Forging Glocal Governance? Urban Infrastructures as Networked Financial Products

By Morag I. Torrance. 2008

179 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/79f071b7e21c4460f6cb3cc60caf61f29cd758b3

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Finance

In Urban Studies

Citations in the corpus

Building cities on financial assets: The financialisation of property markets and its implications for city governments in the Paris city-region (2016, background): “Introduction From infrastructure to real estate, multiple portions of the urban built environment have morphed into financial assets (Leyshon & Thrift, 2007; Torrance, 2008; Aalbers, 2012; Guironnet & Halbert, 2014).”
Reconstituting the state: City powers and exposures in Chicago’s infrastructure leases (2016, background): “…contract – an essential building block of the financial transaction – as the device that disembeds local assets and reorganises their constituent elements within external financial portfolios, ‘capturing the value of a place while distributing the risk of being invested in it’ (Torrance, 2008: 2).”
Demolishing the Present to Sell off the Future? The Emergence of ‘Financialized Municipal Entrepreneurialism’ in London (2018, unknown): “2016; Torrance 2008))..”
Pension Fund Investment in Infrastructure (2009, unknown): “The model involved buying infrastructure assets … and bundling them into listed satellites and taking fees.‖ (Article ―Infrastructure funds lose out in a scramble to divest their assets‖, Financial Times, 25.08.2008). 25 Torrance (2008)”
The Metabolism of Socioecological Fixes: Capital Switching, Spatial Fixes, and the Production of Nature (2017, background): “Alternatively, institutional investors (e.g., pension funds) and sovereign-wealth funds might also look to these large-scale infrastructure initiatives as exclusive investment opportunities (see Torrance 2008; Loftus and March 2016), with important governance implications.”
“Breakthroughs” for a green economy? Financialization and clean energy transition (2018, background): “…in which the recession of the welfare state under neoliberal ideological assault and austerity was accompanied by rising financial sector interest in the production and management of infrastructure as a profit-generating enterprise (Torrance 2008, Ashton et al. 2012, O’Neill 2013, Langley 2018).”
The de-contextualisation of land use planning through financialisation: Urban redevelopment in Milan (2016, background): “brownfield land remediation), is prepared by SPVs that issue securities (Torrance, 2008).”