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Embedded Cooperation: Women's Thrift Cooperatives in Andhra Pradesh

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Author Info
Stuart, Guy (Harvard U)
Kanneganti, Sandhya (Society for Elimination of Rural Poverty)
Abstract

Two central ideas in economic sociology are embeddedness and the social construction of economic institutions. Based on data from women’s thrift cooperatives established in villages in Andhra Pradesh, India, the paper identifies a paradox in the creation of new economic institutions. Such institutions are both constrained by and sustained by what existed before their arrival, and their survival is dependent on how they adapt to the existing social structure. Their transformative capacity is contingent on their ability to survive, but also to challenge the existing social structure. The data suggest that the thrift cooperatives have enabled some women to alter the gender relations within their households, but that the cooperatives seem to be reproducing caste structures.

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Paper provided by Harvard University, John F. Kennedy School of Government in its series Working Paper Series with number rwp03-026.

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Date of creation: May 2003
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Handle: RePEc:ecl:harjfk:rwp03-026

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  1. Morduch, Jonathan, 2000. "The Microfinance Schism," World Development, Elsevier, vol. 28(4), pages 617-629, April. [Downloadable!] (restricted)
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  2. Morduch, Jonathan, 1999. "The role of subsidies in microfinance: evidence from the Grameen Bank," Journal of Development Economics, Elsevier, vol. 60(1), pages 229-248, October. [Downloadable!] (restricted)
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