1974/08/01 by David Y. H. Wu · 28 citations
Social Sciences · #Island Studies and Pacific Affairs #Migration and Labor Dynamics #Migration, Ethnicity, and Economy #New guinea #Institution #Adaptability #Key (lock) #Financial institution #Simple (philosophy) #Sociology #Economics #Ethnology #Management #Finance #Ecology #Social science #Biology #Philosophy #Epistemology
paper · doi:10.1525/ae.1974.1.3.02a00110
published in American Ethnologist 1(3), 565-584 (Wiley)
openalex publication_date 1974/08/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/02
The author looks at rotating credit associations in the Overseas Chinese community in Papua New Guinea, where complicated financial networks have been built up from simple traditional models, and argues that it is man and not the institution which holds the key to cultural change and economic development; the way in which the economic institution is manipulated by the people determines its adaptability.