– Michael Byrne and Michelle Norris – Denmark and Ireland are both small, open economies and both countries experienced housing bubbles followed by housing and financial busts between the late 1990s and the present day. While the nature and extent of the housing and financial crises experienced by each country differs (Ireland’s experience being significantly […]

– Vladimír Pažitka and Dariusz Wójcik – The aftermath of the global financial crisis (GFC) has seen a sharp reduction in employment in financial services in the United Kingdom, shrinking bank balance sheets and reduction in global corporate finance and investment banking revenue. Underneath the veil of this grim picture, however, there was a lot […]

– Manuel B. Aalbers –Many financial geographers use the term “financialization”. But what is financialization? It clearly has to do with finance and the “-ation” part suggests that it is not a state or end result but an action, something that is made. So let’s start by looking at the meaning of “finance”. The term […]

—Dariusz Wójcik— Is not financial geography an oxymoron? Why should geographers, naturally interested in travel, outdoors, breathing fresh air while doing fieldwork be interested in money, taxes, assets and liabilities? If you were interested in these things, would not you become an economist or at least an accountant rather than geographer? Take a look at […]

—David Bassens, Reijer Hendrikse and Michiel van Meeteren— “[C]apitalism is a complex, adaptive system which has reached the limits of its capacity to adapt” (Mason 2015: xiii) In his book Postcapitalism (2015), the British journalist Paul Mason criticizes the ‘who is who’ of erstwhile revolutionary thinkers for their failure to anticipate the flexibility of the […]

—Dariusz Wójcik, Eric Knight, Phillip O’Neill and Vladimír Pažitka— Investment banks have been powerful financial institutions at least since the late 19th century. Their power stems from their role as the key financiers and advisers of corporations and governments, giving them privileged access to information, the main resource in global financial markets alongside talent, which […]

—Rodrigo Fernandez— This working paper provides an empirical overview of how housing-centred financialization developed across space and time. This is important because we still lack a comprehensive understanding of the geography of countries experiencing a debt-led housing bubble. Our data, collected within the frame of the Real Estate/ Financial complex (REFCOM) research group, show that […]