The mortgaging of land is not just economic and legal but also social and cultural. Here, anthropologists, historians, and economists explore origins, variations, and meanings of the land mortgage, and the risks to homes and livelihoods. Combining findings from archives, printed records, and live ethnography, the book describes the changing and problematic assumptions surrounding mortgage. It shows how mortgages affect people on the ground, where local forms of mutuality mix with larger bureaucracies. The outcomes of mortgage in Africa, Europe, Asia, and America challenge economic development orthodoxies, calling for a human-centered exploration of this age-old institution.

Daivi Rodima-Taylor is Researcher and Lecturer at the African Studies Center of the Pardee School of Global Studies of Boston University. She has conducted longitudinal field research in East Africa, and co-edited special issues of numerous journals. Her work has been supported by the Wenner-Gren Foundation for Anthropological Research.