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G enerating , storing and exchanging value. Comparing financial practices in Mexican and Indian rural communities. Aims. Compare processes of generation , storage , accumulation , mobilization and exchange of monetary and non- monetary valuables
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Generating, storing and exchangingvalue Comparingfinancialpractices in Mexican and Indian rural communities
Aims • Compare processes of • generation, • storage, • accumulation, • mobilization • and exchange of monetary and non-monetaryvaluables • Frameworks of calculation • Financialinstruments
Tamil Nadu in South India • Marginal farmers and landlesslaborersmigratelocally • Caste as a fundamental feature • Owningland, housing, livestock and jewelsprovide status • Investment in rituals (marriages, festivals) • Recentemergence of Selfhelpgroups
El Grullo in Western Mexico • Irrigationdistrict • Maize,sugarcane, horticulture • Cattle as store of value • Investments in vehicles, shops, musical instruments • Remittancesfromthe US • History of cooperatives and savingsassociations
Generation of value • Production • Migration • Financialpractices • Differentkinds of resources and currencies • Monetarization and financiarization
Storage of value • Gold as saving and as social capital • Cattle • Roscas/ Chitfunds • Lending • Credit and SavingsAssociations • Banks and financialinclusion
Valuemobilization and debt • Debt, protection, exploitation and solidarities • Debt as a marker of hierarchies • Processes of valuation • Social arrangements • Howdebtissignified • Estimates • Predictions • appraisals
Transactions and forms of exchange • Social differentiation • Social status • Segmentation • Access • Strategies • Financialregulation • Non monetaryelementsintertwinedwithmonetaryvalue