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Savings at the Periphery of Markets: Evidence from Forager-Farmers in the Bolivian Amazon

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  • Eduardo A. Undurraga
  • Ariela Zycherman
  • Julie Yiu
  • Taps Bolivia Study Team
  • Ricardo A. Godoy

Abstract

We used survey and ethnographic data to study savings in a highly autarkic society of native Amazonians in Bolivia (Tsimane'). We equated savings with the amount of maize and rice in storage, area planted with plantains and manioc, and number of edible domesticated animals owned by a household or an adult. We found no large inter-annual change in savings possibly due to low income, impulsivity and a bundle of institutions and norms, such as borrowing, theft and reciprocity norms. The bundle attenuates the need for household formal savings at the periphery of markets.

Suggested Citation

  • Eduardo A. Undurraga & Ariela Zycherman & Julie Yiu & Taps Bolivia Study Team & Ricardo A. Godoy, 2014. "Savings at the Periphery of Markets: Evidence from Forager-Farmers in the Bolivian Amazon," Journal of Development Studies, Taylor & Francis Journals, vol. 50(2), pages 288-301, February.
    • Handle: RePEc:taf:jdevst:v:50:y:2014:i:2:p:288-301
    DOI: 10.1080/00220388.2013.833322
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    References listed on IDEAS

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    1. Undurraga, Eduardo A. & Behrman, Jere R. & Grigorenko, Elena L. & Schultz, Alan & Yiu, Julie & TAPS Bolivia Study Team, & Godoy, Ricardo A., 2013. "Math skills and market and non-market outcomes: Evidence from an Amazonian society of forager-farmers," Economics of Education Review, Elsevier, vol. 37(C), pages 138-147.
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    Cited by:

    1. Bauchet, Jonathan & Undurraga, Eduardo A. & Reyes-García, Victoria & Behrman, Jere R. & Godoy, Ricardo A., 2018. "Conditional cash transfers for primary education: Which children are left out?," World Development, Elsevier, vol. 105(C), pages 1-12.
    2. Undurraga, Eduardo A. & Nica, Veronica & Zhang, Rebecca & Mensah, Irene C. & Godoy, Ricardo A., 2016. "Individual health and the visibility of village economic inequality: Longitudinal evidence from native Amazonians in Bolivia," Economics & Human Biology, Elsevier, vol. 23(C), pages 18-26.
    3. Undurraga, Eduardo A. & Behrman, Jere R. & Leonard, William R. & Godoy, Ricardo A., 2016. "The effects of community income inequality on health: Evidence from a randomized control trial in the Bolivian Amazon," Social Science & Medicine, Elsevier, vol. 149(C), pages 66-75.

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    1. Bauchet, Jonathan & Undurraga, Eduardo A. & Reyes-García, Victoria & Behrman, Jere R. & Godoy, Ricardo A., 2018. "Conditional cash transfers for primary education: Which children are left out?," World Development, Elsevier, vol. 105(C), pages 1-12.
    2. Undurraga, Eduardo A. & Nica, Veronica & Zhang, Rebecca & Mensah, Irene C. & Godoy, Ricardo A., 2016. "Individual health and the visibility of village economic inequality: Longitudinal evidence from native Amazonians in Bolivia," Economics & Human Biology, Elsevier, vol. 23(C), pages 18-26.
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