The reinvention of the market from below: the end of the women's money changing monopoly in Kinshasa

Tom De Herdt and Stefaan Marysse

Review of African Political Economy, 1999, vol. 26, issue 80, 239-253

Abstract: Zaïre's transition to the Third Republic (1990–1997) was characterised by the decline of the national currency and the economy's partial dollarisation. This article describes the origins of the different types of cambistes(informal money exchange brokers). It argues that the evolution of the market of foreign currency is not only determined by changes in economic opportunities, but also by different kinds of social identity the cambisteshave adopted. More generally, insight is gained into the social re‐structuration of the market in an almost stateless society.

Date: 1999
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DOI: 10.1080/03056249908704381

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Review of African Political Economy is currently edited by Graham Harrison, Branwen Gruffydd Jones, Claire Mercer, Nicolas Pons-Vignon, Aurelia Segatti and Ray Bush

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