Marginal Gains
Monetary Transactions in Atlantic Africa
Marginal Gains
Monetary Transactions 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.
232 pages | 5 halftones, 2 maps, 6 figures, 2 tables | 6 x 9 | © 2004
Lewis Henry Morgan Lecture Series
Anthropology: Cultural and Social Anthropology
Economics and Business: Economics--General Theory and Principles, Economics--International and Comparative, Economics--Money and Banking, Economics--Urban and Regional
Sociology: Social Change, Social Movements, Political Sociology, Social Organization--Stratification, Mobility
Table of Contents
Preface
PART I INTRODUCTORY
1 Introduction: Diversity, Bewilderment, and the Multiplicity of African Money
2 Conversations: Asymmetrical Transactions
PART II SCALES AND TROPES
3 Calculation: Number and Asymmetry
4 Rank: People and Money
5 Quality: Commodities and Price
PART III PERFORMANCES AND REPERTOIRES
6 Volatility: A Performance in Modern Nigeria
7 Institutions: Repertoires of Financial Option
8 Balances: Household Budgets in a Ghanaian Study
PART VI CONCLUSIONS AND DIRECTIONS
9 Formalities: Fixing Debt and Delay
10 Bewilderment Revised
Appendix
References
Index
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