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The period since the global financial crisis has exposed some areas of serious illegal and immoral conduct within western banking systems. Drawing on interviews with more than 150 individuals working in financial services as well as regulators, politicians, and lawyers, this book explains what has and hasn't changed in bank culture.
The period since the Global Financial Crisis and numerous scandals have exposed some areas of serious illegal and unethical conduct within western banking systems. Despite extensive reforms it is increasingly apparent however that there is a persistent problem with the 'culture' of banking in Anglo-America. US and UK state managers made substantial efforts to reform the culture of their banking sectors. However, this book argues that they focused on an extremely narrow definition of bank culture. They did so for two reasons: firstly, because the structural pressures of financialization - which are a far more important driver of the problematic features of bank culture in Anglo-America - are ...
Huw Macartney examines the conflicting movements gripping Europe. He explains why 'more Europe and less democracy' seems to be the order of the day. He argues that state managers responses reflect a long-term disquiet about the economic consequences of democracy. Through a critical engagement with ordo-liberal and neo-liberal intellectual traditions, Macartney explains why participation and consent have given way to coercion and depoliticisation. Financial speculation and growing social unrest have thus fuelled attempts to further mystify the political character of economic policymaking. This comes at precisely the time when the everyday life of European citizens is most affected by the decisions of political classes at the heart of Europe. There are strong reasons to believe though that the kind of violent outbreaks in Greece and elsewhere point to the limitations of this authoritarian, undemocratic governing strategy. The end-result could prove devastating for Europe.
Amidst the continued debate surrounding the foundations of IPE, coupled with recent methodological and theoretical divides this book argues that an attempt should be made to re-visit the notion of the 'critical'. The challenge posed by contributors to this volume is to assess the development of so-called critical IPE and interrogate whether the theoretical foundations it was built upon have reached their potential. The essays in this volume take up this challenge in a number of different ways but all share a common concern - to re-assess the purpose of critical approaches, reflect on why certain social theorists have been favoured as a point of departure, yet others have largely been ignored. In light of recent debates on the notion of a 'trans-Atlantic divide' within IPE the collection the contributors aim demonstrates how the distinction between the 'critical' and the 'orthodox' (or 'empirical') is only significant if the 'critical' is geared towards a larger, more substantial body of critical social enquiry and engages with what it means to conduct such enquiry.
'Variegated Neoliberalism' offers analyses of global & European banking communities, & economic research centres in the UK, France & Germany. It explains the current neoliberal order in global finance & the challenges being faced.
Just the Facts Ma'am is the only book written from an economics perspective that addresses one of the most remarkable cases of the reversal of corruption in the history of the United States - a case of corruption in the Los Angeles Police Department.
This book explores how the first decade of the 21st century was nothing short of “les années folles”. The impressive growth rate of emerging economies changed the crisis-ridden world in a very short time, and in the early 2000s the emerging world’s weight in the global economy was 38%, now 50%. This statistic confirms the political reality of the century of the emerging world. The monograph shows that the long-term tendencies inaugurated during this decade represent a silent revolution, as significant as the fall of the Berlin Wall and the collapse of the Soviet Union, and this will lead to a geopolitical reconfiguration hard to envision right now.
The Handbook on Gender in World Politics is an up-to-date, comprehensive, multi-disciplinary compendium of scholarship in gender studies. The text provides an indispensable reference guide for scholars and students interrogating gender issues in international and global contexts. Substantive areas covered include: statecraft, citizenship and the politics of belonging, international law and human rights, media and communications technologies, political economy, development, global governance and transnational visions of politics and solidarities.
The establishment of Banking Union represents a major development in European economic governance and European integration history more generally. Banking Union is also significant because not all European Union (EU) member states have joined, which has increased the trend towards differentiated integration in the EU, posing a major challenge to the EU as a whole and to the opt-out countries. This book is informed by two main empirical questions. Why was Banking Union - presented by proponents as a crucial move to 'complete' Economic and Monetary Union (EMU) - proposed only in 2012, over twenty years after the adoption of the Maastricht Treaty? Why has a certain design for Banking Union been...
The role in public life of religious organizations such as black churches has been a contested and heated topic, with their advocates calling for them to have a major place in public discourse and their critiques demanding their silence in public if not their total destruction. This book offers a creative and compelling way to think about this dilemma. Unlike some, it does not deny the effort on the part of such organizations to be involved in public discourse and public policy; instead, it argues this interest is insufficient. Drawing attention to the basic elements of organizations such as black churches theology, organizational hierarchy, and so on Pinn argues these churches (and other religious organizations by extension) are not structured in such a way as to allow participation in the public arena in ways that appreciate and nurture the diversity of that arena. Instead, Pinn calls for recognition of their value in the private life of some, but their failure to have usefulness within the public arena.