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Development geography II
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, infrast...
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Published in: | Progress in human geography 2018-04, Vol.42 (2), p.264-274 |
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container_title | Progress in human geography |
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creator | Mawdsley, Emma |
description | 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. |
doi_str_mv | 10.1177/0309132516678747 |
format | article |
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ispartof | Progress in human geography, 2018-04, Vol.42 (2), p.264-274 |
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source | International Bibliography of the Social Sciences (IBSS); Sage Journals Online; Sociological Abstracts |
subjects | Capital Capital movement Capitalism Developing countries Donors Economic development Energy Financial aid Financial analysis Foreign aid Geographers Geography Human geography Infrastructure Investments LDCs Markets Private sector Southern Hemisphere |
title | Development geography II |
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