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The William R. Rhodes Center for International Economics and Finance

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Albina Gibadullina

Research Associate
albina_gibadullina@brown.edu
Stephen Robert '62 Hall
CV
Research Interests Political Economy, money and finance, financialization, financial elites, asset management, private equity, economic inequality, secular stagnation, financial crises, corporate governance

Biography

Albina Gibadullina is a Research Associate in Political Economy at the Watson School of International and Public Affairs. Albina is a geographical political economist and a financial geographer, studying the operations of the U.S. financial system and its broader economic influence. At Brown, Albina is working on research projects devoted to the study of asset manager capitalism and private equity. Albina is expected to defend their PhD dissertation in Geography at the University of British Columbia (UBC) in the fall of 2025. They hold a Bachelor of Commerce in Finance (2017) and a Master of Arts in Geography (2020) from UBC. Albina’s research has been published in New Political Economy, Environment and Planning A, Socio-Economic Review, and Geoforum.

Research

My broader research interests lay in the interdisciplinary fields of political economy and financialization studies. At a high level, I am interested in questions related to the changing roles and functions of financial institutions in the modern economy, their forms of power, control, and influence, as well as their long-term impacts on non-financial firms, households, and the broader world-system. My research traces the historical transformation of the U.S. financial sector from being a lender to Main Street institutions to becoming their largest permanent owner. In my current work, I further explore what this change in corporate ownership structures means for how the broader U.S. economy is organized, including its impacts on the surging levels of wealth and income inequality. I am also interested in understanding how global financial markets sustain and at times challenge U.S. hegemony, as well as how U.S. fiscal, monetary, and regulatory policies have strengthened the position of finance capital globally.

Publications

Eaton, C. & Gibadullina, A. (2025) Elite embeddedness: The rise of financiers on university boards as parallel social organizations. Socio-Economic Review (Online First): 1-33. https://doi.org/10.1093/ser/mwaf001     

Gibadullina, A. (2024) Who owns and controls global capital? Uneven geographies of asset manager capitalism. Environment and Planning A 56(2): 558-585. https://doi.org/10.1177/0308518X231195890 

Gibadullina, A. (2023) Rent and financial accumulation: Locating the profitability of American finance. New Political Economy 28(2): 259-283. https://doi.org/10.1080/13563467.2022.2095994   

Gibadullina, A. (2021) The birth and development of Anglophone financial geography: A historical analysis of geographical studies of money and finance. Geoforum 125: 150-167. https://doi.org/10.1016/j.geoforum.2021.06.009 

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