Jake Wood

Research

Title of Research:

Macroprudential Architectures of the Emerging Capitalist Economies: Re-thinking the Political Economy of Basel III

Brief overview of research topic:

My research re-examines recent debates on the implementation of macroprudential frameworks for financial regulation in the periphery of the international monetary system. Focusing on the Emerging Capitalist Economies of Southeast Asia and their subordinated integration into global finance, I explore how macroprudential policies are deployed to influence capital allocation and de-couple domestic business cycles from global liquidity conditions. This work employs a mixed methods approach, encompassing ML algorithms, panel data econometrics, interviews, and process tracing, aiming to show how subtle divergences from the rules of best practice in macroeconomic policy are facilitated through creative compliance with the Basel III Accord.