Subordinate Financialization in Emerging Capitalist Economies

Authored by: Bruno Bonizzi , Annina Kaltenbrunner , Jeff Powell

The Routledge International Handbook of Financialization

Print publication date:  February  2020
Online publication date:  February  2020

Print ISBN: 9781138308213
eBook ISBN: 9781315142876
Adobe ISBN:

10.4324/9781315142876-15

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Abstract

In the explosion of literature on financialization, there is a much smaller but growing interest in what the phenomenon means for emerging capitalist economies (ECEs) (Bonizzi 2013; see also Karwowski, this volume). Much of the literature that focuses on the advanced capitalist economies (ACEs) lacks a clear theory of financialization. This absence becomes even more problematic when the lens is used to attempt to describe and understand changes in ECEs.

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