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Exploring Transition and Change in a Complex Traditional Market

The Case of the Rice Market in Bangladesh

Bibliographic Data

ID2285499
AuthorsK A S Murshid (0000-0001-5755-2576, Bangladesh Institute of Development Studies E17 Agargaon Dhaka Dhaka 1212 Bangladesh, corresponding author)
Year2015
Volume15
Issue4
Pages480-498
Publication date2015-10-01
Open AccessYes
TypeARTICLE
VenueJournal of Agrarian Change (JOURNAL)
Journal identifiersISSN: 1471-0358 • E-ISSN: 1471-0366
PublisherWiley (PUBLISHER • GB)
DOI10.1111/joac.12083
OpenAlexW2154752793
LanguageEN
References cited33

This paper explores the unaddressed question of how the large, complex paddy-rice market in Bangladesh is able to transform itself and evolve, in the face of changing risks and incentives, into a better-functioning market system. It notes significant but opposing trends over two decades in different areas, particularly in terms of market structure, trade circuits and exchange relations. Evidence of a sharp decline in tied transactions points to the growing importance of impersonal exchange. The underlying causes of these changes are explored, with particular reference to microfinance, remittances, rural roads and mobile telephony

Business · Economic growth · Economics · Face (sociological concept · Incentive · Industrial organization · Market economy · Microfinance · Sociology · Transition (genetics · Agriculture, Land Use, Rural Development · Indian Economic and Social Development · Social and Economic Development in India

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