Schwan, Michael (2018). Debt, Regions and the State. The Political Economy of Financialization. PhD thesis, Universität zu Köln.

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This cumulative dissertation deals with different aspects of the political economy of financialization processes, which have been largely neglected by political science so far. It first considers the centrality of sovereign debt for financialization and analyses corresponding changes in public debt management across OECD countries under the umbrella of an increasing alignment along global financial markets. Secondly, the dissertation uncovers a trend of a common, but geographically unevenly spread trend of financialization throughout European regions as a development marked by the fundamental role of private debt. Lastly, it aims at making a contribution to the growing literatur on changes in banking by bringing forward an argument about the financialization of German savings banks as monetary financial institutions that are normally regarded as risk-averse.

Item Type: Thesis (PhD thesis)
Translated title:
Schulden, Regionen und der Staat. Zur politischen Ökonomie der FinanzialisierungGerman
CreatorsEmailORCIDORCID Put Code
Schwan, Michaelschwan@wiso.uni-koeln.deUNSPECIFIEDUNSPECIFIED
Author in quotations or text extractsFastenrath, FlorianUNSPECIFIED
Author in quotations or text extractsTrampusch, ChristineUNSPECIFIED
URN: urn:nbn:de:hbz:38-83546
Date: 20 June 2018
Language: English
Faculty: Faculty of Management, Economy and Social Sciences
Divisions: Faculty of Management, Economics and Social Sciences > Social Sciences > Political Science > Cologne Center for Comparative Politics
Subjects: Political science
Management and auxiliary services
Geography and travel
Uncontrolled Keywords:
Finanzialisierung; Politische Ökonomie; Verschuldung; Regionen; Staatsverschuldung; Sovereign Debt Management; Sparkassen; Market-based Banking; Financialization; Debt; Sovereign Debt; Regions; Savings banksUNSPECIFIED
Date of oral exam: 20 June 2018
NameAcademic Title
Trampusch, ChristineProf. Dr.
Höpner, Martinapl. Prof. Dr.
Funders: Cologne Graduate School in Management, Economics and Social Sciences (CGS)
Refereed: Yes


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