Central banks, the climate crisis and the need for a ‘creative disruption’ (Sokol and Stephens 2023)

Central banks, the climate crisis and the need for a ‘creative disruption’ Authors:  Martin Sokol and Jennie C. Stephens _________________________________________________________________________ How should central banks respond to the worsening climate crisis that threatens to destabilise the economy and society? As climate disruptions become more frequent and intense, it seems clear that changes in central banks and […]

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30th November 2023 at 2-3pm UK time – online book talk with Andy Pike on “Financialization and Local Statecraft”!

📚 Join us for a captivating online book talk with Andy Pike on “Financialization and Local Statecraft”! 🗓️ Mark your calendars for the 30th at 2-3pm UK time. 🌐 Explore the intersection of finance and local governance. Don’t miss this insightful discussion! #AndyPikeTalk #Financialization #LocalStatecraft 📖✨

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Join the next Summer Institute in Economic Geography held at NUS Geography, 21-26 July 2024!

Join the next Summer Institute in Economic Geography held at NUS Geography, 21-26 July 2024! Applications OPEN now till 22 Dec 2023. The Summer Institute in Economic Geography represents a unique approach to advanced training, mentoring, and professional development for early-career researchers entering the field of economic geography, broadly defined, oriented to the highest standards of international practice. The 11th […]

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Job opportunity! Postdoctoral Research Opportunities at Vienna University

What to expect  The postdoctoral researcher will be part of a team starting a new research direction in the study of energy- and financial transitions that will have important implications for studying phenomena at the intersection of energy geopolitics, geoeconomics, and geofinance. The initial contract is for one year, possibly extending annually up to 4 […]

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The role of capital markets in saving the planet and changing capitalism – just kidding (by Michael H. Grote and Matthew A. Zook)

Given the emphasis on ESG in the media and among the finance community one could easily believe that capital markets are a major contributor to the goal of limiting global warming. We argue this perception is largely false; a narrative strongly pushed by the finance industry to highlight green initiatives and in so doing, block […]

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From transition bank to EU neighborhood policy bank: EBRD’s commitment change in Egypt (by Dóra Piroska and Bálint Schlett)

The European Bank for Restructuring and Development (EBRD) is one of the least visible and most controversial regional development banks. Its unique features include its political mission to advance liberal market transition in countries committed to democratization, as well as an exceptionally large and diverse shareholder structure that comprises 71 countries (including US, Japan, China, […]

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Global financial professionals and the China Investment Corporation: Handmaidens to the global expansion of Chinese state-owned capital (by Imogen T. Liu and Adam D. Dixon)

The stock of Chinese foreign direct investment into the advanced capitalist economies has grown exponentially in the past decades, generating a large body of policy and popular discourse around the question of Chinese political influence in global financial markets. Scrutiny has almost exclusively fallen on the investment activities of Chinese sovereign wealth funds and state-owned […]

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Too-Much Branching: Cost of Debt of SMEs and Local Market Characteristics in Slovakia (by Maria Siranova and Oliver Rafaj)

Some people might consider the ‘brick-and-mortar’ bank branch to be an obsolete concept destined to become extinct. Almost every decade, it has been predicted that technology will render the physical presence of banks unnecessary. However, the bank branch has yet to be replaced as the primary source of soft information with an intrinsic spatial dimension. […]

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Financial nationalism and democracy: Evaluating financial nationalism in light of post-crisis theories of financial power in Hungary (By Dóra Piroska)

Financial nationalism is on the rise. Countries ranging from the United States, Russia, China, and Taiwan, to Bolivia and Hungary embrace financial nationalist policies although to varying degrees. For scholars, a core intellectual puzzle is to explain these governments’ sustained capacity to pursue financial nationalism in an era when the interconnectedness of global financial markets […]

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The Local Effects of Monetary Policy (by Sergey Avetisyan)

The literature about financial geography is largely defined by three parts: financial geography (general), distance relations in banking, and location analysis of commercial banks. Two important parts of financial geography are, however, rarely discussed in their relationship to each other: financial centers and monetary policy. This paper is devoted to an analysis of the literature […]

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The pandemic city (by Martin Sokol)

The Covid-19 pandemic has reignited debates about the future of cities. Optimists hope that – in response to the pandemic – our cities can become greener, healthier, smarter, more pleasant to work and live in, more economically resilient and more sustainable. But let’s just imagine for a moment that, for whatever reason (vaccine supply delays; […]

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