Gaois

A collection of legal and legislative terms in Irish extracted from the European Union’s multilingual terminology database. More information »

FINANCE
airgeadrú Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
ga
Finanzialisierung
de
financialisation | financialization
en
Definition process whereby financial markets, financial institutions, and financial elites gain greater influence over economic policy and economic outcomes transforming the functioning of economic systems at both the macro and micro levels Reference "COM-EN, based on: Palley, T.I., 'Financialization: What It Is and Why It Matters', The Levy Economics Institute and Economics for Democratic and Open Societies Washington, D.C., December 2007. http://www.levyinstitute.org/pubs/wp_525.pdf [1.10.2014]"
Comment Its principal impacts are to (1) elevate the significance of the financial sector relative to the real sector, (2) transfer income from the real sector to the financial sector, and (3) increase income inequality and contribute to wage stagnation. ... Financialization operates through three different conduits: changes in the structure and operation of financial markets, changes in the behavior of nonfinancial corporations, and changes in economic policy.
financialisation | financiérisation
fr