Following a ‘standstill’: An ethnographic approach to financialization |
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Authors: | Behzad Sarmadi |
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Affiliation: | PhD candidate at the University of Toronto. His dissertation research examines the intersection of splintering urbanism, financialization, and migration. |
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Abstract: | This article addresses Dubai's recent financial crisis, bringing an ethnographic approach to ‘financialization’. It does so by repurposing the financial concept of ‘standstill’. Focusing on the consequences of the Dubai government's infamous ‘standstill announcement’, in late 2009, it argues that unpacking the literal and figurative registers of this concept offers insights into the political economy and lived experiences of financial crises. |
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