IDEAS home Printed from https://ideas.repec.org/p/hal/journl/halshs-02343508.html

Financial Practices as Adaptations to Increasing Vulnerability

Author

Listed:
  • Hadrien Saiag

    (IIAC - Institut interdisciplinaire d'anthropologie du contemporain - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique)

Abstract

This chapter studies household-based solidarity and protection mechanisms, through a detailed analysis of their savings and indebtedness practices. It is based on five months of fieldwork carried out in Rosario (Argentina) in 2009. Household budgets reveal a wide variety of practices that reify savings and extend debt relations over time. They also highlight the prominence of domestic solidarity and protection mechanisms. The ubiquity of these household-based mechanisms should be understood as a response to the weakening of employment-based solidarity and protection schemes, induced by the dismantling of the Fordist-like wage-labour nexus that prevailed among Rosario's low-income households until the 1990s.

Suggested Citation

  • Hadrien Saiag, 2013. "Financial Practices as Adaptations to Increasing Vulnerability," Post-Print halshs-02343508, HAL.
  • Handle: RePEc:hal:journl:halshs-02343508
    DOI: 10.1093/acprof:oso/9780199687015.003.0006
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-02343508v1
    as

    Download full text from publisher

    File URL: https://shs.hal.science/halshs-02343508v1/document
    Download Restriction: no

    File URL: https://libkey.io/10.1093/acprof:oso/9780199687015.003.0006?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Jean Cartelier, 2007. "The hypostasis of money: an economic point of view," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 31(2), pages 217-233, March.
    2. Bouman, F. J. A., 1995. "Rotating and accumulating savings and credit associations: A development perspective," World Development, Elsevier, vol. 23(3), pages 371-384, March.
    3. Damill, Mario. & Frenkel, Roberto. & Maurizio, Roxana., 2011. "Macroeconomic policy for full and productive employment and decent work for all an analysis of the Argentine experience," ILO Working Papers 994677873402676, International Labour Organization.
    4. Arza, Camila, 2008. "The Limits of Pension Privatization: Lessons from Argentine Experience," World Development, Elsevier, vol. 36(12), pages 2696-2712, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hadrien Saiag, 2020. "Financialization from the margins," Post-Print hal-02516543, HAL.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Olivier Dagnelie & Philippe Lemay‐Boucher, 2012. "Rosca Participation in Benin: A Commitment Issue," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 74(2), pages 235-252, April.
    2. Gunhild Berg, 2010. "Evaluating The Impacts Of Microsaving: The Case Of Sewa Bank In India," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 35(1), pages 75-96, March.
    3. Ernest AMANKWAH & Fritz Augustine GOCKEL & Eric OSEI-ASSIBEY & Alice NUBUOR, 2019. "Pareto superior dimension of rotating savings and credit associations (ROSCAs) in Ghana: Evidence from Asunafo North Municipality of Ghana," Journal of Economics Library, EconSciences Journals, vol. 6(4), pages 287-309, December.
    4. Anirban Pal & Piyush Kumar Singh, 2021. "Do socially motivated self‐help groups perform better? Exploring determinants of micro‐credit groups’ performance in Eastern India," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 92(1), pages 119-146, March.
    5. Morvant-Roux, Solène & Guérin, Isabelle & Roesch, Marc & Moisseron, Jean-Yves, 2014. "Adding Value to Randomization with Qualitative Analysis: The Case of Microcredit in Rural Morocco," World Development, Elsevier, vol. 56(C), pages 302-312.
    6. Marc Labie & Roy Mersland, 2011. "Corporate Governance Challenges in Microfinance," World Scientific Book Chapters, in: Beatriz Armendáriz & Marc Labie (ed.), The Handbook Of Microfinance, chapter 13, pages 283-298, World Scientific Publishing Co. Pte. Ltd..
    7. Ambec, Stefan & Treich, Nicolas, 2007. "Roscas as financial agreements to cope with self-control problems," Journal of Development Economics, Elsevier, vol. 82(1), pages 120-137, January.
    8. Beisland, Leif Atle & Mersland, Roy, 2014. "Income characteristics and the use of microfinance services: evidence from economically active persons with disabilities," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 29(3), pages 417-430.
    9. Ojah, Kalu & Kodongo, Odongo, 2024. "Effective financial inclusion and the need to put the horse before the cart: Saving!," International Review of Financial Analysis, Elsevier, vol. 96(PB).
    10. Beisland, Leif Atle & Mersland, Roy & Randøy, Trond, 2014. "The Association between microfinance rating scores and corporate governance: a global survey," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 35, pages 268-280.
    11. Mersland, Roy & Randøy, Trond & Strøm, Reidar Øystein, 2011. "The impact of international influence on microbanks’ performance: A global survey," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 20(2), pages 163-176.
    12. Stuart Rutherford, 1998. "The savings of the poor: improving financial services in Bangladesh," Journal of International Development, John Wiley & Sons, Ltd., vol. 10(1), pages 1-15.
    13. Nkonya, Ephraim M. & Phillip, Dayo & Mogues, Tewodaj & Pender, John L. & Yahaya, Muhammed Kuta & Adebowale, Gbenga & Arokoyo, Tunji & Kato, Edward, 2008. "From the ground up: Impacts of a pro-poor community-driven development project in Nigeria," IFPRI discussion papers 756, International Food Policy Research Institute (IFPRI).
    14. Kondo, Naoki & Minai, Junko & Imai, Hisashi & Yamagata, Zentaro, 2007. "Engagement in a cohesive group and higher-level functional capacity in older adults in Japan: A case of the Mujin," Social Science & Medicine, Elsevier, vol. 64(11), pages 2311-2323, June.
    15. Luis, Beccaria & Roxana, Maurizio & Vazquez, Gustavo, 2014. "Recent changes in wage inequality in Argentina. The role of labor formalization and other factors," MPRA Paper 56701, University Library of Munich, Germany.
    16. Bertranou, Fabio M. & Casanova, Luis. & Sarabia, Marianela., 2013. "Dónde, cómo y por qué se redujo la informalidad laboral en Argentina durante el período 2003-2012," ILO Working Papers 994845903402676, International Labour Organization.
    17. Todo, Yasuyuki & Kozuka, Eiji & Sawada, Yasuyuki, 2016. "Can School-Based Management Generate CommunityWide Impacts in Less Developed Countries? Evidence from Randomized Experiments in Burkina Faso," Working Papers 115, JICA Research Institute.
    18. Karna Basu, 2011. "Hyperbolic Discounting and the Sustainability of Rotational Savings Arrangements," American Economic Journal: Microeconomics, American Economic Association, vol. 3(4), pages 143-171, November.
    19. Bertranou, Fabio & Cetrángolo, Oscar & Grushka, Oscar & Casanova, Luis, 2012. "Beyond the privatization and re-nationalisation of the Argentine pension system: coverage, fragmentation, and sustainability," MPRA Paper 44245, University Library of Munich, Germany.
    20. Gonzales Martinez, Rolando & D’Espallier, Bert & Mersland, Roy, 2021. "Bifurcations in business profitability: An agent-based simulation of homophily in self-financing groups," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 129, pages 495-514.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:halshs-02343508. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.