Skip to main content

Research Repository

Advanced Search

Managing Capital Accounts in Emerging Markets: Lessons from the Global Financial Crisis (2012)
Journal Article
Gabor, D. (2012). Managing Capital Accounts in Emerging Markets: Lessons from the Global Financial Crisis. Journal of Development Studies, 48(6), 714-731. https://doi.org/10.1080/00220388.2011.649257

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
Gabor, D. (2012). The power of collateral: The ECB and geographies of bank funding. https://doi.org/10.2139/ssrn.2062315

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
Gabor, D. (2012). The road to financialization in Central and Eastern Europe: Revisiting the early policies and politics of stabilizing transition. Review of Political Economy, 24(2), 227-249. https://doi.org/10.1080/09538259.2012.664333

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
Gabor, D. V., & Gabor, D. (2012). The Road to Financialization in Central and Eastern Europe: The Early Policies and Politics of Stabilizing Transition. Review of Political Economy, 24(2), 227-249. https://doi.org/10.1080/09538259.2012.664333

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.

Political risk, crisis and foreign-owned banks in New Member states (2012)
Journal Article
Gabor, D., & Kudrna, Z. (2012). Political risk, crisis and foreign-owned banks in New Member states. Europe-Asia Studies, 65(3), 548-566. https://doi.org/10.1080/09668136.2013.779458

The financial crisis renewed attention to risks disregarded during boom years, including political risks stemming from transnational banking within the EU. The need to distribute crisis-related losses prompted authorities in Hungary, Austria, Romania... Read More about Political risk, crisis and foreign-owned banks in New Member states.