MEANING
The growing influence of financial institutions, markets and priorities in an economy.
Use it for
analyzing an economy increasingly shaped by finance; distinguishing financial dominance from ordinary financing; examining how financial priorities affect production and investment; discussing changes in economic powerNames the expanding influence of financial actors and priorities in an economy, beyond the mere presence of financial services. Writing functions: Theory / Conceptual Language.
Words that belong together
- financialization of the economy
- financialization of housing
- increasing financialization
On the page
The chapter links the financialization of housing to changes in ownership and investment incentives.
The author distinguishes financialization from the simple expansion of access to bank accounts.
Word forms
- Base
- financialization
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Usage notes
Usually uncountable as a process noun. UK financialisation is an alias. Not a routine plural or a synonym for every use of finance. Register: academic. Commonness: moderately common in political economy (qualitative editorial estimate, informed by dictionaries/corpus).
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