Abstract Financialization is a major trend in Western economies. This paper shows, on the one hand, how it changes management criteria and, other limits to financialization property sector. Between 1992 and 2004, about 15% of Swiss pension funds' wealth was invested property. As far as their investment policy concerned, funds have two choices. First, they can directly own, responsibility for, properties portfolios. Alternatively, buy shares mainly Zurich-based vehicles. In first case,...

Abstract Financialization and sustainable urban planning are now two major components of production landscape change in Western cities. The purpose this article is to demonstrate how the intervention financial actors influences sustainability building megaprojects, by developing a conceptual framework for analysis interpretation. This aims first examine way which has been produced different involved real‐life situation, then place these interactions their institutional, spatial temporal...

Revealing the parties, processes and institutions and, consequently, both diversity contingency of real estate markets, existing increasing literature emphasises contemporary numerous links interdependencies between estate, land value, planning town policy even financial system. This paper is an attempt to understand all from most peripheral ones, where urban rent lowest, dense city centres. To gain a better understanding market, process firstly deconstruction then reconstruction used. The...

abstract A new economic geography of finance is emerging, and the current “financialization” contemporary economies has contributed greatly to reshaping landscape. How can these changes be understood interpreted, especially from a territorial point view? There are two contradictory theories regarding tangible effects rise industry. According neoclassical financial theorists, industry's success based on its positive real economy through capacity allocate resources efficiently. An alternative...

Theurillat T. and Crevoisier O. Sustainability the anchoring of capital: negotiations surrounding two major urban projects in Switzerland, Regional Studies. This article deals with mobile financial capital city sustainability. Illustrated by a case study Swiss context, it develops theory that new forms negotiation are appearing around projects. Development/construction firms playing central role: they capable evaluating translating multiple dimensions project certain sustainability...

This commentary article proposes three ideal types of ‘anchoring finance capital into the city’, i.e. way in which capital, as it is valued financial markets, transformed real and vice versa. Some contexts will allow market s visions city to become reality without great alteration, this produces ‘financialised city’. In case, value corresponds trading on markets largely depends operators’ comparative mimetic criteria. Second, ‘entrepreneurial city’ a tangible localised vision city, outside...

This paper provides a heuristic framework to address issues about China’s ongoing urbanization in relation the role of land and built environment as triggers for economic growth increasing financialization urban production. While dominant field literature highlights interrelation between capital within specific institutional setting Central local governments, it argues include other key linkages infrastructures, property development finance understand recent exponential growth. It first...

L'objectif de cet article est développer un cadre conceptuel, analytique et interprétatif des relations entre « finance, ville durabilité » peu abordées jusqu'alors en géographie urbaine.Afin répondre aux enjeux la transformation villes contemporaines marquées à fois par l'intervention d'acteurs financiers question durabilité, le modèle négociée proposé pour d'autres recherches urbaine.Nous développons thèse l'apparition d'un rôle nouveau les entreprises développement-construction grands...

What has made the urbanization of capital possible in China since late 1990s? A major strand literature urban geography pointed out land as main trigger urbanization. Scholars have highlighted empowerment local governments and their subsequent role implementing China's national objectives because substantial revenues from commodification land. Other scholars looked beyond supply side, emphasizing demand stimulating development China. In terms demand, speculative rationale households aided...

This article provides an empirically based novel research framework addressing 'the land/built environment–finance and economic development nexus' of China's urban growth model. First, must be viewed beyond manufacturing production activities to incorporate consumption activities. Mega-projects infrastructure have gradually become dependent on the incomes spending increasingly mobile consumers residents. Second, highlights 'Chinese type' financialization built environment. As financial...

In the 1980s, Switzerland's Jura Arc region was a globally competitive 'new industrial space' in Third Industrial Revolution's flexible accumulation regime based on information and communication technology (ICT) automation processes. Recently, this nowadays 'old has been experiencing implementation of Industry 4.0. Caught between use existing productive assets development platform-based market ecosystems, illustrates challenges inherent implementing 'forking innovation', which requires not...

This article seeks to address current debates on ongoing China’s urban development and makes a theoretical proposal that links financialization ecological civilization through the perspective of increasing role consumption in today’s transition an upgraded domestic economy. While both financialized land value capture quality are now fundamental construction built environment Chinese cities, we argue “consumption city” refers economic production process as well societal transformation. First,...

Theories on corporate governance have developed in line with the development of financial markets and increasing power institutional investors. Indeed, markets' can be measured by ability shareholders, investors particular, to influence businesses their managers. A number reforms been implemented several countries, Switzerland included, order strengthen shareholders' powers. Making specific reference Swiss case studies, this paper aims create a better understanding role governance. is...

Dans une perspective institutionnaliste et territoriale, cet article interroge le couplage entre la finance de marché d’une part l’économie réelle d’autre part. La crise actuelle est présentée comme résultat autonomisation progressive vis-à-vis réelle, qui peut être comprise construction géographie spécifique, caractérisée par extrême concentration dans les principales places financières mondiales d’un contrôle s’exerce à partir là vers régions productrices sources d’épargne L’économie son...

Illustrated by a case study on the urban development of medium-sized city in China, this article develops theoretical framework to help understand role financial system plays model based land China. Three fields literature have been used order link various mechanisms between land, infrastructure, property development, and financing channels production. The illustrates many interactions local government real estate businesses, both state private, as well banks, create infrastructure that...

Par la mise en évidence des acteurs, processus et institutions par conséquent de diversité ainsi que contingences marchés immobiliers, littérature actuelle sur l'immobilier insiste les nombreux liens interdépendances entre l'immobilier, le foncier, l'urbanisme politiques urbaines ou encore avec système financier.Toutefois, l'essentiel ces recherches se sont focalisées métropoles négligeant autres espaces.L'objectif cet article est mieux comprendre marché immobilier grâce à une démarche...

This article examines the shoreline evolution and human occupation in vicinity of important archeological site Amarynthos (Euboea Island, Greece) over last six millennia. Archeological evidence indicates a continuous from Bronze Age to Roman period is well-known, thanks existence sanctuary dedicated goddess Artemis. Based on study four boreholes, paleogeographic reconstruction coastal landscape proposed. Facies were determined based mollusc identification, sedimentology grain-size...

Shopping centers are among the most significant places to sell luxury goods in East Asia. However, relations between retail networks of companies and access land real estate still need be addressed. On one hand, an extensive literature highlights how turn industry since 1990s has enabled some European countries maintain their comparative advantage on global market at same time keep a part production non-globalized. Yet, issue that remains addressed is way able enter expand sales emerging...

The Sanctuary of Artemis Amarysia in Amarynthos was the most renowned shrine Eretrian polis, and its annual festival, Artemisia, drew large crowds from Euboea beyond. Yet, despite regional fame prominence, remains have eluded archaeological identification. As a result, location Artemision has been vexed question Euboean studies for over century. Between 2003 2007, however, new impetus given to localization. In collaboration with Ephorate Antiquities Euboea, Swiss School Archaeology Greece...

Dans le cadre d'un programme de recherche pluridisciplinaire dirigé par CNRS, en collaboration avec l'École suisse d'archéologie Grèce (ESAG), britannique d'Athènes, l'Université Harokopiou d'Athènes et l'Éphorie des Antiquités d'Eubée, différents sites d'occupation datant du Néolithique à la période antique, localisés long rive septentrionale golfe sud-eubéen (Eubée, Grèce) ont été incorporés dans un d'étude géoarchéologique visant reconstituer l'évolution globale paysages au cours...