Uneven Zimbabwe examines the influence of domestic and international financial markets and financiers in uneven development in Zimbabwe, using - and contributing to - the tools of radical political economy. Theoretically, Bond begins with criticism of the classical Marxist concepts of qfinance capitalq for focusing on institutional characteristics and failing to grasp underlying dynamics. Instead, as economic crisis tendencies emerge, the power of finance periodically intensifies, temporarily displacing crisis through time and space and across geographical scales. But the limits of the financial solution become evident when paper assets delink from the productive assets they are meant to represent, as well as in the role that finance plays in amplifying uneven development across different economic sectors, spaces and scales.Demirguc-Kunt, A. and R. Levine (1995), aquot;Stock Markets and Financial Intermediaries: Stylized Facts, aquot; Conference on Stock ... Mimeo, Department of Agricultural Technical and Extension Services and Department of Sociology, University of Zimbabwe, Harare, May. ... in the Context of Africa, aquot; Paper presented at the CODES RIA Workshop on Gender Analysis and African Social Science, Dakar, September.
|Publisher||:||Africa World Pr - 1998|