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*Call for Papers*: Association of American Geographers Annual Meeting (AAG)
2012, New York, February 24th – 28th 2012.



 *Session Title*: Financialization and the city: theories, practices and
policies

 *Session organizers*: Katia Attuyer (Université Paris Est, Latts, UMR 8134)
and Ludovic Halbert (Université Paris Est, Latts, UMR 8134)



 The recent financial crisis has generated greater interest on the
financialization of urban (re-)development. Global financial institutions
tend to own an increasing proportion of residential buildings, commercial
buildings and urban infrastructures and impose more and more their logic and
instruments to others actors in the property development sector. Despite the
existence of a burgeoning literature on the subject, the question of
financialization as it relates to the creation and destruction of urban
space remains largely under-researched. The aim of this session will be to
bring together scholars from various disciplinary backgrounds and to explore
connections between financialization and the production of the built
environment. We posit that if financialization has gained importance in the
making of cities in the last thirty years, its history is much longer (see
the 19th urban development of Paris for instance) and, even in the global
era, its forms vary according to national and local contexts.  The themes
that might be explored within this remit are wide-ranging. Potential
questions could involve: how have local property-markets and property
industries  reacted to the arrival of international property investors in
different geographical contexts? What part of the urban landscape are global
investors targeting? What type of city are they contributing to develop
(compact city, sprawl, mixed or one-class neighbourhood, ghost estates)? Are
the voice and objectives of financial institutions superseding those of
local actors (from local authorities to local civil groups)? Are they
reinforcing local imbalances by working with a limited range of local actors
showing common interest or do they encounter resistance and are forced to
incorporate non-financial considerations in their strategies? What has their
role been in the definition of a particular regeneration project? Are
institutional investors contributing to the creation of sustainable and
socially just cities? What policies have rendered the financialization of
property markets possible? How useful are different conceptual frameworks in
explaining the nature, causes and consequences of financialization within
the sphere of urban development?



We anticipate organizing two sessions:

-   - One session in conjunction with Susan Christopherson (Cornell
University) and Jane Pollard (Newcastle University, UK) during which we will
debate issues relating to the financialization of the city in general.

-      One session will be more particularly centered on issues relating to
the production of the built environment.

We welcome both empirical and theoretical papers. We particularly welcome
papers that pay attention to local contingencies and path-dependencies by
empirically documenting how financialization unfolds in various geographical
settings and papers discussing the value of different theoretical frameworks
for understanding this process.



Abstracts of 250 words (maximum) should be submitted to Katia Attuyer (
[log in to unmask]) and Ludovic Halbert ([log in to unmask]) before
the 1st of September. Please remember to include your name, institutional
affiliation and contact details on your submission.