Monetary policy operations in corporate security markets confront central banks with choices
that are traditionally perceived to be the prerogative of governments. This article investigates …

An account of the significant though gradual, uneven, disconnected, ad hoc, and pragmatic
innovations in global financial governance and developmental finance induced by the …

International organizations (IOs) such as the International Monetary Fund and the World
Bank are assumed to rely on 'sympathetic interlocutors' at the national level to drive through …

A pivotal question raised in the 1980s debate over the durability of the United States-led
world order still haunts us today. Does the postwar liberal international order, which the US …

Who controls global policy debates on shadow banking regulation? We show how experts
secured control over how issues in shadow banking regulation are treated by examining the …

This book provides a comprehensive investigation of the messy and crisis-ridden
relationship between the operations of capitalist finance, global capital flows, and state …

ABSTRACT The European Central Bank (ECB) has often been portrayed as highly resistant
to ideational change. This paper paints a different picture. A battle of ideas dominated the …

Exchange rate policy has profound consequences for economic development, financial
crises, and international political conflict. Some governments in the developing world …

This article investigates why the European Central Bank's (ECB's) unconventional monetary
policies were relatively modest during the crisis, focusing specifically on the design of its …

The rebranding of capital controls during the global crisis has widened the policy space in
the financial arena to a greater, more consistent degree than following the Asian crisis. How …