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Currencies of Imagination - Channeling Money and Chasing Mobility in Vietnam (Hardcover)
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Currencies of Imagination - Channeling Money and Chasing Mobility in Vietnam (Hardcover)
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In Vietnam, international remittances from the Vietnamese diaspora
are quantitatively significant and contribute important economic
inputs. Yet beyond capital transfer, these diasporic remittance
economies offer insight into an unfolding transformation of
Vietnamese society through the extension of imaginations and
ontological possibilities that accompany them. Currencies of
Imagination examines the complex role of remittances as money and
as gifts that flow across, and mediate between, transnational
kinship networks dispersed by exile and migration. Long distance
international gift exchanges and channels in a neoliberal political
economy juxtapose the increasing cross-border mobility of
remittance financial flows against the relative confines of state
bounded bodies. In this contradiction Ivan V. Small reveals a
creative space for emergent imaginaries that disrupt local
structures and scales of desire, labor and expectation.
Furthermore, the particular characteristics of remittance channels
and mediums in a global economy, including transnational mobility
and exchangeable value, affect and reflect the relations,
aspirations, and orientations of the exchange participants. Small
traces a genealogy of how this phenomenon has shifted through
changing remittance forms and transfer infrastructures, from
material and black market to formal bank and money services.
Transformations in the affective and institutional relations among
givers, receivers, and remittance facilitators accompany each of
these shifts, illustrating that the socio-cultural work of
remittances extends far beyond the formal economic realm they are
usually consigned to.
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