Connecting financialization and urbanization

The changing financial ecology of urban infrastructure in the UK

Bibliographic Data

ID7366552
AuthorsFritz‐julius Grafe (0000-0002-0014-4843), Harald A Mieg (0000-0001-9272-8389)
Year2019
Volume6
Issue1
Pages496-511
Publication date2019-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueRegional Studies Regional Science (JOURNAL)
Journal identifiersISSN: 2168-1376 • E-ISSN: 2168-1376
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/21681376.2019.1668291
OpenAlexW2980147493
LanguageEN
Citations received12
References cited54

This paper discusses a conceptual model for critically engaging with the effects of financialization on contemporary cities. The current state of theory on financialization in the urban context focuses foremost on the real estate sector activities, regulatory frameworks and governance structures that enable urban financialization. The paper addresses the calls for a closer examination of the spatial patterns that emerge from these practices. By combining financial ecologies as an analytical tool with infrastructure as a perspective, it provides a conceptual model in order to understand the impacts of financialization on cities. The paper discusses the conceptual model in the context of the introduction of the UK Municipal Bonds Agency. It concludes by outlining some of the spatial effects of the UK’s changing financial ecology of urban infrastructure

Agency (philosophy · Conceptual framework · Context (archaeology · Corporate governance · Economic geography · Economic growth · Economic system · Economics · Financial services · Financialization · Geography · Order (exchange · Real estate · Real estate investment trust · Social science · Sociology · Urbanization · Housing, Finance, and Neoliberalism · Urban Planning and Governance · Finance

Tools

Open DOISci-HubOpen Access