The evolving politics of banking crises

A seminar on the International Political Economy of Finance with Andrew Walter, Professor of International Relations, University of Melbourne
Chaired by Emily Jones, Associate Professor.

Eight years ago, turmoil in American and European financial markets triggered a global crisis, wiping out household savings, causing recession and sharply rising unemployment around the world. The political repercussions of the global financial crisis are still felt today. But how have the politics of banking crises changed over the long run? This talk explores how the emergence of voters’ “great expectations” after the 1930s concerning financial crisis prevention and mitigation reshaped the politics of banking crises in democratic countries. These changing expectations have interacted with institutional variations across democratic countries to reshape political outcomes in the aftermath of banking crises.

In this seminar Andrew Walter, Director of the Melbourne School of Government and Professor of International Relations at the University of Melbourne, will present his research on the long-term political repercussions of the global financial crisis, undertaken with Professor Jeffrey Chwieroth of LSE.

Professor Andrew Walter is Interim Director of the Melbourne School of Government and Professor of International Relations in the School of Social and Political Sciences, University of Melbourne. He specializes in the political economy of international money and finance, including their governance among and within countries. Prior to his assignment at the University of Melbourne, he held positions at the London School of Economics, the Council of Chatham House, and University of Oxford (St. Antony’s College).

Lunch included. Please register to attend.