The Political Economy of Global Finance Capital

World Politics

Volumn 61, Issue 4, 2009, Pages 731-763

  Deeg, Richard ^a   O'sullivan, Mary A ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 85008563690     PISSN: 00438871     EISSN: 10863338     Source Type: Journal    
DOI: 10.1017/S0043887109990116     Document Type: Review

References (77)

1. Barnett, Michael, and Jelle Visser. 2004. Rules for the World: International Organizations in Global Politics. Ithaca, N.Y.: Cornell University Press.
2. Beyer, Jürgen, and Martin Höpner. 2003. “The Disintegration of Organised Capitalism: German Corporate Governance in the 1990s.” West European Politics 26 (October): 179–98.
3. Botzem, Sebastian, and Sigrid Quack. 2006. “Contested Rules and Shifting Boundaries: International Standard-Setting in Accounting.” In Marie-Laure Djelic and Kerstin Sahlin-Andersson, eds., Transnational Governance: Institutional Dynamics of Regulation. Cambridge: Cambridge University Press.
4. Callaghan, Helen, and Martin Höpner. 2005. “European Integration and the Clash of Capitalisms: Political Cleavages over Takeover Legislation.” Comparative European Politics 3, no. 3: 307–32.
5. Chesnais, François. 2004. La Finance Mondialisée. Paris: Éditions La Découverte.
6. Cohen, Benjamin J. 1996. “Phoenix Risen: The Resurrection of Global Finance.” World Politics 48, no. 2 (January): 268–96.
7. Cohen, Benjamin J. 2002. “International Finance.” In Walter Carlsnaes, Thomas Risse, and Beth A. Simmons, eds., Handbook of International Relations. Thousand Oaks, Calif.: Sage.
8. Cutler, A. Clair, Virginia Haufler, and Tony Porter, eds. 1999. Private Authority and International Affairs. Albany: State University of New York Press.
9. Drezner, Daniel. 2007. All Politics Is Global: Explaining International Regulatory Regimes. Princeton: Princeton University Press.
10. Deeg, Richard, and Gregory Jackson. 2007. “Towards a More Dynamic Theory of Capitalist Variety.” Socio-Economic Review 5 (January): 149–79.
11. Djelic, Marie-Laure, and Kerstin Sahlin-Andersson, eds. 2006. Transnational Governance: Institutional Dynamics of Regulation. Cambridge: Cambridge University Press.
12. Duménil, Gérard, and Dominique Lévy. 2004. Capital Resurgent: The Roots of the Neoliberal Revolution. Cambridge: Harvard University Press.
13. Economist. 2008a. “Wall Street's Crisis.” March 22: 79.
14. Economist. 2008b. “Global Finance: Lifelines.” October 11: 33.
15. Economist. 2009. “Sound and Fury.” February 14: 14.
16. Eichengreen, Barry. 1989. “Hegemonic Stability Theories of the International Monetary System.” In Richard N. Cooper, Barry Eichengreen, Gerald Holtham, Robet D. Putnam, and C. Randall Hennings, eds., Can Nationals Agree? Issues in International Economic Cooperation. Washington, D.C.: Brookings Institution.
17. Eichengreen, Barry. 2003. “Governing Global Financial Markets: International Responses to the Hedge-Fund Problem.” In Miles Kahler and David A. Lake, eds., Governance in a Global Economy. Princeton: Princeton University Press.
18. Epstein, Gerald A., and Arjun Jayadev. 2006. “The Rise of Rentier Incomes in OECD Countries: Financialization, Central Bank Policy and Labor Solidarity.” In Gerald A. Epstein, ed., Financialization and the World Economy. Northampton, Mass.: Edward Elgar.
19. European Commission. 2007. Report on the Proportionality Principle in the European Union, at http://ec.europa.eu/internal_market/company/docs/sharehold ers/study/final_report_en.pdf. Accessed June 2009.
20. Farrell, Diana, Susan Lund, Christian Fölster, Raphael Bick, Moira Pierce, and Charles Atkins. 2008. Mapping Global Capital Markets—Fourth Annual Report. San Francisco: McKinsey Global Institute, at http://www.mckinsey.com/mgi/publications/Mapping_Global/index.asp. Accessed June 2009.
21. Financial Stability Forum. 2008. Report of the Financial Stability Forum on Enhancing Market and Institutional Resilience. April 7, 2008, at http://www.financialstabilityboard.org/publications/r_0804.pdf. Accessed June 2009.
22. Financial Times. 2009a. “China to Stick with US Bonds.” February 12: 13.
23. Financial Times. 2009b. “Japan Says Sayonara to Once-Feared Activist Investors.” February 18: 18.
24. Finnemore, Martha, and Kathryn Sikkink. 1998. “International Norm Dynamics and Political Change.” International Organization 52 (Autumn): 887–917.
25. Frieden, Jeffry A. 1991. Debt, Development and Democracy: Modern Political Economy and Latin America, 1965–1985. Princeton: Princeton University Press.
26. Giles, Chris, and Krishna Guha. 2008. “Banks’ Self-Regulation Bid Brushed Aside.” Financial Times. April 14: 6.
27. Gilpin, Robert. 1981. War and Change in World Politics. New York: Cambridge University Press.
28. Gilpin, Robert. 2001. Global Political Economy: Understanding the International Economic Order. Princeton: Princeton University Press.
29. Goyer, Michel. 2006. “Varieties of Institutional Investors and National Models of Capitalism: The Transformation of Corporate Governance in France and Germany.” Politics and Society 34 (September): 399–430.
30. Guardian. 2008. “International Monetary Fund: A Fund with Few Takers.” October 19: 34.
31. Hall, Peter A., and Soskice, David. 2001. “An Introduction to Varieties of Capitalism.” In Peter A. Hall and David Soskice, eds., Varieties of Capitalism: The Institutional Foundations of Comparative Advantage. Oxford: Oxford University Press.
32. Hawkins, Darren G., David A. Lake, Daniel L. Nielsen, and Michael J. Tierney, eds. 2006. Delegation and Agency in International Organizations. Cambridge: Cambridge University Press.
33. Helleiner, Eric. 1994. States and the Reemergence of Global Finance: From Bretton Woods to the 1990s. Ithaca, N.Y.: Cornell University Press.
34. Herring, Richard, and Robert Litan. 1995. Financial Regulation in the Global Economy. Washington, D.C.: Brookings Institution.
35. Höpner, Martin. 2005. “What Connects Industrial Relations and Corporate Governance? Explaining Institutional Complementarity.” Socio-Economic Review 3 (May): 331–58.
36. Independent on Sunday. 2007. “Private Equity Prepares to Lift Veil of Secrecy.” November 25.
37. Independent on Sunday. 2008. “As BVCA Cuts Half Its Staff, Banker and Economist Are Set to Join.” April 27.
38. Institute for International Finance. 2008. Interim Report of the IIF Committee on Market Best Practices, April, at http://www.iif.com/press/2008+press/press+66.php. Accessed June 2009.
39. International Monetary Fund. 2008. Global Financial Stability Report, Containing Systemic Risks and Restoring Financial Soundness. Washington, D.C.: International Monetary Fund, April.
40. Iversen, Torben. 2005. Capitalism, Democracy, and Welfare. Cambridge: Cambridge University Press.
41. Iversen, Torben, and David Soskice. 2006. “Electoral Institutions and the Politics of Coalitions: Why Some Democracies Redistribute More Than Others.” American Political Science Review 100 (May): 165–81.
42. Kapstein, Ethan B. 1994. Governing the Global Economy: International Finance and the State. Cambridge: Harvard University Press.
43. Kapstein, Ethan B. 1989. “Resolving the Regulator's Dilemma: International Coordination of Banking Regulations.” International Organization 43, no. 2: 323–47.
44. Katzenstein, Peter J. 1978. Between Power and Plenty: Foreign Economic Policies of Advanced Industrial States. Madison: University of Wisconsin Press.
45. Keohane, Robert O. 1984. After Hegemony: Cooperation and Discord in the World Political Economy. Princeton: Princeton University Press.
46. Kindleberger, Charles P. 1973. The World Depression, 1929–1939. Berkeley and Los Angeles: University of California Press.
47. Korpi, Walter. 2003. “Welfare State Regress in Western Europe: Politics, Institutions, Globalization and Europeanization.” Annual Review of Sociology 29 : 589–609.
48. Krippner, Greta. 2005. “The Financialization of the American Economy.” Socio-Economic Review 3 (May): 173–208.
49. Krugman, Paul. 2008. “Success Breeds Failure.” New York Times, May 5: 21.
50. Lane, Christel. 2005. “Institutional Transformation and System Change: Changes in the Corporate Governance of German Corporations.” In Glenn Morgan, Richard Whitley, and Eli Moen, eds., Changing Capitalisms? Complementarities, Contradictions and Capability Development in an International Context. Oxford: Oxford University Press.
51. La Porta, Rafael, Florencio Lopez-De-Silanes, Andrei Shleifer, and Robert W. Vishny. 1998. “Law and Finance.” Journal of Political Economy 106, no. 6 (December): 1113–55.
52. Lazonick, William, and Mary O'Sullivan. 2000. “Maximizing Shareholder Value: A New Ideology for Corporate Governance.” Economy and Society 29 (February): 13–35.
53. Lowenstein, Roger. 2008. “Triple-A Failure.” New York Times, Magazine. April 27: 36.
54. Lütz, Susanne. 2004. “Convergence within Diversity: The Regulatory State in Finance.” Journal of Public Policy 24 (August): 169–97.
55. MacKenzie, Donald A. 2006. An Engine, Not a Camera: How Financial Models Shape Markets. Cambridge, Mass.: MIT Press.
56. Mares, Isabela. 2003. The Politics of Social Risk: Business and Welfare State Development. Cambridge: Cambridge University Press.
57. Martinuzzi, Elisa. 2008. “Credit Crisis Costs Top $1 Trillion with Morgan Stanley's Loss,” at http://www.bloomberg.com/apps/news?pid=20670001&refer=&sid=asAJjiHQgPEw, December 17. Accessed June 2009.
58. McNamara, Kathleen. 1998. The Currency of Ideas: Monetary Politics in the European Union. Ithaca, N.Y.: Cornell University Press.
59. New York Times. 2008. “Taking Hard New Look at a Greenspan Legacy.” October 9.
60. Moran, Michael. 1991. The Politics of the Financial Services Revolution: The USA, UK and Japan. New York: St. Martin's Press.
61. Nolke, Andreas, and James Perry. 2007. “The Power of Transnational Private Governance: Financialisation and the IASB.” Business and Politics 9, no. 3: article 4, at http://www.bepress.com/bap/vol9/iss3/art4. Accessed June 2009.
62. O'Sullivan, Mary. 2000. Contests for Corporate Control: Corporate Governance and Economic Performance in the United States and Germany. Oxford: Oxford University Press.
63. Posner, Elliot. 2005. “Sources of Institutional Change: The Supranational Origins of Europe's New Stock Markets.” World Politics 58, no. 1 (October): 1–40.
64. Posner, Elliot. 2009. “Making Rules for Global Finance: Transatlantic Regulatory Cooperation at the Turn of the Millennium.” International Organization 63, no. 4 (October).
65. Simmons, Beth A., Frank Dobbin, and Geoffrey Garrett. 2006. “Introduction: The International Diffusion of Liberalism.” International Organization 60 (Autumn): 781–810.
66. Simmons, Beth A., Frank Dobbin, and Geoffrey Garrett. 2008. The Global Diffusion of Markets and Democracy. Cambridge: Cambridge University Press.
67. Soros, George. 2008. “The False Belief at the Heart of the Financial Turmoil.” Financial Times, April 3: 15.
68. Streeck, Wolfgang, and Kathleen Thelen, eds. 2005. Beyond Continuity: Explorations in the Dynamics of Advanced Political Economies. Oxford: Oxford University Press.
69. Underhill, Geoffrey R. D. 1995. “Keeping Governments out of Politics: Transnational Securities Markets, Regulatory Cooperation, and Political Legitimacy.” Review of International Studies 2, no. 3: 251–78.
70. Véron, Nicolas, Matthieu Autret, and Alfred Galichon. 2006. Smoke and Mirrors, Inc.: Accounting for Capitalism. Trans. George Holoch. Ithaca, N.Y.: Cornell University Press.
71. Wall Street Journal. 2008a. “Mortgage Fallout Exposes Holes in New Bank-Risk Rules.” March 4: A1.
72. Wall Street Journal. 2008b. “SEC Aims to Rein in the Role of Ratings.” June 24: C1.
73. Wall Street Journal. 2008c. “EU to Push Global Oversight of Top Financial Firms.” October 16: A5.
74. Wall Street Journal. 2008d. “IMF Regains Some Global Cout: Once-Scorned Lender Fashions Rescue Packages for Those with No Alteratives.” October 23: A13.
75. Wall Street Journal. 2008e. “Behind AIG's Fall, Risk Models Failed to Pass Real-World Test.” November 3: A1.
76. Wolf, Martin. 2008a. “Why Financial Regulation Is Both Difficult and Essential,” Financial Times. April 16: 11.
77. Wolf, Martin. 2008b. “Seven Habits that Finance Regulators Must Acquire.” Financial Times. May 7: 11.