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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:The Reinvention of the Market from Below: The End of the Women's Money Changing Monopoly in Kinshasa (Part One)
Authors:De Herdt, TomISNI
Marysse, StefaanISNI
Year:1999
Periodical:Review of African Political Economy
Volume:26
Issue:80
Period:June
Pages:239-253
Language:English
Geographic term:Congo (Democratic Republic of)
Subjects:gender relations
foreign exchange
Women's Issues
Economics and Trade
Labor and Employment
economics
urbanization
External links:https://www.tandfonline.com/doi/abs/10.1080/03056249908704381
http://ejournals.ebsco.com/direct.asp?ArticleID=4FC796A7A7F29B086E88
Abstract:Zaire's transition to the Third Republic (1990-1997) was characterized by the decline of the national currency (the zaire) and the growing 'dollarization' of the economy. This article describes the consequences for the foreign currency market, especially for the 'cambistes', or informal money exchange brokers. In particular, it examines the changing gender basis of 'cambisme', from women with a background in trade to unemployed young men, and the shifting moral characterization of the informal money exchange market. The article argues that the evolution of the foreign currency market is not only determined by changes in economic opportunities, but also by the different kinds of social identity the 'cambistes' have adopted. The article is based on interviews with older and later generations of 'cambistes', carried out in Kinshasa in 1995. Bibliogr., sum. in English and French. (Revised tables published in: Review of African Political Economy, vol. 26, no. 81 (1999), p. 385-386.)
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