Third ISA Forum of Sociology (July 10-14, 2016)

116

Monetary Practices in the Global South

RC09 Social Transformations and Sociology of Development (host committee)

Language: English

This session aims to explore the changes in monetary practices and representations in the Global South, linking locally studied practices to globalized processes. In the recent past, many countries of the Global South have seen accumulations of wealth resulting from growing participation in the global trade and financial flows. These processes were accompanied by changed monetary practices, growing exports and luxury, economic exploitation and exclusion. This development has led to a redefinition of social hierarchies and the recent creation of the BRICS’ New Development Bank. 
These recent transformations imply that new monetary practices are no longer directly linked to the neoliberal economic order that has characterized North-South relations so far. South-South relations have to be considered. This will permit us to go beyond the North-South divide. The suggested proposals of case studies (quantitative and/or qualitative) for this session should thus go beyond multi-sited ethnography and integrate approaches from other disciplines such as economics and international political economy. Posters: