Promises and Realities of Community-Based Agricultural Extension

摘要: Economists have often neglected the role of community as a third pillar in economic system next to state and market. Yet agricultural development, which is thwarted by both market failures, “community mechanism” has particular promising play. It one Yujiro Hayami’s unique contributions economics literature that he developed “a conceptual framework for economists” emphasizes communities shows how contested concept social capital can be applied analyze them from an perspective (Hayami, 2009). At same time, Hayami not romanticist” — well aware that, just like states markets, also fail.