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Development geography II: Financialization

cam.issuedOnline2017-10-04
dc.contributor.authorMawdsley, E
dc.contributor.orcidMawdsley, Emma [0000-0003-0281-6858]
dc.date.accessioned2018-11-07T00:30:45Z
dc.date.available2018-11-07T00:30:45Z
dc.date.issued2018
dc.description.abstract<jats:p>Financialization is now a key area of research within Geography. Development geographers have made significant (although arguably under-recognized) contributions, notably in relation to household and ‘everyday’ financialization, as well as recent work on the financialization of nature, land, infrastructure, health and energy in the Global South. In this progress report, I argue that donors are currently seeking to accelerate and deepen financialization in the name of ‘development’. Foreign aid is being used to de-risk investment, ‘escort’ capital to ‘frontier’ markets, and carry out the mundane work of transforming objects into assets available to speculative capital flows. Financialization both permeates and goes beyond the more commonly referenced private sector-led development. Donors are pursuing these strategies and programmes with little or no reference to the threats posed by greater financialization.</jats:p>
dc.identifier.doi10.17863/CAM.32064
dc.identifier.eissn1477-0288
dc.identifier.issn0309-1325
dc.identifier.urihttps://www.repository.cam.ac.uk/handle/1810/284691
dc.language.isoeng
dc.publisherSAGE Publications
dc.publisher.urlhttp://dx.doi.org/10.1177/0309132516678747
dc.subjectdevelopment
dc.subjecteconomic geography
dc.subjectfinancialization
dc.subjectforeign aid
dc.subjectprivate sector
dc.titleDevelopment geography II: Financialization
dc.typeArticle
prism.endingPage274
prism.issueIdentifier2
prism.publicationDate2018
prism.publicationNameProgress in Human Geography
prism.startingPage264
prism.volume42
rioxxterms.licenseref.startdate2018-04-01
rioxxterms.licenseref.urihttp://www.rioxx.net/licenses/all-rights-reserved
rioxxterms.typeJournal Article/Review
rioxxterms.versionAM
rioxxterms.versionofrecord10.1177/0309132516678747

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