The objective of this report is to provide a general overview of the process of transformation and development of the financial system in Spain that has taken place since the decade of the seventies in the past century. The report shows the main distinctive features of the financialisation...

This study argues that financializations is not a phenomenon exclusively associated with complex innovation in highly developed financial markets. Financialization also affects countries with 'shallow' financial markets but with a significant presence of transnational financial actors that...