The extent and variegation of financialisation in Europe: a preliminary analysis
This paper provides a preliminary analisys of the variegated extent of financialisation of European economies since circa 1980. For this purpose, the broad characterisation of financialisation offered by Fine (2012) is adopted. This characterisation identifies eight features of the financialisation...
| Autores: | , , |
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| Tipo de recurso: | artículo |
| Fecha de publicación: | 2017 |
| País: | España |
| Institución: | Universidad de Huelva (UHU) |
| Repositorio: | Arias Montano. Repositorio Institucional de la Universidad de Huelva |
| Idioma: | inglés |
| OAI Identifier: | oai:ariasmontano.uhu.es:10272/14077 |
| Acceso en línea: | http://hdl.handle.net/10272/14077 |
| Access Level: | acceso abierto |
| Palabra clave: | Financial crises Government policy and regulation of financial markets Financial Institutions Varieties of capitalism Variegated financialisation Crisis financieras Política gubernamental y regulación de los mercados |
| Sumario: | This paper provides a preliminary analisys of the variegated extent of financialisation of European economies since circa 1980. For this purpose, the broad characterisation of financialisation offered by Fine (2012) is adopted. This characterisation identifies eight features of the financialisation proccess. We focus in particular on the financial sector within a selection of Europeam economies. Data show that the financialisation process is not reflected in the share of employment in the financial sector. This is likely to be the result of the labour-saving nature of technological and organisational innovations introduced in the financial sector in the last two decades. |
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