27/09/2016: GTD Colloquium “Financialisation and Development” by Emma Mawdsley

Financialisation and Development

By Emma Mawdsley (University of Cambridge)

  Globalisation, Transnationalism & Development (GTD) Colloquium organized in association with Maastricht Centre for Citizenship, Migration and Development (MACIMIDE)


Economic growth has always been at the centre of (mainstream) international development. In earlier decades it was pretty well considered synonymous with development, while later periods finessed the aim of rising GDP with issues like environmental sustainability, social indicators of wellbeing, and poverty reduction. Ideologies of how growth is produced, and what constitutes a desirable economic profile, have been through major changes of course, notably in the shift from modernization /dependency theories to the Washington Consensus and beyond. In this talk I will explore a specific thread within economic development – that of financialisation. It is highly conceptually contested, but Epstein (2005:3) defines this as “the increasing role of financial motives, financial markets, financial actors and financial institutions in the operation of the domestic and international economies”…

Go to the event page.