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Making sense of the uneven geography of urban and regional growth in the era of financialization: financial intermediation, institutions and markets

Making sense of the uneven geography of urban and regional growth in the era of financialization:... This critical engagement with Gordon Clark’s inspirational (re)interpretation of uneven urban and regional growth in the era of financialization calls for a wider concept of financial intermediation that embraces not just the linking of savers and investors but more importantly the development of securitized products. Special attention is drawn to the economic, social and political conditions enabling financial intermediation and investment in urban infrastructure to assume a prominent position. Appraisal of the role played by financial intermediation in urban and regional growth needs to be mindful of the values and perspectives not just of elites as winners of the game but also of ordinary citizens and of the losers and victims of globalization, neoliberalization and financialization. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Area Development and Policy Taylor & Francis

Making sense of the uneven geography of urban and regional growth in the era of financialization: financial intermediation, institutions and markets

Area Development and Policy , Volume 2 (3): 6 – Sep 2, 2017

Making sense of the uneven geography of urban and regional growth in the era of financialization: financial intermediation, institutions and markets

Abstract

This critical engagement with Gordon Clark’s inspirational (re)interpretation of uneven urban and regional growth in the era of financialization calls for a wider concept of financial intermediation that embraces not just the linking of savers and investors but more importantly the development of securitized products. Special attention is drawn to the economic, social and political conditions enabling financial intermediation and investment in urban infrastructure to assume a prominent...
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Publisher
Taylor & Francis
Copyright
© 2017 Regional Studies Association
ISSN
2379-2957
eISSN
2379-2949
DOI
10.1080/23792949.2017.1347049
Publisher site
See Article on Publisher Site

Abstract

This critical engagement with Gordon Clark’s inspirational (re)interpretation of uneven urban and regional growth in the era of financialization calls for a wider concept of financial intermediation that embraces not just the linking of savers and investors but more importantly the development of securitized products. Special attention is drawn to the economic, social and political conditions enabling financial intermediation and investment in urban infrastructure to assume a prominent position. Appraisal of the role played by financial intermediation in urban and regional growth needs to be mindful of the values and perspectives not just of elites as winners of the game but also of ordinary citizens and of the losers and victims of globalization, neoliberalization and financialization.

Journal

Area Development and PolicyTaylor & Francis

Published: Sep 2, 2017

Keywords: Financialization; financial intermediation; infrastructure investment; uneven development; urban and regional growth; 金融化; 金融中介; 基础设施投资; 不均衡发展; 城市与区域增长; Financialización; intermediación financiera; inversión en infraestructura; desarrollo desigual; crecimiento urbano y regional; Финансиализации; финансовое посредничество; инвестиционная инфраструктура; неравномерность развития; городской и региональный рост

References