WebHousing and real estate markets worldwide have been transformed by global capital markets and financial excess. Known as the financialization of housing, the phenomenon occurs when housing is treated as a commodity—a vehicle for wealth and investment—rather than a social good. With roots in the 2008 financial crisis, the impact of the shift ... WebFinancialization describes a thhistorical trend since the late 20 century in which finance and financial considerations became increasingly central to the workings of the economy. The concept of financialization gained significance particularly because it marks a fundamental discontinuity between the post-War economy, driven by industrial

Financialization - Wikiwand

WebDec 4, 2024 · Financialization alludes to the increase in size and significance of a country's financial sectorrelative to its overall economy. Financialization has happened as … WebFeb 4, 2024 · The change is real and it’s a thing called “financialization.”. It has arisen from of an economy that is increasingly focused on the financial sector at the expense of other areas of the economy. And it’s relatively new. Scholars have suggested many causes for financialization, but they often end up just blaming markets. pira leadership

State-led Financialization in China: The Case of the Government …

WebFinancialization is a set of related phenomena that reveal “the increasing role of financial motives, financial markets, financial instruments, financial actors, and financial … WebFinancialization is a term sometimes used in discussions of a form of capitalism which developed over several decades leading up to the 2007-2009 financial crisis, and in … Financialization (or financialisation in British English) is a term sometimes used to describe the development of financial capitalism during the period from 1980 to present, in which debt-to-equity ratios increased and financial services accounted for an increasing share of national income relative … See more Various definitions, focusing on specific aspects and interpretations, have been used: • Greta Krippner of the University of Michigan writes that financialization refers to a "pattern of See more In the American experience, increased financialization occurred concomitant with the rise of neoliberalism and the free-market doctrines of Milton Friedman and the Chicago School of Economics in the late twentieth century. Various academic economists of that … See more The data for turnover in the futures markets in 1970, 1980, and 1990 is based on the number of contracts traded, which is reported by the organized exchanges, such as the Chicago Board of Trade, the Chicago Mercantile Exchange, and the New York … See more One of the most notable features of financialization has been the development of overleverage (more borrowed capital and less own capital) and, as a related tool, financial derivatives: financial instruments, the price or value of which is derived from the price or value of … See more Other financial markets exhibited similarly explosive growth. Trading in US equity (stock) markets grew from $136.0 billion (or 13.1% of US GDP) in 1970 to $1.671 trillion (or 28.8% of U.S. GDP) in 1990. In 2000, trading in US equity markets was $14.222 trillion … See more The financial sector is a key industry in developed economies, in which it represents a sizable share of the GDP and an important source of employment. Financial services See more In the wake of the 2007-2010 financial crisis, a number of economists and others began to argue that financial services had become too large a … See more sterling brim clothing line