All Outputs (3)

Banking on bonds: The new links between states and markets (2015)
Journal Article

This article examines a neglected structural transformation in European finance: the growing importance of government debt as collateral for Europe's repo markets, where banks borrow cash against collateral. Seduced by the promises of repo market-dri... Read More about Banking on bonds: The new links between states and markets.

A step too far? The European financial transactions tax on shadow banking (2015)
Journal Article

This paper focuses on the European Commission's proposals to include the repo market – a market systemic to European (shadow) banking – in the financial transactions tax (FTT). It asks why the FTT governments negotiating under the enhanced co-operati... Read More about A step too far? The European financial transactions tax on shadow banking.

The IMF's Rethink of Global Banks: Critical in Theory, Orthodox in Practice (2015)
Journal Article

© 2014 Wiley Periodicals, Inc. The International Monetary Fund's (IMF) new financial interconnectedness agenda, developed in response to postcrisis calls from G20 to better understand systemic financial institutions, deploys a critical approach that... Read More about The IMF's Rethink of Global Banks: Critical in Theory, Orthodox in Practice.