The global bazaar economy

Biao Xiang

economic sociology. perspectives and conversations, 2022, vol. 23, issue 2, 10-14

Abstract: A global bazaar is a marketplace where small, independent enterprises buy and sell a wide range of goods globally and directly, without relying on a centralized mediator. Typical examples of global bazaars are the Yiwu Market (officially the "International Trade City") in southeast China and the Dubai markets (the Dubai Wholesale City and a group of specialized marketplaces such as the Deira Covered Shoes Market) in the UAE.

Date: 2022
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