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Trading Indeterminacy – Informal Markets in Europe

Mörtenböck, Peter and Mooshammer, Helge. 2007. Trading Indeterminacy – Informal Markets in Europe. Field, 1(1), ISSN 1755-068 [Article]

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Abstract or Description

Informal markets generate sites of counter-globalisation based on
a deterritorialisation of cultures. Many of these markets are hubs of
migratory routes whose idiosyncratic complexity reflects the tension
between traditional economies, black markets and the new conditions
of deregulated and liberalised capital markets. The dynamics of these
sites highlight the network character of the radicalised and deregulated
flows of people, capital and goods worldwide. One of the effects this
network phenomenon creates is an increased transnationalisation and
hybridisation of cultural claims and expressions. In view of growing
cultural homogenisation, this brings to the fore one of the most potent
traits of informal markets: the sprawl of a myriad of indeterminate parallel
worlds existing next to each other or literally within the same place.
Along a set of case studies carried out by the EU funded research project,
Networked Cultures (www.networkedcultures.org), this text looks at three
different informal markets as micro-sites of paradoxical and indeterminate
cultural production: Izmailovo Market Moscow, Istanbul Topkapi and
Arizona Market BrČko (BaH)

Item Type: Article

Departments, Centres and Research Units:

Visual Cultures

Dates:

DateEvent
2007Published

Item ID:

15964

Date Deposited:

21 Dec 2015 15:14

Last Modified:

07 Jul 2017 14:09

URI: http://research.gold.ac.uk/id/eprint/15964

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