Global Finance in the New Century: Beyond Deregulation [Hardcover]

This edited book deepens our understanding of the complex processes and mechanisms of financial expansion and the effects of this expansion in the global political economy. It brings together perspectives from political economy, finance, accountancy, law and sociology to consider the central question of how financial power works.Global Finance in the New Century: Deregulation and Beyond; L.Assassi, A.Nesvetailova & D.Wigan PART 1 Globalization, Efficient Markets and Arbitrage; D.Mackenzie Financial Derivatives: Bubble or Anchor?; D.Bryan & M.Rafferty Offshore Financial Centres, Hot Money and Hedge Funds: A Network Analysis of International Capital Flows; N.Coates & M.Rafferty Who Derivatives Markets Serve? Rhetoric Vs Reality; S.C.Breger PART 2 The Quiet Panic about Financial Illiteracy; J.Froud, A.Leaver, K.Williams & W.Zhang The Feminization of Pensions? Gender, Political Economy and Defined Contribution Pensions; M.Condon The Alchemy of Banks: The Consumer Credit Industry after Deregulation Central Europe in the EU Embrace; O.Raviv Finance and Management in the Dynamics of Social Change: Contrasting Two Trajectories: United States and France; G.Dum?nil & D.L?vy PART 3 Monetarism in the US: The Development of New Forms of Federal Reserve Control over Banks and Financial Markets; M.Konings The Political Economy of Post-Soviet Offshorisation; K.Haiduk Tax, Subsidies and Profit: Business and the Modern State; R.Palan & R.Murphy Financial Regulation and the War on Terror; M.de Goede Redesigning Financial Regulation; J.Nugee & A.Persaud BibliographySASHA C. BREGER PhD Candidate, Graduate School of International Studies, University of Denver, USADICK BRYAN Associate Professor, University of Sydney, AustraliaNICK COATES Senior Adjunct Researcher UWS and Senior Policy Officer Financial Services, School of Economics and Finance (UWS), University of Western Sydney and Australian Consumers' Association, AustraliaMARY CONDON Associate Professor, Osl/