Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1111/1468-2427.12521 |
Privatization, Financialization and State Restructuring in Eastern Germany: The case of Am sudpark | |
Bernt, Matthias1; Colini, Laura2; Foerste, Daniel3 | |
2017-07-01 | |
发表期刊 | INTERNATIONAL JOURNAL OF URBAN AND REGIONAL RESEARCH |
ISSN | 0309-1317 |
EISSN | 1468-2427 |
出版年 | 2017 |
卷号 | 41期号:4 |
文章类型 | Article |
语种 | 英语 |
国家 | Germany |
英文摘要 | Using a mix of survey data, results from a study on local planning politics and fieldwork, this article discusses the interplay of planning and welfare policies with global financial markets in the making' of social segregation in Halle-Neustadt, a borough in the German city of Halle (Saale). Here, different developments come together. First, Halle-Neustadt has experienced two waves of privatization, leading to a complete change of ownership structures, marked by the rise of financial investors. Second, welfare cuts have put increasing pressure on welfare recipients to live in the cheapest housing available. This has led to the emergence of a Hartz IV business model' based on low, but state-subsidized, rents. Third, new planning policies have led to a massive drop in house prices, thus facilitating the use of leverage' strategies for financial investors. We expand on an already developed debate, providing new insights about relations between planning, state restructuring and financialization in a German context. We demonstrate that a broad array of changes in national regulatory settings, policy change in different sectors and local particularities can all be crucial in enabling financialization. We conclude that research should place greater emphasis on the state in providing explanations and take differences in context more seriously. |
英文关键词 | financialization privatization shrinkage rightsizing welfare reforms neighbourhood East Germany |
领域 | 资源环境 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000412174900002 |
WOS关键词 | SECONDARY CIRCUIT ; URBAN ; GOVERNANCE ; LIVES |
WOS类目 | Geography ; Regional & Urban Planning ; Urban Studies |
WOS研究方向 | Geography ; Public Administration ; Urban Studies |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/16391 |
专题 | 资源环境科学 |
作者单位 | 1.Leibniz Inst Res Soc & Space IRS, Flakenstr 29-31, D-15537 Erkner, Germany; 2.Tesserae Gbr Urban Social Res, Grossbeerenstr 29, D-10965 Berlin, Germany; 3.IfS Inst Stadtforsch & Strukturpolit, Lutzowstr 93, D-10785 Berlin, Germany |
推荐引用方式 GB/T 7714 | Bernt, Matthias,Colini, Laura,Foerste, Daniel. Privatization, Financialization and State Restructuring in Eastern Germany: The case of Am sudpark[J]. INTERNATIONAL JOURNAL OF URBAN AND REGIONAL RESEARCH,2017,41(4). |
APA | Bernt, Matthias,Colini, Laura,&Foerste, Daniel.(2017).Privatization, Financialization and State Restructuring in Eastern Germany: The case of Am sudpark.INTERNATIONAL JOURNAL OF URBAN AND REGIONAL RESEARCH,41(4). |
MLA | Bernt, Matthias,et al."Privatization, Financialization and State Restructuring in Eastern Germany: The case of Am sudpark".INTERNATIONAL JOURNAL OF URBAN AND REGIONAL RESEARCH 41.4(2017). |
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