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Subordinate financialization in emerging capitalist economies

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  • Bonizzi, Bruno
  • Kaltenbrunner, Annina
  • Powell, Jeff

Abstract

In the explosion of literature on financialization, there is a much smaller but growing interest in what the phenomenon means for emerging capitalist economies (ECEs) (Bonizzi 2013; see also Karwowski, this volume). Much of the literature that focuses on the advanced capitalist economies (ACEs) lacks a clear theory of financialization. This absence becomes even more problematic when the lens is used to attempt to describe and understand changes in ECEs.

Suggested Citation

  • Bonizzi, Bruno & Kaltenbrunner, Annina & Powell, Jeff, 2020. "Subordinate financialization in emerging capitalist economies," Greenwich Papers in Political Economy 26969, University of Greenwich, Greenwich Political Economy Research Centre.
    • Handle: RePEc:gpe:wpaper:26969
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    More about this item

    Keywords

    financialization; subordinate; finance;
    All these keywords.

    JEL classification:

    • B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • F54 - International Economics - - International Relations, National Security, and International Political Economy - - - Colonialism; Imperialism; Postcolonialism
    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance

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