TY  - BOOK
AU  - Schwecke,Sebastian
TI  - Debt, trust, and reputation: extra-legal finance in Northern India 
T2  - Metamorphoses of the political: multidisciplinary approaches
SN  - 9781316517260 :
U1  - 332.0954 23
PY  - 2022///
CY  - Cambridge
PB  - Cambridge University Press
KW  - Financial services industry
KW  - India, North
KW  - LCSH
KW  - Capital market
KW  - Finance
KW  - Government policy
N1  - Includes bibliographical references and index
N2  - "This book studies the evolution of financial markets operating beyond the reach of the law and without recourse to legal practices, predominantly in an urban north Indian setting centering on the city of Banaras in North India. It straddles the divide between social and economic history and economic anthropology, and is based on archival and ethnographic research conducted between 2011 and 2019. The author emphasizes the role of the Indian state in shaping credit markets and creating the division between a juridically-procedurally defined 'capitalist,' and a reputationally defined extra-legal financial market. Also highlighted is the reactions by market participants to the disappearance of both the legal and the 'traditional' enforcement mechanisms for contractual obligations, and the resulting emergence of a reputational economy dependent almost comprehensively on trust"--
ER  -