Les territoires de l'industrie financière: quelles suites à la crise de 2008-2009 ?
Olivier Crevoisier,
Thierry Theurillat and
Pedro Araujo
Revue d'économie industrielle, 2011, vol. n° 134, issue 2, 133-158
Abstract:
Based on an institutional and territorial approach, this article questions the linkages between financial and real economy. The current crisis is seen as the result of an autonomy process of finance towards the real economy, which can be understood as the implementation of a specific geography with the very concentration and control in the main financial world places of the productive regions on the one hand and of the savings flows on the other. On the opposite, the real economy is still organized in a more traditionnel manner as the coherence of the work market and the accumulation of knowledge is still mainly based on regional and national scales. The social and environmental concerns and the reproduction of resources also occur at these scales. Consequently, new insights on a alternative financial system would contain the way investors and firms are connected with regional and national contexts that give the opportunity to invest and to develop their activities.
Keywords: Financialisation; Territories; Sustainable Finance; Short Circuits; Financial and Real Spheres of the Economy (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:cai:reidbu:rei_134_0133
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