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Debt-Based Trade, Social Norms and Informality in Uzbekistan: Case Study of Rassiychilar in Rural Fergana

Sobirov, Elmurod LU and Urinboyev, Rustam LU (2024) In Communist and Post-Communist Studies p.1-17
Abstract
Debt-based trade and economic exchanges are becoming a more and more widespread phenomenon in the context of post-Soviet Central Asian societies. In the absence of viable state economic support, a functional banking system, and an effective legal system, trust-based economic exchanges serve as an alternative means for conducting micro-level businesses in Central Asia. The phenomenon of “rassiychilar,” which is the central focus of this paper, is one of the intriguing examples of debt-based trade in rural Fergana, Uzbekistan. This debt-based trade involves a myriad of informal economic exchanges among various actors, locally and transnationally. The paper argues that trust-based economic networks and debt-based trade serve as an alternative... (More)
Debt-based trade and economic exchanges are becoming a more and more widespread phenomenon in the context of post-Soviet Central Asian societies. In the absence of viable state economic support, a functional banking system, and an effective legal system, trust-based economic exchanges serve as an alternative means for conducting micro-level businesses in Central Asia. The phenomenon of “rassiychilar,” which is the central focus of this paper, is one of the intriguing examples of debt-based trade in rural Fergana, Uzbekistan. This debt-based trade involves a myriad of informal economic exchanges among various actors, locally and transnationally. The paper argues that trust-based economic networks and debt-based trade serve as an alternative means of doing business in rural post-socialist contexts characterized by legal uncertainty, rampant corruption, and an inefficient economic and banking system. (Less)
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author
and
organization
publishing date
type
Contribution to journal
publication status
epub
subject
keywords
debt-based trade, informality, transition economies, law and society, sociology of law
in
Communist and Post-Communist Studies
pages
1 - 17
publisher
University of California Press
ISSN
0967-067X
DOI
10.1525/cpcs.2024.2017417
project
Multilevel Orders of Corruption in Central Asia
Understanding Islamic Legal Culture and Migration through Ethnographic and Archival Research
Administrative Law Reform and Legal Integration in Hybrid Political Regimes
Legal Cultures and Business Environments in Central Asia
The Multilevel Orders of Corruption - Insights from a Post-Soviet Context
Migration and Legal Cultures in Post-Soviet Societies: Ethnographic Study of Uzbek Migrant Workers and Their Families
Living Law and Political Stability in Post-Soviet Central Asia. A Case Study of the Ferghana Valley in Uzbekistan
language
English
LU publication?
yes
id
27f9bb39-7b93-4576-9406-dede320406b3
date added to LUP
2023-10-13 18:22:22
date last changed
2024-03-13 08:37:54
@article{27f9bb39-7b93-4576-9406-dede320406b3,
  abstract     = {{Debt-based trade and economic exchanges are becoming a more and more widespread phenomenon in the context of post-Soviet Central Asian societies. In the absence of viable state economic support, a functional banking system, and an effective legal system, trust-based economic exchanges serve as an alternative means for conducting micro-level businesses in Central Asia. The phenomenon of “rassiychilar,” which is the central focus of this paper, is one of the intriguing examples of debt-based trade in rural Fergana, Uzbekistan. This debt-based trade involves a myriad of informal economic exchanges among various actors, locally and transnationally. The paper argues that trust-based economic networks and debt-based trade serve as an alternative means of doing business in rural post-socialist contexts characterized by legal uncertainty, rampant corruption, and an inefficient economic and banking system.}},
  author       = {{Sobirov, Elmurod and Urinboyev, Rustam}},
  issn         = {{0967-067X}},
  keywords     = {{debt-based trade; informality; transition economies; law and society; sociology of law}},
  language     = {{eng}},
  month        = {{03}},
  pages        = {{1--17}},
  publisher    = {{University of California Press}},
  series       = {{Communist and Post-Communist Studies}},
  title        = {{Debt-Based Trade, Social Norms and Informality in Uzbekistan: Case Study of Rassiychilar in Rural Fergana}},
  url          = {{https://lup.lub.lu.se/search/files/173711910/copy-edited_version_pre-print.pdf}},
  doi          = {{10.1525/cpcs.2024.2017417}},
  year         = {{2024}},
}