Professor Marcus Power marcus.power@durham.ac.uk
Professor
Rendering Development Investible: The Anti-Politics Machine and the Financialisation of Development
Power, Marcus; Taggart, Jack
Authors
Jack Taggart
Abstract
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.
Citation
Power, M., & Taggart, J. (2024). Rendering Development Investible: The Anti-Politics Machine and the Financialisation of Development. Progress in Human Geography, https://doi.org/10.1177/03091325241240741
Journal Article Type | Article |
---|---|
Acceptance Date | Mar 4, 2024 |
Online Publication Date | Apr 10, 2024 |
Publication Date | Apr 10, 2024 |
Deposit Date | May 21, 2024 |
Publicly Available Date | May 23, 2024 |
Journal | Progress in Human Geography |
Print ISSN | 0309-1325 |
Publisher | SAGE Publications |
Peer Reviewed | Peer Reviewed |
DOI | https://doi.org/10.1177/03091325241240741 |
Public URL | https://durham-repository.worktribe.com/output/2310783 |
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Copyright Statement
This article is distributed under the terms of the Creative Commons Attribution 4.0 License (https://creativecommons.org/licenses/by/4.0/) which permits any use, reproduction and distribution of the work without further permission provided the original work is attributed as specified on the Sage and Open Access page (https://us.sagepub.com/en-us/nam/open-access-at-sage).
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