Exchange and Markets in Early Economic Development: Informal Economy in the Three New Guineas
Language: English
Published by Berghahn Books, 2023
- Hardcover
- New

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Condition: New
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- Title
- Exchange and Markets in Early Economic Development: Informal Economy in the Three New Guineas
- Author
- John D. Conroy
- Publisher
- Berghahn Books
- Publication year
- 2023
- Condition
- New
- Binding
- Hardback
- Language
- English
- ISBN 10
- 1800739680
- ISBN 13
- 9781800739680
- Item weight
- 526 grams
- Series
- Book 10 of 12: The Human Economy
The idea of an informal economy emerged from, and is a critique of, the ideology of ‘economic development’. It originated from Keith Hart’s recognition of informal economic activity in 1960s Ghana. In the context of four colonialisms – German, British, Australian and Dutch – this book recounts Hart’s effort in 1972 to introduce the informal ‘sector’ into development planning in Papua New Guinea. This was problematic, because ‘the market’ was scarcely institutionalized, and traditional modes of exchange persisted stubbornly. Rather than conforming with post-colonial economic ideology, the subjected people pushed back against imposed bureaucracy to practice informal and hybrid modes of economic activity.
"Synopsis" may belong to another edition of this title.
About the Author
John D. Conroy has been an economist and student of 'development' since 1968. He has lived and worked in Papua New Guinea and Indonesia for lengthy periods and has also had field experience in South and East Asia, and in some of the small Pacific island nations. He is a visiting scholar at the Development Policy Centre, Crawford School of Public Policy, Australian National University.
"About the title" may belong to another edition of this title.
THE SAINT BOOKSTORE
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