Inclusive Finance & Money
Inclusive Finance and Money
Domain Leader: Professor Jane Pollard
The 2008 financial crisis was a massive shake-up of the established economic order, generating challenges around the governance, mission and innovative capacity of finance and its geographies. As US and UK institutions deemed ‘too big to fail’ exposed the limits of orthodox economic ideas about ‘markets’ and their capacity to discipline economic agents, key debates for this Domain concern the governance of finance, as well as the (assumed) centrality of nation states and central banks in managing and restoring confidence in financial markets and institutions. As such, the Domain engages with a host of issues around:
- the social and economic mission of finance
- the role of finance as ‘master’ or ‘servant’ of productive capital in the ‘real’ economy
- financialisation as exclusion, and
- the scope for building socially useful financial products and capacities.