Financialization and Macroeconomics: The Impact on Social Welfare in Advanced Economies

Financialisation has become a widely discussed and debated term leading to a plurality of perspectives, but no fixed definition or single reading. This book presents a critical exploration and review of the current literature on financialisation, focusing on the financialisation of NFCs and its possible implications for the macroeconomic and financial stability of advanced countries.

Starting from this critical analysis, it proposes some new readings of the process of financialisation, link...