Webinar Series: Financialization in Developed and Emerging Economies

Dear Young Scholars,

The Financial Stability Working Group is delighted to announce a new webinar series on “Financialization in developed and emerging economies”. The objective of the webinar series is to discuss some of the effects of the financialization process on the economic activity. In particular, the webinar series will focus on the impact of the process of financialization on investment and on the characteristics that the process of financialization takes in emerging economies. What are the specificities of peripheral countries in the context of global financialization? How does financialization affects emerging economies? What kind of indicators can be employed to assess these specificities? These are some of the questions that will be addressed in the three webinars.

Webinar 1: Financialization, productive investment and inequality in developed economies: empirical evidence.
Prof. Daniele Tori (Open University)
Date: Friday, September, 28th
Time: 11.00AM (EDT time) – 17.00PM (Central European Summer Time)

Tori, Daniele & Onaran, Özlem, 2017. "The effects of financialisation and financial development on investment: evidence from firm-level data in Europe," Greenwich Papers in Political Economy 16089, University of Greenwich, Greenwich Political Economy Research Centre.
https://core.ac.uk/download/pdf/74244255.pdf

Onaran, Özlem & Tori, Daniele, 2017. "Productivity puzzle? Financialization, inequality, investment in the UK," Greenwich Papers in Political Economy 16129, University of Greenwich, Greenwich Political Economy Research Centre.
http://gala.gre.ac.uk/16129/1/GpercPolicyBrief_PB16_2017_%20Onaran_Tori%20uk.pdf

Webinar 2: Financialization in the periphery (part I): Financialization in emerging economies and the the South African case.
Prof. Ewa Karwowsky (Hertfordshire Business School)
Date: Monday, October, 22rd
Time: 11.00AM (EDT time) – 17.00PM (Central European Summer Time)

Ewa Karwowski &Engelbert Stockhammer (2017) Financialisation in emerging economies: a systematic overview and comparison with Anglo-Saxon economies http://www.postkeynesian.net/downloads/working-papers/PKWP1616.pdf
Ewa Karwowsky (2017) Corporate financialisation in South Africa: From investment strike to housing bubble
http://www.postkeynesian.net/downloads/working-papers/PKWP1708.pdf

Webinar 3: Financialization in the periphery (part II): patterns of financialization in Latin America in the aftermath of the global financial crises.
Prof. Esteban Perez Caldentey (ECLAC)
Date: Friday, November 16th
Time: 11.00AM (EDT time) – 17.00PM (Central European Summer Time)

Esteban Pérez Caldentey (2018) Estudios sobre financierización en América Latina: Impacto de la política de flexibilización cuantitativa en la liquidez mundial y la estabilidad financiera https://www.cepal.org/es/publicaciones/43596-estudios-financierizacion-america-latina
Esteban Pérez Caldentey, Nicole Favreau-Negront y Luis Méndez Lobos (2018) Corporate Debt in Latin America and its Macroeconomic Implications https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3171640

If you are interested in participating in these webinar, please click “attend” on the webinar page: https://ysd.ineteconomics.org/project/5b998a533d736a7cd6b9306d

Looking forward to seeing you online!
Nicolas Zeolla, Maria Emilia Buccella, Davide Villiani and Miriam Oliveira

Short cv:
Prof. Daniele Tori is Lecturer in Finance at The Open University Business School. He has a BSc in Political Sciences and a MSc (Hons) in Economics from the University of Pavia (Italy). He obtained his Ph.D in Economics from the University of Greenwich in December 2016. Daniele’s current research interests are focused on the process of financialization of economic systems, the 'shadow banking sector', applied econometrics, the history of economic thought, and economic history. Professor of Corporate Finance (MBA), Managing Financial Risk (MBA), Research Methods for Finance (MSc Finance), Derivatives and Risk Management (MSc Finance) at the Open University.

Prof. Ewa Karwowki is a senior lecturer in economics, Hertfordshire Business School; holds a PhD degree in economics from SOAS, University of London. Their researches are financialisation in the global South, finance & development, firms' financial operations. She is aboard member of the Post-Keynesian Economics Society, a founding member of Reteaching Economics and part of NEF’s Spokespersons Network.

Prof. Esteban Perez Caldentey is the Chief of the Financing For Development Unit, Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile Esteban Pérez Caldentey holds a Master (1989) and PhD (1996) from the New School for Social Research (NY, USA) and is currently Chief of the Financing For Development Unit at the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile. He also teaches a course on Alternative Economic Models with Applications to Latin America at the University of Santiago de Chile (USACH) and taught Post Keynesian Economics at the University of Chile. He is a member of the Editorial Board of Investigación Económica (UNAM, México), the International Journal of Political Economy (USA) and the Review of Keynesian Economics (USA) and also a co-editor of the World Economic Review. He has published extensively on Latin America and the Caribbean.