INTD 200 Lecture Notes - Perfect Competition, Dependency Ratio, Social Capital
23 Nov 2012
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Document Summary
What is a peasant? (characteristics of a rural" household/community) Example of livelihood analysis: bajo fishing people of sulawesi, indonesia. Dominant econ activity = smallholder farming (crops, livestock) Access to land basis for their livelihood (tenure very imp) One foot in the market, the other in subsistence partial integration into imperfect markets . Imperfect markets: markets not op in fair compet (incomplete info, probs w/transportation ) Pluri-activity: diversity of activities w/in + b/w households. Cash + in-kind income (what they produce themselves that they otherwise would have needed to buy), farm, off-farm, non-farm income. Unit of production + consumption (both family + enterprise) Family/household labour is defining econ charac (although may hire/sell labour seasonally) Access to financial capital + capital" equipment (tractors, agricul inputs) often limited/unreliable (credit/loans through middlemen, merchants, moneylenders) If produce crops of market b/c imperfect market, prices may be lower than going market price. Webs of mutual assistance as social safety net.
