Skip to content Skip to navigation
University of Warwick
  • Study
  • |
  • Research
  • |
  • Business
  • |
  • Alumni
  • |
  • News
  • |
  • About

University of Warwick
Publications service & WRAP

Highlight your research

  • WRAP
    • Home
    • Search WRAP
    • Browse by Warwick Author
    • Browse WRAP by Year
    • Browse WRAP by Subject
    • Browse WRAP by Department
    • Browse WRAP by Funder
    • Browse Theses by Department
  • Publications Service
    • Home
    • Search Publications Service
    • Browse by Warwick Author
    • Browse Publications service by Year
    • Browse Publications service by Subject
    • Browse Publications service by Department
    • Browse Publications service by Funder
  • Help & Advice
University of Warwick

The Library

  • Login
  • Admin

Off the leash : understanding the dynamics of capital mobility in IPE

Tools
- Tools
+ Tools

Watson, Matthew (2007) Off the leash : understanding the dynamics of capital mobility in IPE. Working Paper. [Manchester]: BISA International Political Economy Group (IPEG). IPEG papers in global political economy (No.31).

[img]
Preview
PDF
WRAP_Watson_ipeg(may07).pdf - Requires a PDF viewer.

Download (188Kb)
Official URL: http://www.bisa-ipeg.org/ipegpapers.htm

Request Changes to record.

Abstract

In this paper I seek to extend much of the writing on capital mobility to be found in the IPE literature by arguing that there are two distinct types of mobility which need to be treated as analytically separable. The tendency in IPE is to think only in terms of ‘international’ capital mobility, which immediately creates the impression that for capital to be mobile it has to move from one country to another. This image conforms to what I call the spatial mobility of capital. However, capital should also be thought of as mobile in those instances in which it is deliberately reinvested in an alternative financial instrument. This is what I call the functional mobility of capital. Recent increases in capital mobility are linked to the institutionalisation of rentier interests within the financial economy, with subsequent implications for the distribution of life chances globally. In order to gain a full understanding of these implications it is necessary to be working with a perspective that recognises the dynamics of both the spatial and the functional mobility of capital.

Item Type: Working or Discussion Paper (Working Paper)
Subjects: H Social Sciences > HG Finance
H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences > Politics and International Studies
Library of Congress Subject Headings (LCSH): Capital movements, Economics -- Political aspects, International economic relations, Rent (Economic theory)
Series Name: IPEG papers in global political economy
Publisher: BISA International Political Economy Group (IPEG)
Place of Publication: [Manchester]
Official Date: July 2007
Dates:
DateEvent
July 2007Published
Number: No.31
Number of Pages: 33
Status: Not Peer Reviewed
Access rights to Published version: Open Access

Request changes or add full text files to a record

Repository staff actions (login required)

View Item View Item

Downloads

Downloads per month over past year

View more statistics

twitter

Email us: wrap@warwick.ac.uk
Contact Details
About Us