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Making sense of the uneven geography of urban and regional growth in the era of financialization: financial intermediation, institutions and markets
Area Development and Policy ( IF 1.8 ) Pub Date : 2017-07-26 , DOI: 10.1080/23792949.2017.1347049
George C. S. Lin

ABSTRACT This critical engagement with Gordon Clark’s inspirational (re)interpretation of uneven urban and regional growth in the era of financialization calls for a wider concept of financial intermediation that embraces not just the linking of savers and investors but more importantly the development of securitized products. Special attention is drawn to the economic, social and political conditions enabling financial intermediation and investment in urban infrastructure to assume a prominent position. Appraisal of the role played by financial intermediation in urban and regional growth needs to be mindful of the values and perspectives not just of elites as winners of the game but also of ordinary citizens and of the losers and victims of globalization, neoliberalization and financialization.

中文翻译:

理解金融化时代城市和区域增长的不平衡地理环境:金融中介,机构和市场

摘要与戈登·克拉克(Gordon Clark)对金融化时代的城市和地区增长不平衡的鼓舞性(重新)解释的这种批判性接触,要求有一个更广泛的金融中介概念,不仅包括储户和投资者的联系,更重要的是证券化产品的开发。特别注意经济,社会和政治条件,使金融中介和对城市基础设施的投资占据重要地位。在评估金融中介在城市和区域增长中所起的作用时,不仅要考虑精英作为博弈的赢家的价值观和观点,而且还要铭记普通公民以及全球化,新自由化和金融化的失败者和受害者的价值观和观点。
更新日期:2017-07-26
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