Exchange and Markets in Early Economic Development: Informal Economy in the Three New Guineas

John Conroy

    Research output: Book/ReportBook

    Abstract

    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.
    Original languageEnglish
    Place of PublicationOxford
    PublisherBerghahn Books
    Number of pages296
    Edition1st
    ISBN (Print)9781800739697
    DOIs
    Publication statusPublished - 2023

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