Publisher: Extreme Anthropology Research Network (Total: 1 journals)   [Sort by number of followers]

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J. of Extreme Anthropology     Open Access   (Followers: 3)
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Journal of Extreme Anthropology
Number of Followers: 3  

  This is an Open Access Journal Open Access journal
ISSN (Print) 2535-3241
Published by Extreme Anthropology Research Network Homepage  [1 journal]
  • Debt Relations in Georgian Bazaars

    • Authors: Susanne Fehlings
      Pages: 1 - 25
      Abstract: This article is about practices of borrowing and lending money in the context of Georgian bazaar trade. While many anthropological studies focus on debtors or individual moneylenders, this article starts from the perspective of microcredit experts, who grant loans to traders on behalf of their companies and thereby engage in complex relationships. Borrowing money from a microcredit institution consists of an administrative act, which is sealed by formal procedures such as signing a contract, but the bazaar is a sphere that is, at least partially, structured by informal practices and personal relationships. To make a profit, microcredit experts must play a risky and sometimes existential game. They must decide whether to trust or not to trust a client. In order to assess and minimize risk, they immerse themselves into the world of their clients and rely on social values and moralities. This article describes their strategies and thus gives insights into the nature of debts, obligations, relationships, institutional frameworks, and informal practices in the context of microfinance in the Georgian bazaar trade sector.
      PubDate: 2022-07-05
      DOI: 10.5617/jea.9466
      Issue No: Vol. 6, No. 1 (2022)
  • Relations of Debt and Credit Networks in Post-Soviet Uzbekistan, Russia
           and Kazakhstan

    • Authors: Rano Turaeva, Zarina Adambussinova
      Pages: 26 - 47
      Abstract: Any relations and practices of debt within credit networks include not only pure economic exchange, such as barter or non-monetary exchange, but diverse kinds of social relations of debt. In this article, we consider case studies embedded in the particular context of early and late post-Soviet economic and political crisis, in which economic informalization was characterised by ‘wild capitalism’ or the absence of cash and livelihoods. We observe the coping strategies and mechanisms of economic survival adopted by ordinary people in response to these crises and to the absence of state social and economic institutions. We portray people’s concrete experiences of debt, solidary social relations, and economic exchange based on debt relationships in post-Soviet economies. The case studies are drawn from ethnographic material from Uzbekistan, Russia and Kazakhstan. Our case studies reveal that debt relations are not about two individuals who owe money but serve as the basis for debt-based trade, survival, and socializing networks, as well as part of moral economies. The article builds on scholarly works related to informal economies and survival mechanisms in post-Soviet space, to anthropology of debt, as well as discussion of (dis)trust.
      PubDate: 2022-07-25
      DOI: 10.5617/jea.9320
      Issue No: Vol. 6, No. 1 (2022)
School of Mathematical and Computer Sciences
Heriot-Watt University
Edinburgh, EH14 4AS, UK
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