Contract flexibility and conflict resolution: evidence from African manufacturing.
This paper examines the contractual practices of African manufacturing firms using survey data collected in Burundi, Cameroon, Ghana, Ivory Coast, Kenya, Zambia and Zimbabwe. Descriptive statistics and econometric results are presented. They show that contractual flexibility is pervasive and that re...
| Egile Nagusiak: | , , , , , , , , , , , |
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| Formatua: | Working paper |
| Hizkuntza: | English |
| Argitaratua: |
CSAE (University of Oxford)
1998
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| _version_ | 1826294406912671744 |
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| author | Bigsten, A Collier, P Dercon, S Fafchamps, M Gauthier, B Gunning, J Oduro, A Oostendorp, R Pattillo, C Söderbom, M Teal, F Zeufack, A |
| author_facet | Bigsten, A Collier, P Dercon, S Fafchamps, M Gauthier, B Gunning, J Oduro, A Oostendorp, R Pattillo, C Söderbom, M Teal, F Zeufack, A |
| author_sort | Bigsten, A |
| collection | OXFORD |
| description | This paper examines the contractual practices of African manufacturing firms using survey data collected in Burundi, Cameroon, Ghana, Ivory Coast, Kenya, Zambia and Zimbabwe. Descriptive statistics and econometric results are presented. They show that contractual flexibility is pervasive and that relational contracting is the norm between manufacturers, their suppliers, and their clients. The existence of long-term relations between firms helps them deal with contract non-performance through negotiation. Confrontational methods such as lawyers and courts are used when negotiations fail. Whenever confrontation can be avoided, business is resumed. |
| first_indexed | 2024-03-07T03:45:08Z |
| format | Working paper |
| id | oxford-uuid:bf36f687-57c7-42bc-a8e4-e8bcfe97e5f2 |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T03:45:08Z |
| publishDate | 1998 |
| publisher | CSAE (University of Oxford) |
| record_format | dspace |
| spelling | oxford-uuid:bf36f687-57c7-42bc-a8e4-e8bcfe97e5f22022-03-27T05:45:53ZContract flexibility and conflict resolution: evidence from African manufacturing.Working paperhttp://purl.org/coar/resource_type/c_8042uuid:bf36f687-57c7-42bc-a8e4-e8bcfe97e5f2EnglishDepartment of Economics - ePrintsCSAE (University of Oxford)1998Bigsten, ACollier, PDercon, SFafchamps, MGauthier, BGunning, JOduro, AOostendorp, RPattillo, CSöderbom, MTeal, FZeufack, AThis paper examines the contractual practices of African manufacturing firms using survey data collected in Burundi, Cameroon, Ghana, Ivory Coast, Kenya, Zambia and Zimbabwe. Descriptive statistics and econometric results are presented. They show that contractual flexibility is pervasive and that relational contracting is the norm between manufacturers, their suppliers, and their clients. The existence of long-term relations between firms helps them deal with contract non-performance through negotiation. Confrontational methods such as lawyers and courts are used when negotiations fail. Whenever confrontation can be avoided, business is resumed. |
| spellingShingle | Bigsten, A Collier, P Dercon, S Fafchamps, M Gauthier, B Gunning, J Oduro, A Oostendorp, R Pattillo, C Söderbom, M Teal, F Zeufack, A Contract flexibility and conflict resolution: evidence from African manufacturing. |
| title | Contract flexibility and conflict resolution: evidence from African manufacturing. |
| title_full | Contract flexibility and conflict resolution: evidence from African manufacturing. |
| title_fullStr | Contract flexibility and conflict resolution: evidence from African manufacturing. |
| title_full_unstemmed | Contract flexibility and conflict resolution: evidence from African manufacturing. |
| title_short | Contract flexibility and conflict resolution: evidence from African manufacturing. |
| title_sort | contract flexibility and conflict resolution evidence from african manufacturing |
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