Finance and space最新文献

筛选
英文 中文
African experiments in infrastructure financialisation: an urbanisation of debt in Malawi. 非洲基础设施金融化的实验:马拉维的债务城市化。
Finance and space Pub Date : 2025-07-24 eCollection Date: 2025-01-01 DOI: 10.1080/2833115X.2025.2516571
Matthew Lane, Evance Mwathunga, Jennifer Robinson
{"title":"African experiments in infrastructure financialisation: an urbanisation of debt in Malawi.","authors":"Matthew Lane, Evance Mwathunga, Jennifer Robinson","doi":"10.1080/2833115X.2025.2516571","DOIUrl":"10.1080/2833115X.2025.2516571","url":null,"abstract":"<p><p>Diverging from accounts that portray financialisation in the Global South as 'subordinate' to that experienced in the north, in this paper we examine the recent financing and delivery of urban infrastructure projects in Malawi using bonds sold on the domestic market. We do so to make two contributions to the geographical literature on financialisation. Firstly, to reveal how (contrary to accounts in the recent international development literature) non-revenue generating urban infrastructure debt <i>is</i> able to be assetised on domestic markets in poorer countries, despite seemingly restrained and indebted fiscal backdrops. Secondly, to account for the wider political, economic, and social implications that arise from using the growth in domestic capital markets (principally in the form of pension funds) to finance the delivery of large-scale urban infrastructure projects. Through our analysis we argue that an 'urbanisation of debt' is taking place in Malawi with statement urban infrastructure projects a potential new arena for achieving a range of domestic macro-economic agendas. This serves to challenge perceptions of urban Africa as an inert landscape, inconducive to flows of private-sector investment, instead emphasising the importance of articulating what types of capital logics are being drawn to African urbanisation, and why.</p>","PeriodicalId":520979,"journal":{"name":"Finance and space","volume":"2 1","pages":"237-259"},"PeriodicalIF":0.0,"publicationDate":"2025-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC12333128/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144819094","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:604180095
Book学术官方微信
小红书