FX swaps, shadow banks and the global dollar footprint
(2022)
Journal Article
Dafermos, Y., Gabor, D., & Michell, J. (2023). FX swaps, shadow banks and the global dollar footprint. Environment and Planning A, 55(4), 949-968. https://doi.org/10.1177/0308518X221128302
The era of dollar-based financial globalisation has seen a steady rise in the use of foreign exchange (FX) swaps. We provide a macrofinancial political economy perspective on the geography of FX swaps, and the spatial effects of central bank policies... Read More about FX swaps, shadow banks and the global dollar footprint.