The Politicisation of Macroprudential Regulation: the Critical Swedish Case

Belfrage, CA ORCID: 0000-0003-0866-4787 and Kallifatides, Markus (2018) The Politicisation of Macroprudential Regulation: the Critical Swedish Case. Environment and Planning A: Economy and Space, 50 (3). pp. 709-729.

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Abstract

This article explores the prospects of stabilising financialisation in Europe as a spatial-temporal fix for Anglo-American capitalism’s crisis-tendencies (Harvey, 2010; French et al., 2011). We analyse the politics of (countercyclical) macroprudential regulation (MPR) in the critical case study of Sweden. Here, MPR is introduced, in contrast with much of the rest of the EU economies, in a credit boom. We find evidence of an administrative crisis, as technocrats face the political constraints on re-regulating financialised accumulation. This suggests that the conditions are ripe for a deepened administrative crisis in Europe once countercyclical MPR is implemented.

Item Type:	Article
Uncontrolled Keywords:	Europe, financialisation, macroprudential regulation, Sweden
Depositing User:	Symplectic Admin
Date Deposited:	18 Dec 2017 08:58
Last Modified:	19 Jan 2023 06:46
DOI:	10.1177/0308518X17750877
Related URLs:	Author Publisher
URI:	https://livrepository.liverpool.ac.uk/id/eprint/3014322