ArticleFinance and space2025
African experiments in infrastructure financialisation: an urbanisation of debt in Malawi.
Article in Finance and space, 2025. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Not yet cited in PubMed.
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Abstract
Diverging from accounts that portray financialisation in the Global South as 'subordinate' to that experienced in the north, in this paper we examine the recent financing and delivery of urban infrastructure projects in Malawi using bonds sold on the domestic market. We do so to make two contributions to the geographical literature on financialisation. Firstly, to reveal how (contrary to accounts in the recent international development literature) non-revenue generating urban infrastructure debt
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