Given that the European Union is a free trade, market-oriented economic zone that should, theoretically, eliminate market distortions that fuel the informal economy, why are we seeing continued participation in the informal economy, specifically, the shuttle trade between Bulgaria and Turkey? Many scholars frequently cite price distortions, market gaps, lucrative exchange rates, and economic survival as prominent reasons, however, these explanations do not suffice in explaining why the shuttle trade thrives 25 years after the communist collapse in Bulgaria. Through the use of meta-linguistic analysis of the interviews and analysis of the individuals that I interviewed, I argue that, in addition to being a viable method of income supplementation, the shuttle trade also serves as a platform for social support and identity reconciliation for Turkish-Bulgarian participants. Collective nostalgia about the communist past and similar post-communist experiences and a strong sense of interpersonal trust serve to integrate shuttle traders, who invest in social capital via the shuttle trade.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.