The financialization of the territory and the development of stock exchanges in Argentina

• Grant number: 15/12733-8
• Support Opportunities: Scholarships abroad - Research Internship - Master's degree
• Start date: August 20, 2015
• End date: December 19, 2015
• Field of knowledge: Humanities - Geography - Human Geography
• Principal Investigator: Fabio Betioli Contel
• Grantee: Wagner Wendt Nabarro
• Supervisor: Maria Laura Silveira
• Host Institution: Faculdade de Filosofia, Letras e Ciências Humanas (FFLCH). Universidade de São Paulo (USP). São Paulo , SP, Brazil
• Institution abroad: Universidad de Buenos Aires (UBA), Argentina
• Associated to the scholarship: 13/20143-0 - Finance and territory: the primacy of BM&F Bovespa in the Brazilian and Latin American stock market, BP.MS

Abstract

As a part of the effort to understand the relationship between the capital market and the territory, and seeking to observe the territorial division of labor associated with stock exchanges, we aim to analyze, through this research, the dynamics established by these institutions in the Argentinian territory. So far under the term of a regulatory system which encourages stock exchanges to maintain regional operations - but with the largest part of the market being moved by the Buenos Aires Stock Exchange - Argentinian territory is characterized by an intense concentration of financial equipment in the region of the country's capital. This importance acquired by Buenos Aires stock market is associated with the prominent role played by the city in the financial market of the country, giving it a protagonist role in the international financial market and, at the same time, making it a center of major crises associated with this sector of the economy.