The post crisis Transition: Towards new investment circuits ?
The recent Global financial crisis has marked an unprecedented separation between finance and real economy. This paper deals with the question of today’s transition within finance geography. It focuses on the transition process of the Swiss financial system after 2008 from institutional and territorial perspective. More specifically, this study investigates new investment circuits in Switzerland and attempts to understand to which extent they are connected to entrepreneurial activities at local and regional levels. Our main findings highlight that the Swiss case shows two opposite movements: “from the top”, i.e. Swiss pension fund sector and “from below”, i.e. regional private entrepreneurial investors. We will finally demonstrate that, because of the specific institutional framework, the current transition process in Switzerland is more likely to be driven by small regional actors, rather than by large institutional investors.
|Date of creation:||Sep 2013|
|Contact details of provider:|| Postal: Faubourg de l'Hôpital 27, 2000 Neuchâtel, Switzerland|
Phone: +41 (0)32 718 1420
Fax: +41 (0)32 718 1421
Web page: http://www2.unine.ch/socio/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:nct:wpaper:09-13. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alain Paul Segessemann)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.