This contribution outlines four propositions of the critical macro-finance (CMF) approach:(1)
US-led financial globalization has structurally evolved around market-based finance, driven …

A bold history of the rise of central banks, showing how institutions designed to steady the
ship of global finance have instead become as destabilizing as they are dominant. While …

Degrowth lacks a theory of how the state can finance ambitious social-ecological policies
and public provisioning systems while maintaining macroeconomic stability during a …

Recently, an unexpected public actor has joined climate activists' forces: central banks
increasingly care about and act on climate change. Their (potential) contribution to the …

Debates on the digital economy neglect its political and financial underpinnings. This article
develops the theoretical framework of governing along the investment chain to grasp the …

The study of public finance—the role of government in the economy—has faded in
geography as attention to private finance has grown. Disrupting the tendency to fetishize …

This paper analyses the role of (stock and derivative) exchanges as powerful actors in
global finance. While most IPE accounts of exchanges analyse 'exchanges as marketplaces' …

The variegated experiences of financialisation in Emerging Capitalist Economies (ECEs)
require a theory of global structural transformation in which these appearances can be …

The 2008 financial crisis saw central banks introduce a variety of tools to shore up the
financial system, including unconventional measures that made use of central bank balance …

This paper argues that 'spatial monetary policy'may be needed to achieve more territorially
balanced economic development. Central banks have been key in fostering financialised …