On 12-14 July, we organised the first StateCapFinance workshop at Goethe University. For this workshop, we invited all our global cooperation partners to Frankfurt with the idea to discuss our ongoing work that explores the multifaceted relationship between financial markets and the state in emerging markets – which in part substantially deviates from the ‘liberal’ norms of how Western finance is organised but also including similarities and differences across countries and economic sectors.

12 July 2022
registration (coffee)
introduction: aims and objectives of this workshop
session 1 – StateCapFinance

presentation & discussion of the project
Andreas Nölke & Johannes Petry (Goethe University Frankfurt)
dinner (GIOIA – Freude am Essen, off campus)
13 July 2022
session 2 – China, finance and statecraft

Chinese financial statecraft and the e-CNY
Christopher McNally (Chaminade University)

Platform capitalism & Chinese fintech users
Jing Wang (NYU Shanghai)
coffee break
session 3 – State-finance interactions in Africa

South Africa’s financial system evolution within an exceptional socio-economic-ecological crisis
Patrick Bond (University of Johannesburg)

The state as risk-sharer: China’s development-oriented equity investment in Africa
Muyang Chen (Peking University)
lunch (Vetro Vero, off campus)
session 4 – Finance and emerging market corporations

The Role of the State in Subordinate Financialised Capitalism: Insights from Brazil & Turkey
Elif Karacimen (Recep Tayyip Erdogan University) & Annina Kaltenbrunner (Leeds University)

Comparative financial performance analysis of SOEs in BRICSS
Alexander Abramov & Maria Chernova (Russian Presidential Academy of National Economy and Public Administration)
coffee break
session 5 – state-finance interactions in Brazil and Russia

Financialization, credit rating agencies and policy space constraint: the Brazilian experience
(Pedro Lange & Luiz Fernando de Paula (Federal University of Rio de Janeiro)

Russian financial markets after February 2022: de-globalization, infrastructure issues and currency markets
Ilja Viktorov (University of Stockholm)
dinner (Gasthaus zur Sonne, off campus)
14 July 2022
session 6 – Finance & state capitalism in comparative perspective

Fiscal and Economic Responses during the COVID-19 Crisis: Is Asian state-led capitalism winning?
Nancy Kim & Thomas Kalinowski (Ewha Womens University)

The BRICS and the liberal global financial order: liberalism contested?
Andreas Nölke & (Johannes Petry) (Goethe University Frankfurt)
coffee break
conclusion & next steps
lunch (Sturm & Drang, on campus)