Financialisation embroils developing countries

Financialisation of developed countries includes increased lending to individuals as well as adoption of investment banking by commercial banks, thus contributing directly to the crisis of 2007-9. Financialisation has acquired an international aspect since the 1990s, primarily through liberalised ca...

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Bibliographic Details
Main Author: Costas Lapavitsas
Format: Article
Language:English
Published: Universidad Complutense de Madrid 2009-01-01
Series:Papeles de Europa
Subjects:
Online Access:http://147.96.1.34/index.php/PADE/article/view/22422