Trade regulation in Bolivia: from informal economy to extralegal market
DOI:
https://doi.org/10.35319/lajed.20172841Keywords:
Economic Sociology, Economic Anthropology, Cultural Economics, Customs, Social NormsAbstract
This article studies the market for electronic devices in La Paz. It analyzes social mechanisms and discourses around the regulation of competition and the cooperation between different actors, family businesses and multinational enterprises. The paper aims to show that the market is constituted by diverse spaces of regulations and actors who co-produce and apply norms not necessarily codified by law. The notion of “extralegal market” is proposed to conceptually approach these spaces that refer to social and entrepreneurial forms of authority and legitimacy in order to control competition and coordinate transactions.
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