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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 …
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In the era of financialisation, increasing income inequality could be observed in most developed and many developing countries. Despite these similar developments in inequality, the growth performance and drivers for growth differed markedly among countries, allowing clusters of different growth...
Persistent link: https://www.econbiz.de/10011449155
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 …
Persistent link: https://www.econbiz.de/10012060679
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This paper analyses the long-run effects of financialisation and of the recent financial and economic crises for 15 countries. In order to provide a theoretical framework, we first outline three types of regimes under the conditions of financialisation, namely a debtled private demand boom, an...
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