Globalization and Money explores how men and women, particularly
the poor and the unbanked in the global South, use money in ways
that empower themselves and their families. Supriya Singh argues
that money as a medium of relationships across cultures is a
central component of globalization. She deftly weaves theory and
individual stories to show how money is emblematic of
interconnected markets, the half of the world that is unbanked, and
gender disparities. She shows how men s and women s banking
patterns are tied to their management of money in the household.
Migrants send money home to show they care for their families and
communities left behind. Yet these remittances are far from
symbolic; instead they represent more than three times the total
amount of official development assistance. This book illustrates
how many of the most exciting changes in harnessing people s
savings; widening credit and insurance; and lowering the cost of
technologies, payments and money transfers are taking place in
Africa, Asia, and Latin America. Singh demonstrates how strategies
to help the poor and marginalized have gone global in South South
conversations, making us rethink the contours of globalization and
money.
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