Trust, Norms and Networks of indigenous institutions: The Creation of Moral Economies in Nigeria

Kingsley Obi Omeihe*, Isaac Oduro Amoako, Veronika Gustafsson, Ibiyemi Omeihe, Mohammad Saud Khan

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingPublished conference contribution

Abstract

Through an empirical study of traders in Bokkos and Ero markets of Nigeria, this study examines the means by which trust is developed in the absence of efficient formal institutional arrangements (such as law courts and legal structures) taken for granted in advanced economies. The analysis from the multiple case studies of micro-trading groups examines moral norms through personalised and institutionalised based trust relationships. At its centre, trust is found to be indispensable to economic relationships and necessary for information sharing and sanction enforcements. The findings reached provide well founded insights into the perceived morality of indigenous institutional arrangements within Nigeria.
Original languageEnglish
Title of host publicationBAM2020 Conference In The Cloud
ISBN (Electronic)978-0-9956413-3-4
Publication statusPublished - 30 Sept 2020

Keywords

  • trust
  • institutions
  • networks
  • morality
  • Nigeria

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