Bank Culture Debate Ethics, Values, and Financialization in Anglo-America
Produktdetaljer
Biografisk notat
Dr Macartney is Associate Professor in Political Economy at the University of Birmingham. He was previously a Hallsworth Fellow at the University of Manchester, and an ESRC Postdoctoral Fellow at the University of Nottingham. His research focuses on the politics of banking and financial markets and he is the author of two books and numerous journal articles on these topics. His work has been published in internationally-renowned journals such as Review of International Political Economy, West European Politics, and Review of International Studies.This is an impressively scholarly account of an underappreciated aspect of the global financial crisis: whether governments can ever adequately incentivise bank behaviour that does not pose systemic risks. Macartney is guided by his fieldwork findings to argue that even well-intentioned interventions designed to change the culture of systemically important banks are likely to falter in the face of the riches that global financial markets continue to offer. A wonderful, compelling read.
Matthew Watson, Professor of Political Economy, University of Warwick
The Bank Culture Debate marks a significant step forward in our understanding of the crises in Financial services. It shows that the financialisation' of the AngloAmerican model of banking shows a deep structural fault line that a focus on culture and conduct goes only a fraction of the way to address. A must read for anyone wanting to understand both the last crisis... and the next one.
Martin Wheatley, Former Chief Executive of the Financial Conduct Authority