Chicago Booth Review Podcast

How do informal markets work?


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Much of the world's economy is informal, with transactions taking place in street markets. How does business credit operate in that environment? Chicago Booth's Rimmy Tomy talks about her research on the huge Iewduh bazaar in Shillong, the largest and oldest market in northeast India. Tomy finds that vendors often prefer not to share business metrics with lenders. So how do they get credit?

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Chicago Booth Review PodcastBy Josh Stunkel

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