Financialization and Space: Theoretical and Empirical Contributions | Financeirização e Espaço: Contribuições Teóricas e Empíricas


  • Anderson Tadeu Marques Cavalcante Universidade Federal de Minas Gerais, Faculdade de Ciências Econômicas, Belo Horizonte, MG
  • Marco Crocco Universidade Federal de Minas Gerais, Faculdade de Ciências Econômicas, Belo Horizonte, MG
  • Fabiana Santos Universidade Federal de Minas Gerais, Faculdade de Ciências Econômicas, Belo Horizonte, MG
  • Mara Nogueira London School of Economics and Political Science, London, UK, United Kingdom



Financialization, Regions, Financial System, Financial Services, Development.


Financialization has evolved as a macro concept arising from the increased significance of finance in all aspects of social and economic relations. The present paper attempts to raise awareness on the importance of understanding financialization from a spatial standpoint. Drawing from the interactions between finance and space, the main idea put forward in this paper is to incorporate a multilayered perspective of relational space as a direct determinant of the process of financialization. Once such a suggestion is accredited, an improved, more refined concept may better inform research and public debate on the effects of financialization, expressly those related to land use (and value) and to urban social exclusion. A preliminary analysis is conducted for a number of municipalities in Brazil.


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Biografia do Autor

Anderson Tadeu Marques Cavalcante, Universidade Federal de Minas Gerais, Faculdade de Ciências Econômicas, Belo Horizonte, MG

Holds a PhD from the University of Cambridge and is associate professor at the Faculdade de Ciências Econômicas at the (FACE/Universidade Federal de Minas Gerais), - Centro de Desenvolvimento e Planejamento Regional (CEDEPLAR/UFMG) 

Marco Crocco, Universidade Federal de Minas Gerais, Faculdade de Ciências Econômicas, Belo Horizonte, MG

Holds a PhD from University College London; is the President of Banco de Desenvolvimento de Minas Gerais (BDMG) and professor at the Faculdade de Ciências Econômicas (FACE/Universidade Federal de Minas Gerais), - Centro de Desenvolvimento e Planejamento Regional (CEDEPLAR/UFMG)

Fabiana Santos, Universidade Federal de Minas Gerais, Faculdade de Ciências Econômicas, Belo Horizonte, MG

Holds a PhD from the University of Cambridge and is a researcher at the Faculdade de Ciências Econômicas (FACE/Universidade Federal de Minas Gerais), - Centro de Desenvolvimento e Planejamento Regional (CEDEPLAR) at the Universidade Federal de Minas Gerais (UFMG)

Mara Nogueira, London School of Economics and Political Science, London, UK, United Kingdom

Has a PhD at the London School of Economics (LSE) 


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Como Citar

Cavalcante, A. T. M., Crocco, M., Santos, F., & Nogueira, M. (2018). Financialization and Space: Theoretical and Empirical Contributions | Financeirização e Espaço: Contribuições Teóricas e Empíricas. Revista Brasileira De Estudos Urbanos E Regionais, 20(2), 193.