Dr Anastasia Nesvetailova is Reader in International Political Economy at City University London and Director of City Political Economy Research Centre (CITYPERC). Her publications include Fragile Finance: Debt, Speculation and Crisis in the Age of Global Credit (2007, Palgrave) and Financial Alchemy in Crisis: The Great Liquidity Illusion (2010, Pluto).
Published in: openDemocracyUKShadow banking, or why black holes are important in the global financial system
The shadow banking sector is now integral to the global financial system. Its architects are constantly seeking to...