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.
- Leader of Managing Shadow Money
By this expert
Struggles over shadow money today echo 19th century struggles over bank deposits.
What does the rise of shadow banking mean for monetary theory and practice? (How) should we change our traditional theories of money to capture the complex practices through which money is created in modern financial systems?