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The Impact of Informal Institutions on Agricultural Production and Marketing : The Experience of Sri Lanka

Warnakulasooriya Mudiyanselage Aluth Gedara Hemantha Anuradha Premarathne

2012Institutional Repositories DataBase (IRDB)Economics, Econometrics and Finance被引 4开放获取

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摘要

Contrary to the conventional belief that agricultural development in developing countries primarily depends on the provision of formal institutions, many countries have recognized from their past experiences that formal institutions alone will not help to achieve agricultural development without positive support from their informal institutions.It is a generally known phenomenon that developing countries have introduced various types of formal institutions (organizations, markets, rules and regulations, technology, constitutions, etc.) without considering the importance of the informal institution in agricultural development.This was one of the main reasons that the growth rate of agricultural development, especially per capita food supply remains lower in developing countries.Therefore, it is important to achieve favorable support from the informal institutions (culture, attitude, ethics, customs, caste, political beliefs, mutual trust, leadership, etc.) to formal institutions to implement efficiently any type of development policy of the agricultural sector.The present study attempts to investigate how informal institutions are effecting achievement in agricultural development, particularly the growth of production and marketing of agricultural products with special reference to Sri Lanka.*%-&(+/, .#$'.") -# "-

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Warnakulasooriya Mudiyanselage Aluth Gedara Hemantha Anuradha Premarathne. The Impact of Informal Institutions on Agricultural Production and Marketing : The Experience of Sri Lanka[J]. Institutional Repositories DataBase (IRDB), 2012.

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