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 Periodical article |
 Leiden University catalogue |
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| Title: | The Roles of Customary and Modern Money in the Rural Exchange Economy of Malawi |
| Author: | Chipeta, W. |
| Year: | 1970 |
| Periodical: | East African Journal of Rural Development |
| Volume: | 3 |
| Issue: | 1 |
| Pages: | 45-56 |
| Language: | English |
| Geographic term: | Malawi |
| Subjects: | currencies money grain processing Peoples of Africa (Ethnic Groups) Economics and Trade |
| Abstract: | Peasant farmers may prefer either modern money or customary money (the produce as means of payment) as payment for milling, fish, and other goods. This study is concerned with the share of mill-owners and traders in accepting customary money, a weighing of the relative advantage of maize grain and modern money payments to grain mill owners and customers, and the factors which influence the choice between the use of customary money and modern money. Different patterns of use are measured in nine areas spread across the country. Three tables, notes, ref. |