This article shows that financial openness significantly affects corporate and sovereign credit ratings and that the magnitude of this effect depends on the level of development of the domestic financial market. Issuers ...

The 2008 global financial crisis was the consequence of the process of financialization, or the creation of massive fictitious financial wealth, that began in the 1980s, and of the hegemony of a reactionary ideology, namely, ...

This paper presents a summary of the arguments supporting the thesis on the influence of financial governmentality in financial decisions in tobacco cooperatives in Argentina. This thesis was defended by the author at the ...

Purpose: Our findings indicate that workers with more financial education were more prepared to face the negative effects on their finances from COVID. This ability reduces the probability of becoming financially fragile ...

In this paper I present a governability or power technology form what I call financial governability that differs from the German ordoliberalism and the North American anacor liberalism, analyzed by Michel Foucault. In ...

The term “financialization of daily life” was coined by Marxist sociologist Randy Martin in the identically titled book (Martin, 2002). The book’s main focus was growing indebtedness; however, since its publication, ...

Latin America has recently experienced three cycles of capital inflows, the first two ending in major financial crises. The first took place between 1973 and the 1982 ‘debt-crisis’. The second took place between the 1989 ...