• Katarina Stojanović Faculty of Economics and Engineering Management in Novi Sad, University Business Academy in Novi Sad, Serbia
  • Branislav Sančanin Medical College of Professional Studeis, Belgrade, Serbia
  • Aleksandra Penjišević The College of Academic Studies ’’Dositej’’, Belgrade, Serbia



financialization, financialised city, ghost towns, socio-economic phenomenon, urbanization


Financialization is a global phenomenon. This paper studies how this phenomenon has reflected upon the urban areas and the emergence of accelerated “production of space”. These relationships are considered for the period from the beginning of the 21st century till present. Also, research is aimed to identification of one of characteristic urban typologies - “ghosts towns”, which are subject of the comparative analysis. Analyzed examples are developed at various locations within approximate time context, while social, economic, political, cultural, and many other contexts are different. However, the phenomenon of financialization also occurs in developed and underdeveloped countries. Meaning, impact and consequences of the described process, and thus the identification of the causes, present possibilities to prevent possible negative consequences or to point them out in order to improve quality of urban life.


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How to Cite

Stojanović, K., Sančanin, B., & Penjišević, A. (2024). CITIES TYPOLOGY UNDER THE INFLUENCE OF FINANCIALIZATION: PHENOMENON OF GHOST TOWNS. SCIENCE International Journal, 3(1), 13–18.