IDEAS home Printed from https://ideas.repec.org/a/mes/ijpoec/v42y2013i4p5-18.html
   My bibliography  Save this article

What Is Financialization?

Author

Listed:
  • Malcolm Sawyer

Abstract

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 decades are outlined. The findings from mainstream economics literature on one aspect of financialization (growth of bank deposits, growth of stock markets) and economic growth are reviewed. The second perspective views financialization (financialized capitalism) as a stage or epoch of capitalism dating from circa 1980.

Suggested Citation

  • Malcolm Sawyer, 2013. "What Is Financialization?," International Journal of Political Economy, Taylor & Francis Journals, vol. 42(4), pages 5-18.
    • Handle: RePEc:mes:ijpoec:v:42:y:2013:i:4:p:5-18
    DOI: 10.2753/IJP0891-1916420401
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2753/IJP0891-1916420401
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.2753/IJP0891-1916420401?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:ijpoec:v:42:y:2013:i:4:p:5-18. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MIJP20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.