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Tales from AlbaradoPonzi Logics of Accumulation in Postsocialist Albania$
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Smoki Musaraj

Print publication date: 2020

Print ISBN-13: 9781501750335

Published to Cornell Scholarship Online: January 2021

DOI: 10.7591/cornell/9781501750335.001.0001

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“Working the Money”

“Working the Money”

Migrants, Remittances, and Social Ties

(p.94) 3 “Working the Money”
Tales from Albarado

Smoki Musaraj

Cornell University Press

This chapter looks at the intertwining of financial practices at firms with different forms of social ties. It concentrates on the role of mediators, such as “sekserë” and “të njohur” and the broader mobilization of migrant networks to attract deposits for the firms. The firms deliberately mobilized such social ties by offering incentives for sekserë and “menaxherë” to recruit their family members, neighbors, and friends. The chapter also talks about the transactional pathways of circulation of migrant remittances through the firms that were mediated by social ties of kinship and friendship. It investigates how social ties enabled the ongoing financial activities of the firms and how, in turn, transactions with the firms strengthened or weakened social ties.

Keywords:   mediators, sekserë, të njohur, migrant network, menaxherë, transactional pathway, migrant remittance, social ties

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