Project Overview

FINDEM investigates three intersecting political trends in emerging market democracies: the rise of the middle class, financial development, and financialisation. In particular, it examines their implications for the changing political-economic dynamics of and discourses surrounding financial governance, social provisioning, the expectations and aspirations of middle classes, and democratic consolidation. Our point of departure is that financialisation is not simply imposed from above but is shaped, reinforced and challenged by reciprocal political-economic relationships between states, corporations and emerging middle classes.