Financial Practices as Adaptations to Increasing Vulnerability: The Dynamics of Solidarity and Protection in the Suburbs of Rosario, Argentina

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2013

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info:eu-repo/semantics/altIdentifier/doi/10.1093/acprof:oso/9780199687015.003.0006

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Hadrien Saiag, « Financial Practices as Adaptations to Increasing Vulnerability: The Dynamics of Solidarity and Protection in the Suburbs of Rosario, Argentina », HAL-SHS : économie et finance, ID : 10.1093/acprof:oso/9780199687015.003.0006


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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.

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