Showing 1 - 10 of 11
underconsumption, is not the unique cause of the 2007-9 crisis. Not only has financialization changed the behavior of consumer … financing. The financialization of the monetary economy of production can be better explained if we understand the shift to a …
Persistent link: https://www.econbiz.de/10009353118
economies operate. In particular, financialization contributed to the decoupling of finance from production as we moved away … relationship. The financialization of the economy had many important consequences, notably on income distribution, and it is … particularly through income distribution that financialization affects economic activity. Throughout this crisis, the profession …
Persistent link: https://www.econbiz.de/10008741380
the definition itself of financialization. …
Persistent link: https://www.econbiz.de/10010612753
The term "financialization" is a recognition that finance has come to play a key role on the modern capitalist economy … main themes in the literature on financialization are examined and shown to lack a coherent account of financial processes …
Persistent link: https://www.econbiz.de/10010812078
This article attempts to summarize the growing literature on "financialization" in developing and emerging countries … in such countries as financialization, as well as the recent developments in non-conventional approaches to finance and … empirical facts associated with Financialization that have come out of such literatures with respect to both the changing role …
Persistent link: https://www.econbiz.de/10010812080
The paper seeks to distinguish between two broad perspectives on financialization. The first takes the view that … financialization relates to the growth of the financial sector in its operations, power, etc. On that basis, financialization has been … proceeding with ups and downs for possibly thousands of years. The specific forms financialization may have taken in the past few …
Persistent link: https://www.econbiz.de/10010812081
Within the framework of Marxist political economy, financialization is understood through the prisms of logical … underpinned the period of neoliberalism, including the global crisis. Financialization is seen as the expansion of interest … capital. An appendix draws out the differences between the approach taken herein and the approach on financialization taken by …
Persistent link: https://www.econbiz.de/10010812082
The impact of financialization in developing economies that have weak capital markets is explained in terms of external …
Persistent link: https://www.econbiz.de/10010812083
interest-bearing capital, that is, to financialization, to remedy the situation. A crisis of overproduction preceded the …
Persistent link: https://www.econbiz.de/10010663132
mature dominant economy was "hollowed out" via financialization/outsourcing, while awakening the periphery. We model this as …
Persistent link: https://www.econbiz.de/10010663137