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Financial citizenship and nation-building in Malaysia: elites' and citizens' perspectives
Journal of Economic Geography ( IF 3.1 ) Pub Date : 2019-04-03 , DOI: 10.1093/jeg/lbz006
Syahirah Abdul Rahman 1 , Ismail Ertürk 1 , Julie Froud 1
Affiliation  

This article presents a postcolonial analysis of financial citizenship (FC) programmes in Malaysia. Drawing on secondary data and on interviews with elites and citizen investors, the paper explores the spatial and historically specific nature of financialisation in a postcolonial context. Specifically, the paper draws out the significance of FC as part of broader nation building objectives in Malaysia from an elite perspective, while also observing the reluctance of citizen investors who are engaging with the equity market to support the formal objectives of the policy. In doing so, it provides an example of the financialisation of everyday life in a distinctive and complex emerging economy context. Moreover, the paper explores these processes from both elite and citizen perspectives, allowing these layered relations within FC to be analysed. The article, therefore, contributes to the financialisation literature by bringing new understandings of elite–citizen relations in postcolonial nation-building strategies.

中文翻译:

马来西亚的金融公民权和国家建设:精英和公民的观点

本文介绍了对马来西亚金融公民(FC)计划的后殖民主义分析。本文利用二级数据以及对精英和公民投资者的采访,探讨了后殖民背景下金融化的空间和历史特定性质。具体而言,本文从精英的角度出发,将FC作为马来西亚更广泛的国家建设目标的一部分的重要性,同时也观察到公民投资者不愿与股票市场合作以支持该政策的正式目标。在此过程中,它提供了一个在独特而复杂的新兴经济背景下日常生活金融化的例子。此外,本文从精英和公民的角度探讨了这些过程,从而可以分析FC中的这些分层关系。
更新日期:2020-04-17
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