Developing Geographies of Financialisation
20 July, 2008
This paper will appear later in 2008 as part of a special issue of Contemporary Politics.
As of 02.10.08, the published version is available here for free download.
The paper explores flows of international remittances through the lens of the financialisation literature and identifies new ‘developing geographies of financialisation’. It argues that there are two key types of financialisation (i) an intermediated version, via the expansion of retail finance on the back of remittance flows, and (ii) a disintermediated version, via the securitisation of remittance flows. The article also identifies the need to appropriate what were previously private and informal flows and bring them into the ‘global development architecture’. This is done so under the premise of a crisis of development financing.
‘The Righteous Considereth the Cause of the Poor?’ – Public Attitudes Towards Poverty in Developing Countries
1 July, 2008
This is a recent paper that Jennifer van Heerde and I wrote on public attitudes to poverty. Click here to download the pdf of the October 2008 version of the paper.
The paper uses the raw data from the UK Department for International Development’s annual survey into UK public attitudes towards poverty in the developing world. We find that individual level concern for poverty is affected by whether people see poverty as something which impacts upon them or not – those with self-interested attitudes tend to be less concerned about poverty. This is important because (1) it suggests that material interests are not a good basis for building support for UK development policy, and (2) DFID and the OECD are looking to harness self-interested attitudes in building this support. There is also a content analysis of 6 UK newspapers based on the questions from the survey.
This version of the paper is the latest (October 2008) and has been revised and resubmitted to Political Studies in the light of the referees’ comments. It is hopefully the first in a number of papers that we are preparing on this topic. Comments are very welcome!