This special issue argues that to make sense of the increased prominence of central banks
after the 2008 financial crisis and COVID-19 pandemic requires interrogating the sources of …

A bold history of the rise of central banks, showing how institutions designed to steady the
ship of global finance have instead become as destabilizing as they are dominant. While …

This chapter is concerned with the economic and political connections between the
institutionalization of central bank dominance and the rise and resilience of shadow …

How do central bankers cope with the uncomfortable fact that there are significant limits to
their expertise without losing authority? Drawing on Steve Rayner's concept of …

Abstract The European Central Bank's (ECB) market-based treatment of government debt
was an important cause of the 2010–2012 eurozone crisis. This article analyses the political …

Starting with a landmark speech by Mark Carney on the 'Tragedy of the Horizon'in 2015,
climate change entered central banking discourse, causing some of its key convictions to …

International political economy (IPE) has explained financial globalization as the result of
states deciding to open up and liberalize domestic financial systems. Complementing this …

Post-crisis, central banks were encouraged to intervene against the cyclical build up of
systemic risks in the financial system, a mandate which contravened previous conceptions of …

The 2008 financial crisis saw central banks introduce a variety of tools to shore up the
financial system, including unconventional measures that made use of central bank balance …

This paper argues that 'spatial monetary policy'may be needed to achieve more territorially
balanced economic development. Central banks have been key in fostering financialised …