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Rendering development investible: The anti-politics machine and the financialisation of development
Progress in Human Geography ( IF 7.602 ) Pub Date : 2024-04-10 , DOI: 10.1177/03091325241240741
Jack Taggart 1 , Marcus Power 2
Affiliation  

We critically engage with the so-called ‘Financialisation of Development’ and argue that such is neither automatic nor inexorable. We review and extend a body of recent research that underscores the extensive ‘work’ required by ‘big D’ Development actors to render target contexts legible, attractive, and amenable to private finance and investment. We introduce the framework of ‘rendering (Development) investible’ to help us unpack the attendant governmental rationality of Development institutions and professionals in the current financialised conjuncture. We reveal the drivers and primary characteristics of this rationality and we discuss its significant, yet unintended, consequences for Development thought and practice.

中文翻译:

使发展变得可投资:反政治机器和发展的金融化

我们批判性地参与所谓的“发展金融化”,并认为这既不是自动的也不是不可避免的。我们回顾并扩展了最近的一系列研究,这些研究强调了“大D”发展参与者所需的广泛“工作”,以使目标环境清晰、有吸引力且适合私人融资和投资。我们引入“使(开发)可投资”的框架,以帮助我们揭示当前金融化背景下开发机构和专业人员的随之而来的政府理性。我们揭示了这种理性的驱动因素和主要特征,并讨论了它对发展思想和实践的重大但意想不到的后果。
更新日期:2024-04-10
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