Social Networks in Developing Countries
Annual Review of Resource Economics, Volume 7, 2015. DOI: 10.1146/annurev-resource-100814-125123
23 Pages Posted: 7 Jan 2015
Date Written: January 5, 2015
Social networks function as an important safety net in developing countries which often lack formal financial instruments. They are also an important source of information in developing countries with relatively low access to the internet and literacy rates. We review the empirical literature in developing countries using explicit social network data. We focus on social networks as conduits for both monetary transfers and information. We also briefly discuss the network formation literature and comment on data collection strategies, along the way mentioning some areas we believe to be especially ripe for future study.
Keywords: social networks
JEL Classification: O1
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