Money Power and Financial Capital in Emerging Markets: Facing the Liquidity Tsunami

Research output: Book/ReportBookAcademic

Abstract

This book provides a comprehensive investigation of the messy and crisis-ridden relationship between the operations of capitalist finance, global capital flows, and state power in emerging markets.

The politics, drivers of emergence, and diversity of these myriad forms of state power are explored in light of the positionality of emerging markets within the network of space and power relations that characterises contemporary global finance. The book develops a multi-disciplinary perspective and combines insights from Marxist political economy, post-Keynesian economics, economic geography, and postcolonial and feminist International Political Economy. Alami comprehensively reviews the theories, histories, and geographies of cross-border finance management, and develops a conceptual framework which allows unpacking the complex entanglement of constraint and opportunities, of growing integration and tight discipline, that cross-border finance represents for emerging markets. Extensive fieldwork research provides an in-depth comparative critical interrogation of the policies and regulations deployed in Brazil and South Africa.

This volume will be especially useful to those researching and working in the areas of international political economy, contemporary geographies of money and finance, and critical development studies. It should also prove of interest to policy makers, practitioners, and activists concerned with the relation between finance and development in emerging markets and beyond.
Original languageEnglish
PublisherRoutledge/Taylor & Francis Group
Number of pages238
Edition1st Edition
ISBN (Electronic)9780429297106
ISBN (Print)9780367276478
Publication statusPublished - 9 Dec 2019

Publication series

SeriesRIPE series in Global Political Economy

Cite this

Alami, I. (2019). Money Power and Financial Capital in Emerging Markets: Facing the Liquidity Tsunami. (1st Edition ed.) Routledge/Taylor & Francis Group. RIPE series in Global Political Economy