#38 Working Paper Series
This essay critically applies and extensively develops the “following the money” methodology, acknowledging that studies of money flows often miss the critical processes and practices that shape them. Following money constellations is my contribution to the debate about how to study money flows within the asset management capitalism. Beyond mapping them, I propose an analytical framework that includes a perspective on how and why the flows mapped are formed and are constantly evolving. The framework arises from the necessity to include qualitative work to uncover the evolving relationships between actors participating in a financial industry’s money flows. It embraces three analytical stages: the pooling of money from potential investors; the management routines and practices that shape investment preferences; and the deployment of money in particular assets. I end this first discussion with the necessity of putting this analytical framework under debate to develop a theory on finance in the field of financial geography.
#38 FinGeo WPS_Following money constellations Feb 2025