Ewa Karwowski
Biographic Data
| ID | 198200 |
|---|---|
| NAME | Ewa Karwowski |
| GIVEN NAMES | Ewa |
| FAMILY NAME | Karwowski |
| SIGNATURE | KARWOWSKI E |
| AFFILIATIONS | Kingston University |
| ORCID | 0000-0001-6350-1839 |
| VERIFIED | Yes |
| TOTAL WORKS | 11 |
| TOTAL CITATIONS | 50 |
| AUTHOR COUNT | 9 |
| EDITOR COUNT | 2 |
| FIRST PUBLICATION YEAR | 2013 |
| LATEST PUBLICATION YEAR | 2026 |
| H-INDEX | 4 |
International financialisation in emerging economies: The impact of financial openness, financial inflows, global production networks and global financial centres
There is growing consensus that external dynamics of the global financial and monetary system substantially shape financialisation in Emerging Economies (EEs). We identify four aspects of international financialisation that are commonly understood to drive domestic financialisation: financial openness, foreign financial inflows, leadership in global production networks (GPNs) and the presence of Global Financial Centres (GFCs). We set out to anal…
Financialization of and by International Organizations: The United Nations and the Global Climate Finance Architecture
This contribution uses a discussion of the global climate finance architecture to put forward and illustrate a conceptualization of the financialization of and by international organizations. It highlights four channels through which the phenomenon operates: (1) the adoption of financial logics; (2) the advancement of financial innovation; (3) the embracing of financial accumulation; and (4) the direct financialization of member states’ policies …
Impasse or mutation? Austerity and (de)financialisation of local governments in Britain
Post crisis, local governments’ (LGs) budgets have been drastically cut in Britain. Similar budgetary strains had serious consequences in the past, leading to major restructuring in LGs’ functions. This paper interrogates the spatial dynamics of short-term municipal finances by putting into dialogue the political economy perspectives on financialisation with the economic geography literature on urban governance. Using data for over 400 municipal …
Commercial finance for development: A back door for financialisation
The global Covid-19 pandemic has accelerated a trend under way for the last decade: the enlistment of private-sector commercial finance for development. This finance can be brought in through (1) regular cross-border flows, (2) blended finance and (3) impact bonds. This briefing argues that intensified foreign financial inflows are likely to draw African economies further into financialisation, which increases financial instability and can underm…
Towards (de-)financialisation: The role of the state
Understanding the nature of state financialisation is crucial to ensure de-financialisation efforts are successful. Therefore, this article provides a structured overview of the emerging literature on financialisation and the state. We define financialisation of the state broadly as the changed relationship between the state, understood as sovereign with duties and accountable towards its citizens, and financial markets and practices, in ways tha…
Dimensions and Determinants of Financialisation: Comparing OECD Countries since 1997
The financialisation literature has grown over the past decades. Despite a generally accepted definition, financialisation has been used to describe different phenomena. We distinguish between financialisation of non-financial companies, households and the financial sector and use activity and vulnerability measures. We identify seven financialisation hypotheses in the literature and empirically investigate them in a cross-country analysis for 17…
How Financialization Undermines Democracy
Financialisation in emerging economies: A systematic overview and comparison with Anglo-Saxon economies
Financialisation research has originally focussed on the US experience, but the concept is now increasingly applied to emerging economies (EMEs). There is a rich literature stressing peculiarities of individual country experiences, but little systematic comparison across EMEs. This paper fills this gap, providing an overview of the debate and identifying six financialisation interpretations for EMEs. These different interpretations stress (1) fin…
The Finance-Mining Nexus in South Africa: How Mining Companies Use the South African Equity Market to Speculate
Until recently, the deepening of financial markets in developing countries has been widely seen as growth-enhancing. A well-developed capital market – so the argument goes – provides a source of finance for productive investment, thus fostering growth. South Africa possesses one of the oldest stock exchanges among emerging economies, making the country a good case study to scrutinise such growth-enhancing effects. Employing a detailed – and origi…
Economic Crisis and Political Economy: Volume 2 of Essays in Honour of Tadeusz Kowalik
Rosa Luxemburg, Oskar Lange and Micha? Kalecki made important contributions to twentieth century political economy that guided the thinking of their student Tadeusz Kowalik. The chapters of this volum
The Legacy of Rosa Luxemburg, Oskar Lange and MichaÅ Kalecki: Volume 1 of Essays in Honour of Tadeusz Kowalik
Rosa Luxemburg, Oskar Lange and Michal Kalecki made important contributions to twentieth century political economy that guided the thinking of their student Tadeusz Kowalik. These contributions are re
Financialisation in emerging economies: A systematic overview and comparison with Anglo-Saxon economies
Financialisation research has originally focussed on the US experience, but the concept is now increasingly applied to emerging economies (EMEs). There is a rich literature stressing peculiarities of individual country experiences, but little systematic comparison across EMEs. This paper fills this gap, providing an overview of the debate and identifying six financialisation interpretations for EMEs. These different interpretations stress (1) fin…
Dimensions and Determinants of Financialisation: Comparing OECD Countries since 1997
The financialisation literature has grown over the past decades. Despite a generally accepted definition, financialisation has been used to describe different phenomena. We distinguish between financialisation of non-financial companies, households and the financial sector and use activity and vulnerability measures. We identify seven financialisation hypotheses in the literature and empirically investigate them in a cross-country analysis for 17…
Impasse or mutation? Austerity and (de)financialisation of local governments in Britain
Post crisis, local governments’ (LGs) budgets have been drastically cut in Britain. Similar budgetary strains had serious consequences in the past, leading to major restructuring in LGs’ functions. This paper interrogates the spatial dynamics of short-term municipal finances by putting into dialogue the political economy perspectives on financialisation with the economic geography literature on urban governance. Using data for over 400 municipal …
Commercial finance for development: A back door for financialisation
The global Covid-19 pandemic has accelerated a trend under way for the last decade: the enlistment of private-sector commercial finance for development. This finance can be brought in through (1) regular cross-border flows, (2) blended finance and (3) impact bonds. This briefing argues that intensified foreign financial inflows are likely to draw African economies further into financialisation, which increases financial instability and can underm…
The Finance-Mining Nexus in South Africa: How Mining Companies Use the South African Equity Market to Speculate
Until recently, the deepening of financial markets in developing countries has been widely seen as growth-enhancing. A well-developed capital market – so the argument goes – provides a source of finance for productive investment, thus fostering growth. South Africa possesses one of the oldest stock exchanges among emerging economies, making the country a good case study to scrutinise such growth-enhancing effects. Employing a detailed – and origi…
How Financialization Undermines Democracy
The Legacy of Rosa Luxemburg, Oskar Lange and MichaÅ Kalecki: Volume 1 of Essays in Honour of Tadeusz Kowalik
Rosa Luxemburg, Oskar Lange and Michal Kalecki made important contributions to twentieth century political economy that guided the thinking of their student Tadeusz Kowalik. These contributions are re
Economic Crisis and Political Economy: Volume 2 of Essays in Honour of Tadeusz Kowalik
Rosa Luxemburg, Oskar Lange and Micha? Kalecki made important contributions to twentieth century political economy that guided the thinking of their student Tadeusz Kowalik. The chapters of this volum
The Finance-Mining Nexus in South Africa: How Mining Companies Use the South African Equity Market to Speculate
Until recently, the deepening of financial markets in developing countries has been widely seen as growth-enhancing. A well-developed capital market – so the argument goes – provides a source of finance for productive investment, thus fostering growth. South Africa possesses one of the oldest stock exchanges among emerging economies, making the country a good case study to scrutinise such growth-enhancing effects. Employing a detailed – and origi…
Financialisation in emerging economies: A systematic overview and comparison with Anglo-Saxon economies
Financialisation research has originally focussed on the US experience, but the concept is now increasingly applied to emerging economies (EMEs). There is a rich literature stressing peculiarities of individual country experiences, but little systematic comparison across EMEs. This paper fills this gap, providing an overview of the debate and identifying six financialisation interpretations for EMEs. These different interpretations stress (1) fin…
Towards (de-)financialisation: The role of the state
Understanding the nature of state financialisation is crucial to ensure de-financialisation efforts are successful. Therefore, this article provides a structured overview of the emerging literature on financialisation and the state. We define financialisation of the state broadly as the changed relationship between the state, understood as sovereign with duties and accountable towards its citizens, and financial markets and practices, in ways tha…
Dimensions and Determinants of Financialisation: Comparing OECD Countries since 1997
The financialisation literature has grown over the past decades. Despite a generally accepted definition, financialisation has been used to describe different phenomena. We distinguish between financialisation of non-financial companies, households and the financial sector and use activity and vulnerability measures. We identify seven financialisation hypotheses in the literature and empirically investigate them in a cross-country analysis for 17…
How Financialization Undermines Democracy
Impasse or mutation? Austerity and (de)financialisation of local governments in Britain
Post crisis, local governments’ (LGs) budgets have been drastically cut in Britain. Similar budgetary strains had serious consequences in the past, leading to major restructuring in LGs’ functions. This paper interrogates the spatial dynamics of short-term municipal finances by putting into dialogue the political economy perspectives on financialisation with the economic geography literature on urban governance. Using data for over 400 municipal …
Commercial finance for development: A back door for financialisation
The global Covid-19 pandemic has accelerated a trend under way for the last decade: the enlistment of private-sector commercial finance for development. This finance can be brought in through (1) regular cross-border flows, (2) blended finance and (3) impact bonds. This briefing argues that intensified foreign financial inflows are likely to draw African economies further into financialisation, which increases financial instability and can underm…
Financialization of and by International Organizations: The United Nations and the Global Climate Finance Architecture
This contribution uses a discussion of the global climate finance architecture to put forward and illustrate a conceptualization of the financialization of and by international organizations. It highlights four channels through which the phenomenon operates: (1) the adoption of financial logics; (2) the advancement of financial innovation; (3) the embracing of financial accumulation; and (4) the direct financialization of member states’ policies …
International financialisation in emerging economies: The impact of financial openness, financial inflows, global production networks and global financial centres
There is growing consensus that external dynamics of the global financial and monetary system substantially shape financialisation in Emerging Economies (EEs). We identify four aspects of international financialisation that are commonly understood to drive domestic financialisation: financial openness, foreign financial inflows, leadership in global production networks (GPNs) and the presence of Global Financial Centres (GFCs). We set out to anal…
Economics (9 works) · Housing, Finance, and Neoliberalism (8 works) · Political science (8 works) · Finance (6 works) · Financial market (5 works) · Economic Theory and Policy (4 works) · Financial system (4 works) · Political Economy and Marxism (4 works) · Politics (4 works) · Business (3 works)