE READING

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