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International Journal of Technology Enhancements and Emerging Engineering Research (ISSN 2347-4289)
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International Journal of Technology Enhancements and Emerging Engineering Research  
International Journal of Technology Enhancements and Emerging Engineering Research

Website: http://www.ijteee.org

ISSN 2347-4289



Mechanisms And Framework Of Barter Practice

[Full Text]

 

AUTHOR(S)

Mahama Abass, Paul Kwami Adraki

 

KEYWORDS

Keywords: Exchange partners, cheating, prearranged commodities

 

ABSTRACT

ABSTRACT: Purpose – The primary objective of this study is to investigate the mechanisms and framework of barter practice in northern region of Ghana. Specifically, it examines the Perception that “barter practice is a primitive form of trade exchanges and that cannot be practice in this modern era where money has become the medium of exchange in all exchange practices”. Methodology/Approach – Data were collected through a focus group discussions held with respondents from three different communities where barter exchanges appear to be still prominent. A total of 90 respondents made up the discussions; specifically 30 respondents were contacted in each of the three communities according to those into barter practices. Findings – The findings revealed the following; First, barter practice is still very prominent particularly in fishing communities where they have little access to food crops (that is they do not farm food crops) and do not have markets to trade with. Second, wide varieties of goods/commodities are bartered in the communities these include; fish, cereals of all kind, legumes of all kind, cotton, firewood, animals, root and tuber crops. Third, exchange partners are faced with a lot of challenges, notable challenges include; difference in the value and quantities of commodities exchanged which most often leads to cheating and arguments, since most barter exchanges are not prearranged, it becomes difficult at times to get an exchange partner, because some of the commodities cannot be preserved for long periods they are sometimes exchanged cheaply (most especially if you cannot find an exchange partner). Fourth, distance is often not considered a critical factor in the exchange process within the community itself because the people are closer to each other so they easily barter. Distance becomes a factor especially when one has to travel to other communities to exchange, this is so because most exchanges are not pre arranged, an exchange partner may go and would not find an exchange partner. Fifth, since most residents are into barter exchanges, there is limited use of cash in the community, thereby enabling people as well as parents to reserve money in order to take care of their children school fees and health care bills Sixth, barter practice provides a platform for regular interactions among residents and residents from other communities since people exchange what they do not have and want. Seventh, exchange partners are always available during the rainy season but become very difficult to get an exchange partner during the dry season since there is nothing to exchange. Practical implications – The findings in this paper confirmed the importance of barter practice as a way of sustaining people’s income since there is limited use of cash. Finally, barter practice is practiced seasonally and is very vibrant during the rainy season and less active during the dry season since there is often nothing to be exchanged in the dry season.

 

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