State, Capitalism and Finance in Emerging Markets

Johannes Petry is Postdoctoral Researcher at Goethe University Frankfurt. Andreas Nölke is Professor of Political Science at Goethe University Frankfurt.

Part I





1. Introduction: Subordination, Statecraft and Comparative Capitalism - Johannes Petry & Andreas Nölke


2. Political Economy of International Financial Subordination: From Genesis to Varieties of Financial Statecraft - Ilias Alami


3. International Financial Statecraft: How, Who, and With What Expectations of Success? - Leslie Elliott Armijo





Part 2





4. South African Financial System Innovation and Degradation under Conditions of Extreme Uneven Development - Patrick Bond


5. Brazil in The Global Financial Order: How Domestic Politics Trigger Ambiguous Contestation - Pedro Lange Machado, Luiz Fernando de Paula & Eduardo Mantoan


6. Relaxing the Survival Constraint: India’s Financial Statecraft in Search of Domestic Autonomy - Anush Kapadia & Fathimath Musthaq


7. Seeking Autonomy Beyond Subordination: Chinese Financial Statecraft and the e-CNY - Christopher McNally





Part 3





8. The Role of the State in Subordinate Financialized Capitalism: Comparing Financialisation of Brazilian and Turkish Firms - Annina Kaltenbrunner, Elif Karaçimen & Joel Rabinovich


9. Tools of Subordination and/or Statecraft? A Comparative Analysis of Stock Markets in Large Emerging Markets - Johannes Petry


10. Increasing State Capacity through Central Bank Digital Currencies: A Comparative Account of the Digital Yuan and the Digital Ruble - Roxana Ehlke, Tim Salzer & Carola Westermeier





11. Afterword: The Relevance of Global Capitalism for Studying Statecraft and Financial Subordination - Ingrid Harvold Kvangraven