{"id":"https://openalex.org/W2789083700","doi":"https://doi.org/10.15847/dinamiacet-iul.wp.2015.08","title":"Evolution of the financial sector \u2013 three different stages: repression, development and financialisation","display_name":"Evolution of the financial sector \u2013 three different stages: repression, development and financialisation","publication_year":2015,"publication_date":"2015-01-01","ids":{"openalex":"https://openalex.org/W2789083700","doi":"https://doi.org/10.15847/dinamiacet-iul.wp.2015.08","mag":"2789083700"},"language":"en","primary_location":{"id":"doi:10.15847/dinamiacet-iul.wp.2015.08","doi":"https://doi.org/10.15847/dinamiacet-iul.wp.2015.08","is_oa":true,"landing_page_url":"https://doi.org/10.15847/dinamiacet-iul.wp.2015.08","pdf_url":"https://repositorio.iscte-iul.pt/bitstream/10071/10731/1/DINAMIA_WP_2015-08.pdf","source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":null,"raw_type":"report"},"volume":null,"type":"report","is_traditional":false,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://repositorio.iscte-iul.pt/bitstream/10071/10731/1/DINAMIA_WP_2015-08.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5020164241","display_name":"Ricardo Barradas","orcid":"https://orcid.org/0000-0003-0212-3568","observed_orcids":["https://orcid.org/0000-0003-0212-3568"]},"institutions":[{"id":"https://openalex.org/I110026055","display_name":"Iscte \u2013 Instituto Universit\u00e1rio de Lisboa","ror":"https://ror.org/014837179","country_code":"PT","type":"education","lineage":["https://openalex.org/I110026055"]},{"id":"https://openalex.org/I203847022","display_name":"Universidade Polit\u00e9cnica de Lisboa","ror":"https://ror.org/04ea70f07","country_code":"PT","type":"education","lineage":["https://openalex.org/I203847022"]},{"id":"https://openalex.org/I4405254599","display_name":"Centro de Estudos sobre a Mudan\u00e7a Socioecon\u00f3mica e o Territ\u00f3rio","ror":"https://ror.org/020a03t90","country_code":"PT","type":"facility","lineage":["https://openalex.org/I110026055","https://openalex.org/I4405254599"]}],"countries":["PT"],"is_corresponding":true,"raw_author_name":"Ricardo Barradas","raw_affiliation_strings":["DIN\u00c2MIA'CET -IUL, Centro de Estudos sobre a Mudan\u00e7a Socioecon\u00f3mica e o Territ\u00f3rio ISCTE-IUL -Av. das For\u00e7as Armadas, 1649-026 Lisboa, PORTUGAL","Higher Institute of Accounting and Administration of Lisbon (Polytechnic Institute of Lisbon","Instituto Universit\u00e1rio de Lisboa (ISCTE-IUL); Higher School of Communication and Media Studies (Polytechnic Institute of Lisbon)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"DIN\u00c2MIA'CET -IUL, Centro de Estudos sobre a Mudan\u00e7a Socioecon\u00f3mica e o Territ\u00f3rio ISCTE-IUL -Av. das For\u00e7as Armadas, 1649-026 Lisboa, PORTUGAL","institution_ids":["https://openalex.org/I110026055","https://openalex.org/I4405254599"]},{"raw_affiliation_string":"Higher Institute of Accounting and Administration of Lisbon (Polytechnic Institute of Lisbon","institution_ids":["https://openalex.org/I203847022"]},{"raw_affiliation_string":"Instituto Universit\u00e1rio de Lisboa (ISCTE-IUL); Higher School of Communication and Media Studies (Polytechnic Institute of Lisbon)","institution_ids":["https://openalex.org/I110026055","https://openalex.org/I203847022"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5020164241"],"corresponding_institution_ids":["https://openalex.org/I110026055","https://openalex.org/I203847022","https://openalex.org/I4405254599"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":18,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11817","display_name":"Housing, Finance, and Neoliberalism","score":0.9692000150680542,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11817","display_name":"Housing, Finance, and Neoliberalism","score":0.9692000150680542,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.018699999898672104,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.0020000000949949026,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/financial-repression","display_name":"financial repression","score":0.9940000176429749},{"id":"https://openalex.org/keywords/financial-development","display_name":"financial development","score":0.8859999775886536},{"id":"https://openalex.org/keywords/financialization","display_name":"financialization","score":0.9869999885559082},{"id":"https://openalex.org/keywords/financial-deepening","display_name":"financial deepening","score":0.9340000152587891},{"id":"https://openalex.org/keywords/financial-liberalization","display_name":"financial liberalization","score":0.9549999833106995},{"id":"https://openalex.org/keywords/financial-deregulation","display_name":"financial deregulation","score":0.8309999704360962},{"id":"https://openalex.org/keywords/savings-investment-gap","display_name":"savings-investment gap","score":0.7450000047683716},{"id":"https://openalex.org/keywords/financial-regulation","display_name":"financial regulation","score":0.7979999780654907},{"id":"https://openalex.org/keywords/economic-growth","display_name":"economic growth","score":0.75},{"id":"https://openalex.org/keywords/developed-countries","display_name":"developed countries","score":0.7049999833106995}],"concepts":[{"id":"https://openalex.org/C2986840890","wikidata":"https://www.wikidata.org/wiki/Q837171","display_name":"Financial sector","level":2,"score":0.6011385917663574},{"id":"https://openalex.org/C186310378","wikidata":"https://www.wikidata.org/wiki/Q941796","display_name":"Psychological repression","level":4,"score":0.5088432431221008},{"id":"https://openalex.org/C2775841673","wikidata":"https://www.wikidata.org/wiki/Q194802","display_name":"Financial repression","level":3,"score":0.4492711126804352},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3918288052082062},{"id":"https://openalex.org/C136264566","wikidata":"https://www.wikidata.org/wiki/Q159810","display_name":"Economy","level":1,"score":0.3578598201274872},{"id":"https://openalex.org/C15708023","wikidata":"https://www.wikidata.org/wiki/Q80083","display_name":"Humanities","level":1,"score":0.348630428314209},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3261498808860779},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2792515754699707},{"id":"https://openalex.org/C142362112","wikidata":"https://www.wikidata.org/wiki/Q735","display_name":"Art","level":0,"score":0.18714094161987305},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.10872083902359009},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.09605452418327332},{"id":"https://openalex.org/C150194340","wikidata":"https://www.wikidata.org/wiki/Q26972","display_name":"Gene expression","level":3,"score":0.0},{"id":"https://openalex.org/C104317684","wikidata":"https://www.wikidata.org/wiki/Q7187","display_name":"Gene","level":2,"score":0.0},{"id":"https://openalex.org/C55493867","wikidata":"https://www.wikidata.org/wiki/Q7094","display_name":"Biochemistry","level":1,"score":0.0}],"mesh":[],"locations_count":5,"locations":[{"id":"doi:10.15847/dinamiacet-iul.wp.2015.08","doi":"https://doi.org/10.15847/dinamiacet-iul.wp.2015.08","is_oa":true,"landing_page_url":"https://doi.org/10.15847/dinamiacet-iul.wp.2015.08","pdf_url":"https://repositorio.iscte-iul.pt/bitstream/10071/10731/1/DINAMIA_WP_2015-08.pdf","source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":null,"raw_type":"report"},{"id":"pmh:oai:repositorio.ipl.pt:10400.21/8114","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10400.21/8114","pdf_url":null,"source":{"id":"https://openalex.org/S4306402433","display_name":"Portuguese National Funding Agency for Science, Research and Technology (RCAAP Project by FCT)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"book part"},{"id":"pmh:oai:repositorio.ipl.pt:10400.21/8128","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10071/10731","pdf_url":null,"source":{"id":"https://openalex.org/S4306402433","display_name":"Portuguese National Funding Agency for Science, Research and Technology (RCAAP Project by FCT)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"working paper"},{"id":"pmh:oai:repositorio.iscte-iul.pt:10071/10731","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10071/10731","pdf_url":null,"source":{"id":"https://openalex.org/S7407055197","display_name":"Reposit\u00f3rio do ISCTE-IUL","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"workingPaper"},{"id":"pmh:oai:repositorio.iscte-iul.pt:10071/28456","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10071/28456","pdf_url":null,"source":{"id":"https://openalex.org/S7407055197","display_name":"Reposit\u00f3rio do ISCTE-IUL","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"bookPart"}],"best_oa_location":{"id":"doi:10.15847/dinamiacet-iul.wp.2015.08","doi":"https://doi.org/10.15847/dinamiacet-iul.wp.2015.08","is_oa":true,"landing_page_url":"https://doi.org/10.15847/dinamiacet-iul.wp.2015.08","pdf_url":"https://repositorio.iscte-iul.pt/bitstream/10071/10731/1/DINAMIA_WP_2015-08.pdf","source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":null,"raw_type":"report"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2789083700.pdf","grobid_xml":"https://content.openalex.org/works/W2789083700.grobid-xml"},"referenced_works_count":110,"referenced_works":["https://openalex.org/W147065388","https://openalex.org/W194852608","https://openalex.org/W278773592","https://openalex.org/W429772433","https://openalex.org/W624929111","https://openalex.org/W634481691","https://openalex.org/W1484809917","https://openalex.org/W1507803158","https://openalex.org/W1527683509","https://openalex.org/W1528473633","https://openalex.org/W1541935027","https://openalex.org/W1557832879","https://openalex.org/W1559892731","https://openalex.org/W1563308393","https://openalex.org/W1568092302","https://openalex.org/W1575116858","https://openalex.org/W1580254373","https://openalex.org/W1587249634","https://openalex.org/W1587907563","https://openalex.org/W1598166461","https://openalex.org/W1801512220","https://openalex.org/W1826567583","https://openalex.org/W1883382435","https://openalex.org/W1945199243","https://openalex.org/W1972757226","https://openalex.org/W1979042245","https://openalex.org/W1982935413","https://openalex.org/W1986981362","https://openalex.org/W2002819931","https://openalex.org/W2004779120","https://openalex.org/W2015492385","https://openalex.org/W2024060044","https://openalex.org/W2033648564","https://openalex.org/W2046335969","https://openalex.org/W2055255225","https://openalex.org/W2056749723","https://openalex.org/W2065132726","https://openalex.org/W2076751891","https://openalex.org/W2080959758","https://openalex.org/W2084212218","https://openalex.org/W2085388220","https://openalex.org/W2093030468","https://openalex.org/W2113844427","https://openalex.org/W2117222759","https://openalex.org/W2118013429","https://openalex.org/W2122451923","https://openalex.org/W2123496248","https://openalex.org/W2124001105","https://openalex.org/W2124318041","https://openalex.org/W2126896265","https://openalex.org/W2130666192","https://openalex.org/W2133207356","https://openalex.org/W2141959212","https://openalex.org/W2143546373","https://openalex.org/W2144034200","https://openalex.org/W2144381892","https://openalex.org/W2145988440","https://openalex.org/W2151691063","https://openalex.org/W2153170527","https://openalex.org/W2155106011","https://openalex.org/W2156324400","https://openalex.org/W2158510855","https://openalex.org/W2161384082","https://openalex.org/W2164196847","https://openalex.org/W2164564350","https://openalex.org/W2165422791","https://openalex.org/W2165807407","https://openalex.org/W2167660964","https://openalex.org/W2260621707","https://openalex.org/W2289544279","https://openalex.org/W2296055836","https://openalex.org/W2297067454","https://openalex.org/W2477731854","https://openalex.org/W2478290637","https://openalex.org/W2525326778","https://openalex.org/W2591191514","https://openalex.org/W2735510231","https://openalex.org/W2736550332","https://openalex.org/W2752617332","https://openalex.org/W2800733499","https://openalex.org/W2805857119","https://openalex.org/W3121488396","https://openalex.org/W3121737815","https://openalex.org/W3122504927","https://openalex.org/W3122598858","https://openalex.org/W3122693920","https://openalex.org/W3123420122","https://openalex.org/W3123847694","https://openalex.org/W3124744293","https://openalex.org/W3125432838","https://openalex.org/W3125665238","https://openalex.org/W3129032962","https://openalex.org/W3143567126","https://openalex.org/W4229658131","https://openalex.org/W4229815463","https://openalex.org/W4233673456","https://openalex.org/W4234277722","https://openalex.org/W4239210055","https://openalex.org/W4249860845","https://openalex.org/W4251245792","https://openalex.org/W4256658654","https://openalex.org/W4300923858","https://openalex.org/W4388111604","https://openalex.org/W6628801278","https://openalex.org/W6635139886","https://openalex.org/W6643624917","https://openalex.org/W6678260385","https://openalex.org/W6678386425","https://openalex.org/W6981666953","https://openalex.org/W7073828079"],"related_works":["https://openalex.org/W4379374552","https://openalex.org/W7111538249","https://openalex.org/W2471244035","https://openalex.org/W2024060044","https://openalex.org/W4255597228","https://openalex.org/W2783833473","https://openalex.org/W2806770165","https://openalex.org/W93724689","https://openalex.org/W147065388","https://openalex.org/W2470850729"],"abstract_inverted_index":{"This":[0,22,74],"chapter":[1,160],"makes":[2],"a":[3,107,169,183],"systematic":[4],"literature":[5],"review":[6],"on":[7,37,42,61],"the":[8,11,15,20,34,38,54,62,76,82,86,93,98,111,126,130,141,156,173,188],"evolution":[9,23],"of":[10,33,56,81,110],"financial":[12,35,48,63,77,83,102,112,120,131,136,189],"sector":[13,36,84,113,190],"in":[14,85,89,114,168,172,179],"last":[16],"decades":[17],"all":[18],"over":[19],"world.":[21],"was":[24,106],"marked":[25],"by":[26,53,129],"three":[27],"different":[28,31],"stages,":[29],"reflecting":[30],"impacts":[32],"real":[39],"economy":[40],"and":[41,59,79,122,145,191,194],"society.":[43],"The":[44,159],"first":[45],"stage":[46,100,171],"\u2013":[47,50,101,176,178],"repression":[49],"is":[51,164],"characterised":[52],"existence":[55],"several":[57,196],"regulations":[58],"restrictions":[60],"sector,":[64],"which":[65],"proved":[66],"to":[67,70,91,166,181],"be":[68],"detrimental":[69],"support":[71],"economic":[72,192],"growth.":[73],"legitimised":[75],"liberalisation":[78],"deregulation":[80],"recent":[87],"years":[88,175],"order":[90,180],"sustain":[92],"\u201cfinance-growth":[94],"nexus\u201d":[95],"hypothesis,":[96],"representing":[97],"second":[99],"development.":[103],"Consequently,":[104],"there":[105],"strong":[108],"growth":[109,193],"subsequent":[115],"years,":[116],"originating":[117],"an":[118],"excessive":[119,135],"deepening":[121,137],"casting":[123],"doubts":[124],"around":[125,199],"advantages":[127],"provided":[128],"sector.":[132],"In":[133],"fact,":[134],"weakened":[138],"or":[139],"reversed":[140],"relationship":[142,186],"between":[143,187],"savings":[144],"investments.":[146],"These":[147],"deleterious":[148],"effects":[149],"are":[150],"commonly":[151],"referred":[152],"as":[153],"financialisation,":[154],"constituting":[155],"third":[157],"stage.":[158],"concludes":[161],"that":[162],"it":[163],"necessary":[165],"engage":[167],"fourth":[170],"coming":[174],"definancialisation":[177],"re-establish":[182],"more":[184],"supportive":[185],"presents":[195],"policy":[197],"recommendations":[198],"this":[200],"matter.":[201]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":2},{"year":2022,"cited_by_count":6},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2018-03-06T00:00:00"}
