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Securing LivelihoodsInformal Economy Practices and Institutions$
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Isabelle Hillenkamp, Frédéric Lapeyre, and Andreia Lemaître

Print publication date: 2013

Print ISBN-13: 9780199687015

Published to Oxford Scholarship Online: January 2014

DOI: 10.1093/acprof:oso/9780199687015.001.0001

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Financial Practices as Adaptations to Increasing Vulnerability

Financial Practices as Adaptations to Increasing Vulnerability

The Dynamics of Solidarity and Protection in the Suburbs of Rosario, Argentina1

Chapter:
(p.99) 6Financial Practices as Adaptations to Increasing Vulnerability
Source:
Securing Livelihoods
Author(s):

Saiag Hadrien

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199687015.003.0006

This chapter studies household-based solidarity and protection mechanisms, through a detailed analysis of their informal 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.

Keywords:   solidarity, protection, informal savings, debt, Argentina

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