PhD Researcher · SOAS, London

Lena Gempke,
political economist.

Rethinking household debt, social reproduction, and subordinate financialization across the Global South, with a focus on South Africa.

An economist who refuses the tidy categories of economics.

Lena is a PhD student in Development Economics at SOAS, University of London, where her work explores the gendered nature of household debt in the Global South — with a particular focus on South Africa.

She contributes to a heterodox reading of our economic system by tracing how financial capitalism shapes material realities in the Global South, linking theories of subordinate financialization with social reproduction frameworks.

Lena is dedicated to unpacking the real-life complexities behind well-established categories in economics — households, debt, networks — drawing on anthropology, political economy, gender studies, and economics in equal measure.

Many threads, one unruly tapestry.

01

Social Reproduction

Approaches that put care, labour, and life-making at the centre of the economy.

02

Feminist Economics

Challenging the gendered blind spots of mainstream economic theory.

03

Subordinate Financialization

How global finance reshapes peripheral economies and everyday lives.

04

Economic Anthropology

Ethnographic attention to debt, networks, and household practices.

PhD Thesis · in progress

Everyday practices of indebtedness: a feminist political economy study of South Africa.

A study of how debt is lived, negotiated, and reproduced in everyday life — and what that tells us about the global financial order.

Supervised by Dr Sara Stevano · Department of Economics, SOAS

A path through pluralist economics.

PhD, Development Economics

SOAS, University of London · current

Researching the gendered nature of household debt in South Africa.

Consultant, Governance & Public Institutions

The World Bank · current

Working on the political economy of climate change policies.

Consultant to the Regional Vice President for South Asia

The World Bank · previously

Background research, client engagements, and internal communication.

MSc, Political Economy of Development

SOAS, University of London

Graduate training in heterodox political economy.

BA, Economics & Anthropology

University of Göttingen, Germany

Plus active organising with the German Network for Pluralist Economics — summer schools and roundtables.

Let's talk.

For collaborations, conversations, or coffee in Russell Square:

695261@soas.ac.uk