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Towards a ‘newer’ economic geography? Injecting finance and financialisation into economic geographies

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  • Martin Sokol

Abstract

This paper argues that the ongoing financial and economic crisis creates an opportunity for economic geography to move to a centre stage of academic debates about the nature of contemporary capitalism. Such a ‘newer’ economic geography needs to start by injecting finance and financialisation into conceptualisations of economies and their uneven geographies and by re-engaging with the issues of value(s), value flows and circuits of value. The paper highlights one particular aspect of circuits of value that takes a form of credit–debt relationship. Copyright 2013, Oxford University Press.

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  • Martin Sokol, 2013. "Towards a ‘newer’ economic geography? Injecting finance and financialisation into economic geographies," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 6(3), pages 501-515.
  • Handle: RePEc:oup:cjrecs:v:6:y:2013:i:3:p:501-515
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    File URL: http://hdl.handle.net/10.1093/cjres/rst022
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    Cited by:

    1. Lee, Neil & Brown, Ross, 2016. "Innovation, SMEs and the liability of distance: the demand and supply of bank funding in peripheral UK regions," LSE Research Online Documents on Economics 66215, London School of Economics and Political Science, LSE Library.
    2. Neil Lee & Davide Luca, 2019. "The big-city bias in access to finance: evidence from firm perceptions in almost 100 countries," Journal of Economic Geography, Oxford University Press, vol. 19(1), pages 199-224.
    3. Sokol, Martin, 2017. "Financialisation, financial chains and uneven geographical development: Towards a research agenda," Research in International Business and Finance, Elsevier, vol. 39(PB), pages 678-685.

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