Dr Rex A McKenzie
Faculties, deparments and locations
- Faculty of Business and Social Sciences
- Department of Economics
- School of Law, Social and Behavioural Sciences
- Penrhyn Road
Senior Lecturer in Economics
- Email:
- r.mckenzie@kingston.ac.uk
About
I was trained at the New School for Social Research in New York USA. My 2006 Ph.D. thesis was entitled Three Essays in the Political Economy of the English Speaking Caribbean. I have held Lecturer, Assistant Professor and Senior Researcher posts in Economics at the University of Technology, Kingston, Jamaica, Purchase College, SUNY, New York, USA, and the University of Witwatersrand, Johannesburg, South Africa. Before academia, I was a professional Foreign Exchange Dealer for sixteen years and this professional experience connects to my research activities in the area of Global Political Economy.
I am a 2021-2022 Trust for London (TFL) grantee and lead the Wealth Chains Project (WCP). The WCP is a collaboration of social science researchers from different universities aimed at gaining a greater understanding of the relationship between property investment coming from offshore tax havens and socio-economic inequality in London.
Domains
I have been teaching for several years and in my teaching I follow Dave Collander, "Ultimately content, not delivery, determines whether one is or is not a good teacher. No matter how well you deliver it, if you do not have something to say, you are not going to be a good teacher." I therefore spend a lot of time thinking about content. Am I saying what I need to say in the way that students can understand and relate to? Thus for me, the key teaching issues are: "what is the content of what we are teaching; what role does that content serve; and should the content be changed?"
Courses taught
Current Research:The Wealth Chain Project
I lead the Wealth Chain Project. The project is the result of a competitive bidding process and is a Trust for London funded research project that combines open ended, semi structured interviews with HM Land Registry data on foreign ownership and a unique empty homes data set to gain a greater understanding of the relationship between property investment coming from offshore tax havens and socio-economic inequality in London.
Among other things, I work very closely with Action on Empty Homes in order to bring foward policy suggesstions aimed at a more equitable distribution of housing wealth in the UK. I am particularly concerned by the scale of homelessness alongside growing numbers of empty homes in the capital and other cities. To that end, I sit on the Board of Action on Empty Homes and lead periodic workshops and seminars on related housing issues..
Publications
The Global South After the Crisis: Growth, Inequality and Development in the Aftermath of the Great Recession
(2016). Cheltenham, U.K.: (Edward Elgar)
What is balance sheet driven and real estate backed?
Mckenzie, Rex, 2024, Housing and Society
Applying the global wealth chain typology to property purchases in the Liverpool and Merseyside Area
McKenzie, Rex, Atkinson, Rowland and Ingianni, Andrea, 2023, Environment and Planning A: Economy and Space
What’s in the laundromat? Mapping and characterising offshore-owned residential property in London
Bourne, Jonathan, Ingianni, Andrea and McKenzie, Rex, 2023, Environment and Planning B : Urban Analytics and City Science
What's in the laundromat? Mapping and characterising offshore owned domestic property in London
Bourne, Jonathan, Ingianni, Andrea and McKenzie, Rex, 2022, arXiv
Anchoring capital in place : the grounded impact of international wealth chains on housing markets in London
McKenzie, Rex and Atkinson, Rowland, 2020, Urban Studies (57), 1, pp 21-38
In Ponzi's image
McKenzie, Rex, 2012, Social and Economic Studies (61), 4, pp 171-203
Casino capitalism with derivatives: fragility and instability in contemporary finance
McKenzie, Rex A., 2011, Review of Radical Political Economics (43), 2, pp 198-215
The Caribbean plantation economy and dependency theory
McKenzie, Rex and Dyveke Styve, Maria (2017). In: Kufakurinani, Ushehwedu, (eds.), Harvold Kvangraven, Ingrid, (eds.), Santanta, Frutuoso, (eds.) and Dyveke Styve, Maria, (eds.), Dialogues on development. New York, U.S.: Young Scholars International ; Institute for New Economic Thinking, pp 42-48
Financialisation of non-financial corporations and households : empirical evidence from the sources and uses of funds
McKenzie, Rex and Mohamed, Seeraj (2016). In: Mohamed, Seeraj, (ed.), The South African Financial System. Financialisation, Economy, Society And Sustainable Development (FESSUD), pp 115-125
Growth of finance
McKenzie, Rex and Mohamed, Seeraj (2016). In: Mohamed, Seeraj, (ed.), The South African Financial System. Financialisation, Economy, Society And Sustainable Development (FESSUD), pp 26-37
History and evolution of the structure of South African financial system
McKenzie, Rex (2016). In: Mohamed, Seeraj, (ed.), The South African Financial System. Financialisation, Economy, Society And Sustainable Development (FESSUD), pp 38-60
Plantation meets MEC : political economy of culture in financialised South Africa
McKenzie, Rex (2016). In: Mohamed, Seeraj, (ed.), The South African Financial System. Financialisation, Economy, Society And Sustainable Development (FESSUD), pp 106-114
Privatisation in South Africa
McKenzie, Rex (2016). In: Mohamed, Seeraj, (ed.), The South African Financial System. Financialisation, Economy, Society And Sustainable Development (FESSUD), pp 136-154
South Africa’s inequality : a growth path perspective
McKenzie, Rex (2016). In: Mohamed, Seeraj, (ed.), The South African Financial System. Financialisation, Economy, Society And Sustainable Development (FESSUD), pp 166-174
The nature and conduct of macroeconomic policy in South Africa
McKenzie, Rex (2016). In: Mohamed, Seeraj, (ed.), The South African Financial System. Financialisation, Economy, Society And Sustainable Development (FESSUD), pp 193-204
The political economy of South Africa and its interaction with processes of financialisation
McKenzie, Rex and Mohammed, Seeraj (2016). In: Mohamed, Seeraj, (ed.), The South African Financial System. Financialisation, Economy, Society And Sustainable Development (FESSUD), pp 11-25
Monetary transmission in Africa : a review of official sources
McKenzie, Rex A. (2016). In: Comert, Hasan, (eds.) and McKenzie, Rex A., (eds.), The Global South after the crisis : growth, inequality and development in the aftermath of the Great Recession. Cheltenham, U.K.: Edward Elgar, pp 123-144
Theorising the hyper-capitalist urban node : financial capitalism and urban transformation in twenty-first century London
McKenzie, Rex and Koutny, Christian (2024). (SocArXiv)
Towards a more inclusive economic analysis : reflections on Dymski's dual separation and my research on inequality and uneven development
Mc Kenzie, Rex (2024). Kingston Upon Thames, U.K.: (Kingston University)
Dependency and Hegemony in Neoliberal South Africa
McKenzie, Rex A. (2017). Kingston upon Thames, U.K.: (Faculty of Arts and Social Sciences, Kingston University)
The Africa Rising Narrative - Whither development?
McKenzie, Rex A. (2016). Kingston upon Thames, U.K.: (Faculty of Arts and Social Sciences, Kingston University)
Financial and Corporate Structure in South Africa
McKenzie, Rex A. (2016). Kingston upon Thames, U.K.: (Faculty of Arts and Social Sciences, Kingston University)
Monetary transmission in Africa : a review of official sources
McKenzie, Rex A. (2015). Kingston upon Thames, U.K.: (Faculty of Arts and Social Sciences, Kingston University)
Financialization and labor: what does Marikana tell us about inequality in South Africa?
McKenzie, Rex A. (2013). New York, U.S.A.: (New School for Social Research)
Volatile capital flows and a route to financial crisis in South Africa
McKenzie, Rex and Pons-Vignon, Nicolas (2012). Munich, Germany: (MPRA University Library of Munich)
Capital controls for South Africa: a case study approach
McKenzie, R., Ashman, S., Pillay, S., Mfongeh, G. and Ncube, P. (2011). (Corporate Strategy and Industrial Development (CSID) University of Witwatersrand)
DTI report on historical trends of industry linkages: key sector identification using (input-output analysis)
McKenzie, R., Newman, S., Mohamed, S., Gwanoya, N., Mfongeh, G. and Ncube, P. (2011). (Corporate Strategy and Industrial Development (CSID), University of Witswatersrand)
Determinants of financialisation in South Africa: a balance sheet approach
McKenzie, Rex A.(2013). In: Financialisation Conference: International Capital Flows and Financialisation of the South African Economy: Policy Options for Stimulating the Employment-driven New Growth Path, 3-4 Oct 2013 :Pretoria, South Africa
The party and the garrison
McKenzie, Rex A(2005). In: University of Massachusetts – New School University Economics Graduate Student Workshop, 5-6 Nov 2005 :Amherst, Massachusetts, U.S.A.
McKenzie, Rex A.(2005). In: 6th Annual SALISES Conference : Governance, Institutions and Economic Growth: Reflections on Sir Arthur Lewis’ Theory of Economic Growth, 17-18 Mar 2005 :Mona, Jamaica