Remittances, development and financialisation beyond the Global North.

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Version: Final published version
License: CC BY 4.0
Serval ID
serval:BIB_958FB7D300AB
Type
Article: article from journal or magazin.
Collection
Publications
Institution
Title
Remittances, development and financialisation beyond the Global North.
Journal
Environment & planning A
Author(s)
Kunz R., Maisenbacher J., Paudel L.N.
ISSN
0308-518X (Print)
ISSN-L
0308-518X
Publication state
Published
Issued date
06/2022
Peer-reviewed
Oui
Volume
54
Number
4
Pages
693-701
Language
english
Notes
Publication types: Journal Article
Publication Status: ppublish
Abstract
In the context of the global financial crisis and the crunch in development financing, remittances have become linked to the financial inclusion agenda in what has been termed as 'financialization of remittances' (FOR). This special issue brings together seven articles that analyze the socioculturally specific histories and the everyday manifestations of the FOR in the Caribbean, Central America, Colombia, Ghana, Mexico, Nepal and Senegal. The contributors engage in a transdisciplinary conversation, mobilizing insights from feminist, postcolonial, poststructural and political geography theories. They propose two majors shifts for financialisation analysis: towards an investigation beyond the global North and towards taking seriously failures, contradictions and contestations of financialisation processes. By doing so, the special issue contributes to financialization research in five major ways: to expose colonial legacies of remittances and their financialization; to challenge the supposedly neutral character of the FOR by revealing the caste, gendered and racialized power relations in financialization processes; to destabilizes the notion of the universal individual financial subject and show how multiple financial subjectivities are constituted in constellations; to document the complexities, ambiguities, contradictions and failures of financialization processes and the (everyday) contestations they face; and to show how remittances and their financialization are implicated in reconfiguring authorities, citizenship and social dynamics. The contributions propose relational understandings of financialization that conceptualize the co-constitution of economic, political and sociocultural dimensions of financialization across and beyond the North-South divide.
Keywords
Remittances, Financialisation, Development, North-South relations, Subjectivities, Contestation
Pubmed
Web of science
Open Access
Yes
Create date
16/05/2022 10:29
Last modification date
20/05/2022 6:11
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