Outputs (4)

Managing Capital Accounts in Emerging Markets: Lessons from the Global Financial Crisis (2012)
Journal Article

AbstractThe global financial crisis forcefully highlighted the importance of curbing the impact of large and volatile capital inflows on growth and financial stability in developing countries. It led the IMF to reconsider its long-standing rejection... Read More about Managing Capital Accounts in Emerging Markets: Lessons from the Global Financial Crisis.

The power of collateral: The ECB and geographies of bank funding (2012)
Journal Article

This paper explores the importance of geographies of bank funding for the design of central banks’ crisis interventions in financial markets. It first distinguishes between market-based and bank-based measures to then focus on the collateral manageme... Read More about The power of collateral: The ECB and geographies of bank funding.

The road to financialization in Central and Eastern Europe: Revisiting the early policies and politics of stabilizing transition (2012)
Journal Article

Early stabilization policies played an important part in the financialization of the formerly planned economies. The excess demand narrative, one of the least contested ‘problems’ of post-socialist transformation, structured central banks’ liquidity... Read More about The road to financialization in Central and Eastern Europe: Revisiting the early policies and politics of stabilizing transition.

The Road to Financialization in Central and Eastern Europe: The Early Policies and Politics of Stabilizing Transition (2012)
Journal Article

Narratives of macroeconomic stabilization played an important part in the financialization of the formerly planned economies. The excess demand narrative, one of the least contested 'problems' of post-socialist transformation, shaped central banks' l... Read More about The Road to Financialization in Central and Eastern Europe: The Early Policies and Politics of Stabilizing Transition.