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La ville négociée: entre financiarisation et durabilité

Thierry Theurillat

Géographie, économie, société, 2011, vol. 13, issue 3, 225-254

Abstract: The aim of this article is to develop a conceptual, analytical and interpretative framework to address the relationship between ?finance, city and sustainability? that has been little studied in urban geography. To give answers to the impact of market finance on the built environment and on a city?s production from the sustainability angle, we propose the model of negotiated city for further research in urban geography. We are developing the theory that at present a new role is emerging for specialized actors in the development and construction of urban projects. Having the competences and being at the centre of the market network for financialised urban projects, the developers are becoming some ?anchoring? actors capable of negotiating on one side the anchoring of capital in a local context with global investors and on the other some sustainability issues with the local society. This framework comes from the linking of three research fields with urban geography and from a case study of producing new urban complexes that are owned by financial actors in Switzerland.

Keywords: financialization; institutional investors; sustainable city; neoliberal city; negotiated city; capital liquidity/mobility and anchorage; anchoring actors (search for similar items in EconPapers)
Date: 2011
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