Financialization made in Germany: A review

Arbeitspapier

This article examines the spread of financialization in Germany before the financial crisis. It provides an up-to date overview on the literature on financialization and reviews which of the phenomena typically associated with financialization have emerged in Germany. In particular, the article aims to clarify how the prevailing institutional structure and its changes had contributed to or had countervailed the spread of financialization and how it had shaped the specific German variant of financialization. For this end, it combines the rich literature on Germany's institutional structure with the more macroeconomic oriented literature on financializaton. With the combination of those different perspectives the article sheds light on the reasons for the spread of financialization and the specific forms it has taken in Germany.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Working Paper ; No. 122/2019

Classification and Topics

• Classification: Wirtschaft ; Financial Markets and the Macroeconomy ; Macroeconomic Aspects of International Trade and Finance: General ; Financial Institutions and Services: General ; Corporate Finance and Governance: General ; Business and Securities Law
• Subject: Banking ; Corporate Governance ; Financialization ; Financial Sector ; Financial Regulation ; Varieties of Capitalism

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Detzer, Daniel
• Event: Veröffentlichung
• (who): Hochschule für Wirtschaft und Recht Berlin, Institute for International Political Economy (IPE)
• (where): Berlin
• (when): 2019

Further information

• Handle: http://hdl.handle.net/10419/203147
• Last update: 10.03.2025, 11:42 AM CET