Ana Cordeiro Santos,Nuno Teles
Financialisation in the European Periphery: Work and Social Reproduction in Portugal
Financialisation in the European Periphery: Work and Social Reproduction in Portugal
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The process of financialization has been exacerbated by EU integration and austerity policies, with different impacts in core and peripheral countries. This book examines the case of Portugal, focusing on the economy, work, and social reproduction. It offers a critical analysis of capital accumulation and social reproduction, highlighting the reliance on deteriorating pay and working conditions and households' engagement with the global financial system. The book provides a framework for analyzing financialization processes in peripheral countries.
Format: Paperback / softback
Length: 298 pages
Publication date: 29 April 2022
Publisher: Taylor & Francis Ltd
In numerous European nations, the process of financialization has intensified due to the project of closer EU integration and been further propelled by austerity measures implemented following the Euro crisis of 2010–2012. However, the consequences have varied across core and peripheral countries. This book delves into the case of Portugal, specifically examining its economic, labor, and social reproduction implications.
The book explores the recent trajectory of the Portuguese economy, focusing on key sectors and social provision systems, including finance, housing, and water. It conducts a comprehensive critical analysis of various aspects of capital accumulation and social reproduction in the country, shedding light on their significance in understanding the effects of the official 2011 bail-out and associated austerity adjustment program.
Through its examination of the Portuguese case, the book presents a comprehensive theoretical and methodological framework for analyzing financialization processes in peripheral countries. This text is a valuable resource for students and scholars of political economy, development, geography, international relations, and sociology, particularly those interested in exploring the unequal mechanisms and impacts of global finance.
Dimension: 234 x 156 (mm)
ISBN-13: 9780367540005
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