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Marginal gains monetary transactions in Atlantic Africa 1st Edition by Jane I. Guyer ISBN 0226311163 978-0226311166

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Marginal gains monetary transactions in Atlantic Africa 1st Edition Jane I. Guyer Digital Instant Download

Author(s): Jane I. Guyer
ISBN(s): 9780226311166, 0226311163
Edition: 1
File Details: PDF, 7.04 MB
Year: 2004
Language: english
SKU: EB-2335534 Categories: , Tag:

Marginal gains monetary transactions in Atlantic Africa 1st Edition by Jane I. Guyer – Ebook PDF Instant Download/Delivery:  0226311163, 978-0226311166
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Product details: 

ISBN 10:  0226311163 

ISBN 13: 978-0226311166

Author:  Jane I. Guyer

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.

Table of contents: 

Introduction

  • Diversity, Bewilderment, and the Multiplicity of African Money

  • Conversions: Asymmetrical Transactions

Scales and Tropes

  • Calculation, Number, and Asymmetry

  • Rank: People and Money

  • Quality: Commodities and Price

Performances and Repertoires

  • Volatility: A Performance in Modern Nigeria

  • Balances: Household Budgets in a Ghanaian Study

Conclusions and Directions

  • Formalities: Fixing Debt and Delay

  • Bewilderment Revisited

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Tags: Jane Guyer, Marginal gains monetary, transactions in Atlantic