This article examines the spread of financialization in Germany before the financial crisis. It provides an up-to date … overview on the literature on financialization and reviews which of the phenomena typically associated with financialization … changes had contributed to or had countervailed the spread of financialization and how it had shaped the specific German …

Financialization is a process whereby financial markets, financial institutions, and financial elites gain greater … influence over economic policy and economic outcomes. Financialization transforms the functioning of economic systems at both … contribute to wage stagnation. Additionally, there are reasons to believe that financialization may put the economy at risk of …

as financialization. Authors working in the heterodox tradition have raised the question whether the changing role of … term financialization and presents some stylized facts which highlight the rise of finance. Then, it proceeds by briefly … Marxian tradition are reviewed which consider financialization as the latest stage of capitalism. They highlight the …

This paper contributes to the financialization literature exploring the dynamics of financialization in eight emerging … accumulation of foreign liabilities. Foreign financial flows in Russia were not as significant for the process of financialization …, but rather the state itself. In this paper we identify two types of financialization: 'foreign-finance-led' and 'state …

, particularly in terms of their growth models and subordinated financialization. …