Debt, Finance & Financialization

Peer-reviewed articles

Koddenbrock, Kai, Ingrid Harvold Kvangraven and Ndongo Samba Sylla. 2022. ‘Beyond financialisation: the longue durée of finance and production in the Global South.’Cambridge Journal of Economics.

Alami, Ilias, Carolina Alves, Bruno Bonizzi, Annina Kaltenbrunner, Kai Koddenbrock, Ingrid Harvold Kvangraven and Jeff Powell. 2022. ‘International financial subordination: a critical research agenda.’ Review of International Political Economy.

Kvangraven, I.H., K. Koddenbrock and N.S.Sylla. 2021. ‘Financial subordination and uneven financialisation in 21st century Africa’, Community Development 56(1): 119-140.

Dos Santos, P. and I.H. Kvangraven. 2017. ‘Better Than Cash, But Beware the Costs: Electronic Payments Systems in Developing Countries,’ Development and Change 48 (2): 205–227.

Gevorkyan, A. and I.H. Kvangraven. 2016. ‘Assessing Recent Determinants of Borrowing Costs in Sub-Saharan Africa,’ Review of Development Economics 20 (4): 721–738.

Working papers

Alami, Ilias, Carolina Alves, Bruno Bonizzi, Annina Kaltenbrunner, Kai Kodddenbrock, Ingrid Kvangraven and Jeff Powell (2021) ‘International financial subordination: a critical research agenda,’ Greenwich Papers in Political Economy 85.

Koddenbrock, K, I.H. Kvangraven, N.S. Sylla. 2020. ‘Beyond Financialisation: The Need for a Longue Durée Understanding of Finance in Imperialism,’ OSF PrePrints.

Book Reviews

Kvangraven, I.H. 2021. ‘Money Power and Financial Capital from a Decolonial Perspective’, AfronomicsLaw November 5th, 2021 [Review of Alami’s Money Power and Financial Capital in Emerging Markets: Facing the Liquidity Tsunami]

Book chapters

Kvangraven, I.H. ‘The Changing Character of Financial Flows to Sub-Saharan Africa,’ in Gevorkyan, Aleksandr and Otaviano Canuto (eds) Financial Deepening and Post-Crisis Development in Emerging Markets (2016).


Bond to Happen? Recurring Debt Crises in Sub-Saharan Africa and the Rise of Sovereign Bond Issuance (Debt Justice Network Norway, October 2016)

Exportable – How To Make The Norwegian Debt Audit Transferable To Other Countries (The Norwegian Coalition for Debt Cancellation, January 2013)

No more debt inequalities (with Jayati Ghosh), Progressive International, April 22nd, 2021.

An Anti-Imperialist Call for Debt JusticeProgressive International,August 21st 2020.

Caveat emptor: the Graduation Approach, electronic payments and the potential pitfalls of financial inclusion (Policy in Focus 14 (2): 55-57, 2017) (with Paulo dos Santos)

Bond to happen? Recurring debt crises in Sub-Saharan Africa and the rise of sovereign bond issuance (Righting Finance December 8th, 2016) (this piece was also re-published on Social Watch)

Are Norwegian Investments in Sovereign Bonds Responsible? (November 9th, 2016, SLUG)

The Trouble with Sub-Saharan African Debt (with Aleksandr Gevorkyan), Interfima, October 10th 2016 (this piece was also re-published and referred to on several other platforms).

Financial Inclusion and Its Discontent (with Paulo dos Santos), The Private Debt Project, April 13th 2016.

Can Development goals help development finance? If so, how? Development Finance Agenda Vol. 2, Issue 1 (2016).