The Politics of Order in Informal Markets: Evidence From Lagos

The Politics of Order in Informal Markets: Evidence From Lagos
Title The Politics of Order in Informal Markets: Evidence From Lagos PDF eBook
Author Shelby Grossman
Publisher
Pages
Release 2016
Genre
ISBN

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Property rights are important for economic exchange, but in much of the world they are not publicly provided. Private market organizations can fill this gap by providing an institutional structure to enforce agreements, but with this power comes the ability to extort from the group's members. Under what circumstances will private organizations provide a stable environment for economic activity? Using original survey data collected from 1,878 randomly sampled traders across 269 markets, 68 market leaders, and 55 government revenue collectors across 57 local governments in Lagos, Nigeria, along with market case studies, I find that strong markets maintain sophisticated institutions to support trade not in the absence of government, but rather as a response to active interference. I argue that market organizations develop and enforce pro-trade institutions when threatened by politicians they perceive as predatory, and when the organization can respond with threats of its own. Under such a balance of power, the organization will not extort because it needs the support of the traders it represents in order to keep threats credible.

The Politics of Order in Informal Markets

The Politics of Order in Informal Markets
Title The Politics of Order in Informal Markets PDF eBook
Author Shelby Grossman
Publisher Cambridge University Press
Pages 167
Release 2021-06-24
Genre Business & Economics
ISBN 1108833497

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This book introduces a theory for how the state shapes private governance, leveraging data from informal markets in Lagos, Nigeria.

The Politics of Order in Informal Markets

The Politics of Order in Informal Markets
Title The Politics of Order in Informal Markets PDF eBook
Author Shelby Grossman
Publisher Cambridge University Press
Pages 167
Release 2021-06-24
Genre Political Science
ISBN 1108988105

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Property rights are important for economic exchange, but many governments don't protect them. Private market organizations can fill this gap by providing an institutional structure to enforce agreements, but with this power comes the ability to extort group members. Under what circumstances, then, will private organizations provide a stable environment for economic activity? Based on market case studies and a representative survey of traders in Lagos, Nigeria, this book argues that threats from the government can force an association to behave in ways that promote trade. The findings challenge the conventional wisdom that private good governance in developing countries thrives when the government keeps its hands off private group affairs. Instead, the author argues, leaders among traders behave in ways that promote trade primarily because of the threat of government intrusion.

Identity Economics

Identity Economics
Title Identity Economics PDF eBook
Author Kate Meagher
Publisher African Books Collective
Pages 254
Release 2010
Genre Business & Economics
ISBN 978081373X

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This title traces the rise of two dynamic informal enterprise clusters in Nigeria and explores their slide into trajectories of Pentecostalism, poverty and violent vigilantism.

Inside Countries

Inside Countries
Title Inside Countries PDF eBook
Author Agustina Giraudy
Publisher Cambridge University Press
Pages 389
Release 2019-06-13
Genre Political Science
ISBN 110849658X

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Offers a groundbreaking analysis of the distinctive substantive, theoretical and methodological contributions of subnational research in the field of comparative politics.

The Informal Economy

The Informal Economy
Title The Informal Economy PDF eBook
Author Ioana Horodnic
Publisher Routledge
Pages 236
Release 2017-09-22
Genre Business & Economics
ISBN 1351655310

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During much of the twentieth century, informal employment and entrepreneurship was commonly depicted as a residue from a previous era. Its continuing presence was seen to be a sign of "backwardness" whilst the formal economy represented "progress". In recent decades, however, numerous studies have revealed not only that informal employment is extensive and persistent but also that it is growing relative to formal employment in many populations. Whilst in the developing world, the informal economy is often found to be the mainstream economy, nevertheless, in the developed world too, informality is currently still estimated to account for notable per cent of GDP. The Informal Economy: Exploring Drivers and Practices intends to engage with these issues, providing a much-need ‘contextualised’ approach to explain the persistence and growth of forms of informal economic practices and entrepreneurial activities in the twenty-first century. Using a diverse range of empirical case studies from Europe, Africa, North Africa and Asia, this book unpacks the different varieties of forms of informal work and entrepreneurship and provides a critical analysis of existing theorisations used to explain such phenomena. This book’s aim is to examine the nature and persistence of informal work and entrepreneurship, across a variety of empirical settings, from within the developed world, the developing world and within transformation economies within post-socialist spaces. Given its worldwide, interdisciplinary and multidisciplinary approach and recent interest in the informal economies by a number of disciplines and organisations, this book will be of vital reading to those operating in the fields of: Economics, political economy and management, Human and economic geography and Economic anthropology and sociology as well as development studies

The Puzzle of Prison Order

The Puzzle of Prison Order
Title The Puzzle of Prison Order PDF eBook
Author David Skarbek
Publisher Oxford University Press
Pages 240
Release 2020-07-01
Genre Political Science
ISBN 019067251X

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Many people think prisons are all the same-rows of cells filled with violent men who officials rule with an iron fist. Yet, life behind bars varies in incredible ways. In some facilities, prison officials govern with care and attention to prisoners' needs. In others, officials have remarkably little influence on the everyday life of prisoners, sometimes not even providing necessities like food and clean water. Why does prison social order around the world look so remarkably different? In The Puzzle of Prison Order, David Skarbek develops a theory of why prisons and prison life vary so much. He finds that how they're governed-sometimes by the state, and sometimes by the prisoners-matters the most. He investigates life in a wide array of prisons-in Brazil, Bolivia, Norway, a prisoner of war camp, England and Wales, women's prisons in California, and a gay and transgender housing unit in the Los Angeles County Jail-to understand the hierarchy of life on the inside. Drawing on economics and a vast empirical literature on legal systems, Skarbek offers a framework to not only understand why life on the inside varies in such fascinating and novel ways, but also how social order evolves and takes root behind bars.