Financialization and State Transformations

Authored by: Yingyao Wang

The Routledge International Handbook of Financialization

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

Print ISBN: 9781138308213
eBook ISBN: 9781315142876
Adobe ISBN:

10.4324/9781315142876-16

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Abstract

One of the widely cited definitions of financialization refers to the phenomenon as “the increasing role of financial motives, financial markets, financial actors, and financial institutions in the operation of domestic and international economy” (Epstein 2005: 3). In this account of financialization, the object that was being financialized was foremost the economy.

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