248 pages | 26 B/W Illus.
This book explores how urban spaces are not only remade by and through finance, finance is also remade by and through cities. It investigates how nonfinancial actors, such as public bureaucrats, urban planners, and the media are actively involved in the social constitution of what finance is. It moves beyond Anglo Saxon settings to explore the making of urban financialization in the Global South, exploring how this process has unfolded in Brazil. Since the mid-1980s the country has been marked by complex and contradictory processes of neoliberalization, decentralization, re-democratization and institutional-legal strengthening of frameworks for urban and regional planning.
Introduction; 1. A conceptual primer on (urban) financialization; 2. State-spaces, financialization of cities and the urbanization of finance in the Global South; 3. State spaces, urban rents and finance in the Brazilian development trajectory; 4. Planning, projects and profitability. The role of financial and institutional devices in the urbanization of finance; 5. On contested water governance and the making of urban financialization. Exploring the case of metropolitan São Paulo, Brazil; 6. Building within the limits? A closer look at the My House My Life Program in the Outskirts of Metropolitan São Paulo; 7. On reframing the capital market-austerity nexus and the emerging governance of urban securitization; Conclusion; Index
This series is published in conjunction with the School of Planning, Design, and Construction at Michigan State University, USA.
Providing cutting edge interdisciplinary research on spatial, political, cultural and economic processes and issues in urban areas across the US and the world, books in this series examine the global processes that impact and unite urban areas. The organizing theme of the book series is the reality that behavior within and between cities and urban regions must be understood in a larger domestic and international context. An explicitly comparative approach to understanding urban issues and problems allows scholars and students to consider and analyse new ways in which urban areas across different societies and within the same society interact with each other and address a common set of challenges or issues. Books in the series cover topics which are common to urban areas globally, yet illustrate the similarities and differences in conditions, approaches, and solutions across the world, such as environment/brownfields, sustainability, health, economic development, culture, governance and national security. In short, the Global Urban Studies book series takes an interdisciplinary approach to emergent urban issues using a global or comparative perspective.