FESSUD is a multidisciplinary, pluralistic project which aims to forge alliances across the social sciences, so as to understand how finance can better serve economic, social and environmental needs.

2013 has been a very intense and rich year for the FESSUD project and we are very happy to be able to share some of its highlights with you in this newsletter. The major focus of our work in the first 12 months was on Comparative Perspectives on Financial Systems in the EU (Work Package 2) and in the second 12 months (year 2013) the research in this Work Package has come close to completion as described below. The research on most of the other Work Packages started in earnest during the second 12 months and some of the results are already available in the Working Paper series section of the website, with many more to come in the next few weeks.

On 17th to 19th Oct 2013 the annual FESSUD conference was held in Amsterdam (report below). It was an exhilarating and exhausting experience – three intense days of high quality presentations and discussions on a wide range of important topics. The range of disciplines and methods being deployed within the FESSUD project was clear to see – there are few conferences which range from VARs (vector autoregressive regressions) to variegated capitalism. These, and many more, are contributing to the achievement of the key purposes of the FESSUD project – exploring and understanding the processes of financialisation and their impacts on the economy, society and the environment, analysing the causes and consequences of the financial crises and the development of policy alternatives for a better functioning financial system.

Malcolm Sawyer

Report on Annual conference 17th/19th October 2013

The second FESSUD Conference was held on 17th to 19th Oct 2013 at the Crowne Plaza Amsterdam Schiphol, Hoofddorp. The aims of the conference were to discuss the ways in which the growth and performance of economies in the last 30 years have been dependent on the characteristics of the processes of financialisation; how has financialisation impacted on the achievement of specific economic, social, and environmental objectives?...Read more
Conference papers & presentations

Focus on Work package 2

Work Package 2 on Comparative Perspectives on Financial Systems in the EU is now drawing towards completion, and had been the main focus of our work in the first year of the FESSUD project.

The first stage of Work Package 2 drew up 'terms of reference' for the reports on national financial systems. The 'terms of reference' were to enable a broadly common framework for those reports.

The national financial system reports have now been completed, and are available on the web-site as Studies in Financial Systems. These reports provide a wealth of information on how the structures of financial systems in recent years, how those structures have evolved over the past three decades, the processes of financialisation in the countries, the growth in scale of the financial sector and its major changes in its mode of operations. Read more

Stephany Grifith Jones interview

Professor Stephany Griffith Jones interview: Has the financial sector become too large? What is the relationship between the financial sector and the real economy?

FESSUD Latest publications