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Continuities and Change in IPE at the Start of the Twenty-first Century Read chapter Read first chapter

2019 | OriginalPaper | Chapter

19. The IPE of Financial Derivatives Beyond Crisis

Author : Duncan Wigan

Published in: The Palgrave Handbook of Contemporary International Political Economy

Publisher: Palgrave Macmillan UK

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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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Metadata
Title
The IPE of Financial Derivatives Beyond Crisis
Author
Duncan Wigan
Copyright Year
2019
Book
The Palgrave Handbook of Contemporary International Political Economy

Print ISBN: 978-1-137-45442-3

Electronic ISBN: 978-1-137-45443-0

Copyright Year: 2019

DOI
https://doi.org/10.1057/978-1-137-45443-0_19