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The IPE of Financial Derivatives Beyond Crisis

  • Duncan Wigan
Chapter
Part of the Palgrave Handbooks in IPE book series (PHIPE)

Abstract

This chapter reviews analyses of financial derivatives that have addressed market contingencies, crisis and control. Given the central role of financial derivatives in the Global Financial Crisis, International Political Economy (IPE) has understandably focused on speculation and asset price inflation. Concomitant to this has been a concern with regulatory privilege and capture. Recognising the significance of these engagements, this chapter draws attention to the longer-term significance of financial derivatives for IPE, identifying this significance in terms of a new form of ownership and relations between fiscal and financial systems.

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Duncan Wigan
    • 1
  1. 1.Copenhagen Business SchoolFrederiksbergDenmark

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