Dr Joel Rabinovich
Lecturer in International Political Economy
Contact details
Biography
I hold a PhD from Sorbonne Paris Nord and joined the Department of European & International Studies (EIS) at King’s College in September 2022. Before, I lectured international political economy at City, University of London.
My research focuses on corporate financialisation in advanced and peripheral economies drawing on interdisciplinary approaches. I’ve also worked as a consultant for the Argentine Ministry of Health and collaborated with the NGO, SOMO (Centre for Research on Multinational Corporations).
Research
My research focuses on the changing mechanisms that define the generation (both in terms of income and expenses) and use of funds in the nonfinancial corporate sector with special attention to finance, global value chains and the increasing intangibilisation of business models. So far, my research has focused mostly on firms from advanced economies but it is increasingly turning to the peripheries, specially Latin America. My approach is mostly interdisciplinary and draws on heterodox economics, international political economy, and critical accounting. Methodologically, I rely primarily on quantitative methods applied to large firm-level databases.
Research interests
- Corporate financialisation
- Global value chains
- Intangible assets
- Linkages between financial and productive subordination in the peripheries
- Development of Latin America
PhD applications
I welcome applications for PhD topics related to any of my research interests.
Latest publications
Rabinovich, J. (2023) Tangible and intangible investments and sales growth of US firms. Structural Change and Economic Dynamics, 66, 200-212, https://www.sciencedirect.com/science/article/pii/S0954349X23000668
Rabinovich, J. and Pérez Artica, R. (2022). Cash holdings and corporate financialisation: evidence from listed Latin American firms. Competition and Change, 27(3-4), 635-655, https://journals.sagepub.com/doi/full/10.1177/10245294221117275.
Auvray, T., Durand, C., Rabinovich, J. and Rikap, C. (2021). Corporate financialization’s conservation and transformation: from Mark I to Mark II. Review of Evolutionary Political Economy, 2(3), 431–457, https://link.springer.com/article/10.1007/s43253-021-00045-4.
Stockhammer, E., Rabinovich, J. and Reddy, N. (2021). Distribution, wealth and demand regimes in historical perspective. USA, UK, France and Germany, 1855-2010. Review of Keynesian Economics, 9(3), 337-367. https://www.elgaronline.com/view/journals/roke/9-3/roke.2021.03.03.xml.
Rabinovich, J. (2021). Financialisation and the supply-side face of the investment-profit puzzle. Journal of Post-Keynesian Economics, 44(3), 434-462. https://doi.org/10.1080/01603477.2020.1734463.
Rabinovich, J. and Pérez Artica, R. (2020). El aumento de los activos financieros en firmas de América Latina. ¿Un caso de financiarización?. Realidad Económica, 49(333), 113-140.
Rabinovich, J. (2019). The financialisation of the nonfinancial corporation. A critique to the financial turn of accumulation hypothesis. Metroeconomica, 70(4), 738-775, https://doi.org/10.1111/meca.12251.
Auvray, T. and Rabinovich, J. (2019). The financialisation-offshoring nexus and the capital accumulation of U.S. non-financial firms. Cambridge Journal of Economics, 43(5), 1183-1218, https://doi.org/10.1093/cje/bey058.
Awards
- 2022 REPE (Review of Evolutionary Political Economy) prize to the best article published in the journal during 2021. Award for the paper Corporate financialization’s conservation and transformation: from Mark I to Mark II..
- 2022 EAEPE (European Association for Evolutionary Political Economy) - Herbert Simon Young Scholar Prize Competition. Award for the paper Financialization, shareholder value orientation and short-termism: Evidence from US non-financial corporations 1998 – 2018.
Research
Global Production, Finance and Labour research group
A multidisciplinary research group dealing with global production, labour, money and finance within the Department of International Development at the School of Global Affairs, King's College London.
Global Capitalism, Power & Uneven Development research group
We study the many ways in which the world-system unevenly constrains and drives development everywhere, with its persistent structural hierarchies, dependencies, contradictions, and unequal power relations between classes, ethnicities, genders, races, and states.
News
Investment in research and development powering growth in knowledge economy
Firms are increasingly turning to investments in research and advertising to drive growth as the transition to the knowledge economy intensifies, a new study...
Research
Global Production, Finance and Labour research group
A multidisciplinary research group dealing with global production, labour, money and finance within the Department of International Development at the School of Global Affairs, King's College London.
Global Capitalism, Power & Uneven Development research group
We study the many ways in which the world-system unevenly constrains and drives development everywhere, with its persistent structural hierarchies, dependencies, contradictions, and unequal power relations between classes, ethnicities, genders, races, and states.
News
Investment in research and development powering growth in knowledge economy
Firms are increasingly turning to investments in research and advertising to drive growth as the transition to the knowledge economy intensifies, a new study...