Changing policy norms for economic development and financial stability in the wake of the global financial crisis; reform of the governance of international organization.

Jakob Vestergaard is an associate professor ar Roskilde. Previously, he was senior researcher at the Danish Institute for International Studies (DIIS). He holds a PhD in international political economy of finance from Copenhagen Business School and a post-doc from London School of Economics. Since then, he has published on post-crisis banking regulation, governance reforms in the IMF and the World Bank, and eurozone governance. His publications include Discipline in the Global Economy? International Finance and the End of Liberalism (Routledge, 2009) and Central Banking at a Crossroads (Anthem Press, 2014), a co-edited book with Charles Goodhart, Daniela Gabor, and Ismail Erturk.

By this expert

Why the World Bank’s Governance Reform Is Stuck – and How to Break the Stalemate

Article | Sep 29, 2025

We examine the World Bank’s protracted and conflicted attempts at shareholding reform from 2008 to the present, situating them within the broader context of multipolarity and intensifying geopolitical rivalries.

How Western states keep the lead in the World Bank: Multipolarity, Geopolitics and the World Bank’s Conflicted Attempts at Shareholding Reform

Paper Working Paper | | Sep 2025

This paper examines the World Bank’s protracted and conflicted attempts at shareholding reform from 2008 to the present, situating them within the broader context of multipolarity and intensifying geopolitical rivalries.

What A Green Monetary Policy Could Look Like

Article | Jul 12, 2022

Central banks can encourage climate-friendly investments by offering financial institutions favorable haircuts on green collateral

Monetary Policy for the Climate? A Money View Perspective on Green Central Banking

Paper Working Paper Series | | Jul 2022

Central banks can encourage climate-friendly investments by offering financial institutions favorable haircuts on green collateral