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Community Networks and the Process of Development

Bibliographic Data

ID4030000
AuthorsKaivan Munshi (Kaivan Munshi is Frank Ramsey Professor of Economics, University of Cambridge, Cambridge, United Kingdom. His email address is ., corresponding author)
Year2014
Volume28
Issue4
Pages49-76
Publication date2014-11-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Journal of Economic Perspectives (JOURNAL)
Journal identifiersISSN: 0895-3309 • E-ISSN: 1944-7965
PublisherAmerican Economic Association (PUBLISHER • US)
DOI10.1257/jep.28.4.49
OpenAlexW2059952860
LanguageEN
Citations received49
References cited56

My objective in this paper is to lay the groundwork for a new network-based theory of economic development. The first step is to establish that community-based networks are active throughout the developing world. Plenty of anecdotal and descriptive evidence supports this claim. However, showing that these networks improve the economic outcomes of their members is more of a challenge. Over the course of the paper, I will present multiple strategies that have been employed to directly or indirectly identify network effects. The second step is to look beyond a static role for community networks, one of overcoming market failures and improving the outcomes of their members in the short-run, to examine how these informal institutions can support group mobility. A voluminous literature documents the involvement of communities in internal and international migration, both historically and in the contemporary economy. As with the static analysis, the challenge here is to show statistically that community networks directly support the movement of groups of individuals. I will show how predictions from the theory can be used to infer a link between networks and migration in very different contexts

Business · Economic growth · Economics · Political science · Public relations · Sociology · Computer Science · Microfinance and Financial Inclusion · Poverty, Education, and Child Welfare · Taxation and Compliance Studies

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Unique citing works49
Citations per year4,45
Citation span2015 - 2026 (12)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 47

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