As we must also specify that this concrete case of study is opposed to the hegemony of the definition which tends to dominate the work on the street youth groups and to bind them, in one way or another, to the phenomenon of delinquency and violence. In this context, the work that we present takes shape, from a socio-ethnographical study of the community of Dlala (an informal trading space where new and used products are sold) of informal gold from Bachdjerrah in the South-East of Algiers, on a particular experience of street commerce where generations of young people from the working-class districts of Bachdjerrah meet. The economic practices of young gold sellers are also the expression of a positive dynamic of socio-cultural identity in the sense that the activities on which they are based for the purposes of social integration are carried out in terms of the cultural, territorial dimension and symbolic specificity of El Houma which culturally and religiously, imposes the imperative of women “invisibility”.Īs a result, the informal commercial activity of gold on the scale of El Houma becomes the basic link of large networks of this transnational trade and which go from Marseille, Tripoli, the Middle East and the Gulf countries to China and Yiwu ( Belguidoum, 2011: 1 2015: 16). Informal commercial practices that are organised and perpetuated thanks in particular to a socio-cultural and community logic of appropriation of the urban space articulated around a dynamic private and collective territory both jealously called El Houma (a physical space that takes shape in the neighborhood). Consequently, the street becomes the main theater of these market practices. Thus was born a new transnational commercial dynamic, which rests on adventurers of the capitalism system and due to the absence of an inclusive economic policy ( Mazzella, 2001: 35) and which had transformed the local economy into a big bazaar in the part of an economic globalization pulled from the bottom (Alba Vega, 2011: 105).
#ADVENTURE CAPITALIST SUPPORT CODES FOR GOLD FREE#
This is how the benefit of a financial windfall (export of hydrocarbons) reassuring enough to curb, however little, the contradictions of a system of economic policy which has reached its limits in the concealment of a national apparatus production and give free rein to a growing process of importation in both its formal and informal form.
These informal economic practices were made possible and reinvigorated following the advent of two complementary movements: 1 / the advent of economic liberalism, especially in the trade sector, 2 / the increase in oil prices towards the end of the 1990s.
The economic and social repercussions of Algeria’s transition to a market economy following the politico-economic reforms undertaken, in particular after the application of the structural adjustment plan ( sap) in 1994, accentuated by the misadventures and hardships of the democratic experience and the black decade, had prompted populations affected by poverty and the shrinking of the formal labor market, mainly young people, to enter the informal sector in order to emerge from their economic marginalisation ( Medjoub, 2020: 91).
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