Financialization

Financialization PDF Author: T. Palley
Publisher: Springer
ISBN: 1137265825
Category : Business & Economics
Languages : en
Pages : 238

Get Book Here

Book Description
The term financialization is a term that has become popular to describe developments within the global economy, and particularly within developed industrialized economies, over the past thirty years. The book is divided into four sections, which together give a comprehensive treatment of the economics and political economy of financialization.

Financialization

Financialization PDF Author: T. Palley
Publisher: Springer
ISBN: 1137265825
Category : Business & Economics
Languages : en
Pages : 238

Get Book Here

Book Description
The term financialization is a term that has become popular to describe developments within the global economy, and particularly within developed industrialized economies, over the past thirty years. The book is divided into four sections, which together give a comprehensive treatment of the economics and political economy of financialization.

The Financialization of Housing

The Financialization of Housing PDF Author: Manuel B. Aalbers
Publisher: Routledge
ISBN: 1317361784
Category : Business & Economics
Languages : en
Pages : 184

Get Book Here

Book Description
Due to the financialization of housing in today’s market, housing risks are increasingly becoming financial risks. Financialization refers to the increasing dominance of financial actors, markets, practices, measurements and narratives. It also refers to the resulting structural transformation of economies, firms, states and households. This book asserts the centrality of housing to the contemporary capitalist political economy and places housing at the centre of the financialization debate. A global wall of money is looking for High-Quality Collateral (HQC) investments, and housing is one of the few asset classes considered HQC. This explains why housing is increasingly becoming financialized, but it does not explain its timing, politics and geography. Presenting a diverse range of case studies from the US, the UK, the Netherlands, Germany, Italy and Spain, the chapters in this book include coverage of the role of the state as the driver of financialization processes, and the part played by local and national histories and institutions. This cutting edge volume will pave the way for future research in the area. Where housing used to be something "local" or "national", the two-way coupling of housing to finance has been one crucial element in the recent crisis. It is time to reconsider the financialization of both homeownership and social housing. This book will be of interest to those who study international economics, economic geography and financialization.

Financialization and the World Economy

Financialization and the World Economy PDF Author: Gerald A. Epstein
Publisher: Edward Elgar Publishing
ISBN: 9781781008263
Category : Business & Economics
Languages : en
Pages : 472

Get Book Here

Book Description
The final section offers ideas for policy responses, including capital controls and securities transaction taxes."--BOOK JACKET.

Financialization

Financialization PDF Author: Chris Hann
Publisher: Berghahn Books
ISBN: 1789207525
Category : Business & Economics
Languages : en
Pages : 358

Get Book Here

Book Description
Beginning with an original historical vision of financialization in human history, this volume then continues with a rich set of contemporary ethnographic case studies from Europe, Asia and Africa. Authors explore the ways in which finance inserts itself into relationships of class and kinship, how it adapts to non-Western religious traditions, and how it reconfigures legal and ecological dimensions of social organization, and urban social relations in general. Central themes include the indebtedness of individuals and households, the impact of digital technologies, the struggle for housing, financial education, and political contestation.

The Routledge International Handbook of Financialization

The Routledge International Handbook of Financialization PDF Author: Philip Mader
Publisher: Routledge
ISBN: 1351390368
Category : Business & Economics
Languages : en
Pages : 584

Get Book Here

Book Description
Financialization has become the go-to term for scholars grappling with the growth of finance. This Handbook offers the first comprehensive survey of the scholarship on financialization, connecting finance with changes in politics, technology, culture, society and the economy. It takes stock of the diverse avenues of research that comprise financialization studies and the contributions they have made to understanding the changes in contemporary societies driven by the rise of finance. The chapters chart the field’s evolution from research describing and critiquing the manifestations of financialization towards scholarship that pinpoints the driving forces, mechanisms and boundaries of financialization. Written for researchers and students not only in economics but from across the social sciences and the humanities, this book offers a decidedly global and pluri-disciplinary view on financialization for those who are looking to understand the changing face of finance and its consequences.

Financialization and the US Economy

Financialization and the US Economy PDF Author: È Orhangazi
Publisher: Edward Elgar Publishing
ISBN: 1848440162
Category : Business & Economics
Languages : en
Pages : 177

Get Book Here

Book Description
Profound transformations have taken place both in the US and the global economy, most especially in the realm of finance. This title brings together a comprehensive analysis of financialization in the US economy that encompasses historical, theoretical, and empirical sides of the issues.

Cultures of Financialization

Cultures of Financialization PDF Author: M. Haiven
Publisher: Springer
ISBN: 1137355972
Category : Social Science
Languages : en
Pages : 301

Get Book Here

Book Description
Drawing on a wide range of case studies, Cultures of Financialization argues that, in our age of crisis, the global economy is more invested than ever in culture and the imagination. We must take the idea of 'fictitious capital' seriously as a way to understand the power of finance, and what might be done to stop it.

Financialization and the Economy

Financialization and the Economy PDF Author: Agata Gemzik-Salwach
Publisher: Taylor & Francis
ISBN: 131528152X
Category : Business & Economics
Languages : en
Pages : 213

Get Book Here

Book Description
There can be no doubt that the influence of the financial sphere has intensified rapidly in recent years, but there is much debate about the effect of that influence. The aftermath of the Financial Crisis has led to numerous discussions of the phenomenon of so-called financialization: the increasing impact of financial institutions on the activity of all business entities; emerging threats related with dynamically developing financial markets and the growing importance of financial themes. In light of these issues, which appear in all economies and touch all entities and every area of economic activity, there is a need for a summary and evaluation of the role of financialization in the world today. This monograph presents the role of financialization in the modern world. It shows positive as well as negative effects of financialization on the stability of the whole economy, the functioning of different types of markets, activity of enterprises, state institutions and behaviours of households. Written by expert contributors, this book plays an important role in the debate concerning future directions of development of the financial sector and financial markets. Financialization and the Economy is of great importance to those who study political economy, macroeconomics and banking.

Profiting Without Producing

Profiting Without Producing PDF Author: Costas Lapavitsas
Publisher: Verso Books
ISBN: 178168197X
Category : Political Science
Languages : en
Pages : 417

Get Book Here

Book Description
Financialization is one of the most innovative concepts to emerge in the field of political economy during the last three decades, although there is no agreement on what exactly it is. Profiting Without Producing puts forth a distinctive view defining financialization in terms of the fundamental conduct of non-financial enterprises, banks and households. Its most prominent feature is the rise of financial profit, in part extracted from households through financial expropriation. Financialized capitalism is also prone to crises, none greater than the gigantic turmoil that began in 2007. Using abundant empirical data, the book establishes the causes of the crisis and discusses the options broadly available for controlling finance.

Financialization and Strategy

Financialization and Strategy PDF Author: Julie Froud
Publisher: Routledge
ISBN: 1134314558
Category : Business & Economics
Languages : en
Pages : 416

Get Book Here

Book Description
Considering the recent impact of the capital market on corporate strategy, this text analyzes, through argument and supportive case studies, how pressures from the capital bull market of the 1990s and bear market of the early 2000s, have reshaped management action and calculation in large, publicly quoted US and UK corporations. Beginning with the dissatisfaction with classical strategy and its limited engagement with the processes of financialization, the book moves on to cover three detailed company case studies (General Electric, Ford and GlaxoSmithKline) which use long run financial data and analysis of company and industry narratives to illustrate and explore key themes. The book emphasizes the importance of company and industry narrative, while also analyzing long term financial results, and helps to explain the limits of management action and the burden of expectations placed on corporate governance. Presenting financial and market information on trajectory in an accessible way, this book provides a distinctive, critical social science account of management in large UK and US corporations, and it is a valuable resource for students, scholars and researchers of business, management, political economy and non-mainstream economics. short listed for the 2007 IPEG Book Prize