Marginal Gains: Monetary Transactions in Atlantic Africa (Lewis Henry Morgan Lecture Series) - Softcover

Guyer, Jane I.

 
9780226311166: Marginal Gains: Monetary Transactions in Atlantic Africa (Lewis Henry Morgan Lecture Series)

Inhaltsangabe

In America, almost all the money in circulation passes through financial institutions every day. But in Nigeria's "cash and carry" system, 90 percent of the currency never comes back to a bank after it's issued. What happens when two such radically different economies meet and mingle, as they have for centuries in Atlantic Africa?

The answer is a rich diversity of economic practices responsive to both local and global circumstances. In Marginal Gains, Jane I. Guyer explores and explains these often bewildering practices, including trade with coastal capitalism and across indigenous currency zones, and within the modern popular economy. Drawing on a wide range of evidence, Guyer demonstrates that the region shares a coherent, if loosely knit, commercial culture. She shows how that culture actually works in daily practice, addressing both its differing scales of value and the many settings in which it operates, from crisis conditions to ordinary household budgets. The result is a landmark study that reveals not just how popular economic systems work in Africa, but possibly elsewhere in the Third World.

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Über die Autorin bzw. den Autor

Jane I. Guyer is a professor of anthropology at Johns Hopkins University. She is the author, most recently, ofAn African Niche Economy: Farming to Feed Ibadan and Money Matters: Instability, Values, and Social Payments in the Modern History of West African Communities.

Von der hinteren Coverseite

In America, almost all the money in circulation passes through financial institutions every day. But in Nigeria's "cash and carry" system, 90 percent of the currency never comes back to a bank after it's issued. What happens when two such radically different economies meet and mingle, as they have for centuries in Atlantic Africa?

The answer is a rich diversity of economic practices responsive to both local and global circumstances. In Marginal Gains, Jane I. Guyer explores and explains these often bewildering practices, including trade with coastal capitalism and across indigenous currency zones, and within the modern popular economy. Drawing on a wide range of evidence, Guyer demonstrates that the region shares a coherent, if loosely knit, commercial culture. She shows how that culture actually works in daily practice, addressing both its differing scales of value and the many settings in which it operates, from crisis conditions to ordinary household budgets. The result is a landmark study that reveals not just how popular economic systems work in Africa, but possibly elsewhere in the Third World.

Aus dem Klappentext

In America, almost all the money in circulation passes through financial institutions every day. But in Nigeria's "cash and carry" system, 90 percent of the currency never comes back to a bank after it's issued. What happens when two such radically different economies meet and mingle, as they have for centuries in Atlantic Africa?

The answer is a rich diversity of economic practices responsive to both local and global circumstances. InMarginal Gains, Jane I. Guyer explores and explains these often bewildering practices, including trade with coastal capitalism and across indigenous currency zones, and within the modern popular economy. Drawing on a wide range of evidence, Guyer demonstrates that the region shares a coherent, if loosely knit, commercial culture. She shows how that culture actually works in daily practice, addressing both its differing scales of value and the many settings in which it operates, from crisis conditions to ordinary household budgets. The result is a landmark study that reveals not just how popular economic systems work in Africa, but possibly elsewhere in the Third World.

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Weitere beliebte Ausgaben desselben Titels

9780226311159: Marginal Gains: Monetary Transactions in Atlantic Africa (Lewis Henry Morgan Lectures, 1997)

Vorgestellte Ausgabe

ISBN 10:  0226311155 ISBN 13:  9780226311159
Verlag: UNIV OF CHICAGO PR, 2004
Hardcover