Thomas Marois
Biographic Data
| ID | 155684 |
|---|---|
| NAME | Thomas Marois |
| GIVEN NAMES | Thomas |
| FAMILY NAME | Marois |
| SIGNATURE | MAROIS T |
| AFFILIATIONS | University of London |
| ORCID | 0000-0003-0057-3987 |
| VERIFIED | Yes |
| TOTAL WORKS | 11 |
| TOTAL CITATIONS | 64 |
| AUTHOR COUNT | 10 |
| EDITOR COUNT | 1 |
| FIRST PUBLICATION YEAR | 2005 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 5 |
Public Banks and Public Purpose: From Pandemic Responses to Future Climate Prospects
Public Development Banks as Essential Infrastructure: Covid, the KfW, and Public Purpose
The sudden impact of the Covid-19 global pandemic threw societies into crisis, with their capacity to respond effectively dependent on existing public infrastructure.This article examines the case of Germany and its large public development bank, the KfW, during the pandemic.This paper argues that the KfW's pandemic responses substantiate the bank as 'essential public infrastructure' and, moreover, as one that can function according to public pur…
Public Banks, Public Purpose, and Early Actions in the Face of Covid-19
With the outbreak of the global Covid-19 pandemic and associated lockdowns, economic activity came to a grinding halt as demands for financial support in health, business, and government skyrocketed. In spring 2020 we assembled a team of experts to conduct rapid response research on how public banks worldwide responded to the Covid-19 crisis. The team employed case study methods to examine cases in the global north and south. A synthesis of our f…
A Dynamic Theory of Public Banks (and Why it Matters)
Public banks are pervasive, with more than 900 worldwide, and powerful, having assets nearing $49 trillion. Yet they are too often perceived as static financial institutions, based on economic theories that begin from fixed notions of what it is to be a publicly owned bank. This has given rise to polarized debate wherein public banks are characterized as being either essentially good or bad. This is unrealistic and unhelpful as we seek ways to co…
Credibility and class in the evolution of public banks: The case of Turkey
In Turkey, three large and decades-old public banks control about a third of the banking sector. These banks were functional to capitalist industrialization in the postwar era and have evolved spontaneously in ways supportive of neoliberalism. These same banks played a key role in stabilizing Turkey amidst the 2008-2009 global crisis. This gives rise to the seeming contradiction of public banks supporting otherwise neoliberal development strategi…
Polarizing Development: Alternatives to Neoliberalism and the Crisis
Polarizing Development: Alternatives to Neoliberalism and the Crisis
This book is the result of a collaborative research project that started in 2011 with a debate on the theoretical premises of development studies. after initially attempting, but ultimately failing, to organise a research seminar that involved both marxist and new developmentalist scholars, we thought it more productive to focus on clarifying our own marxian-inspired approach to development. this opportunity seemed especially important. ten years…
Capital Fixity and Mobility in Response to the 2008–09 Crisis: Variegated Neoliberalism in Mexico and Turkey
This paper examines the responses to the 2008–09 global financial crisis in Mexico and Turkey as examples of variegated neoliberalism. The simultaneous interests of corporations and banks in the national fixing of capital and their mobility in the form of global investment heavily influenced these states' policy responses to the crisis at the expense of the interests of the poor, workers, and peasantry. Rather than pitching this as evidence of ei…
Emerging market bank rescues in an era of finance-led neoliberalism: A comparison of Mexico and Turkey
The international community and many financial experts have singled out the positive elements of how strong institutional reforms following Mexico’s 1995 and Turkey’s 2001 banking crisis have shielded their banking sectors to- day from the wider economic impact of the world financial crisis. By contrast, this article argues from a historical materialist analytical approach that the 1995 and 2001 bank rescues and reforms preserved, renewed, and in…
The 1982 Mexican Bank Statization and Unintended Consequences for the Emergence of Neoliberalism
The 1982 Mexican presidential decision to statize all domestic commercial banks was meant to reset state bank capital relations and salvage some form of state-led capitalism. However, bank statization had the counterintuitive and ultimately unintended consequence of enabling a more rapid transition to neoliberalism, financialization and market-led capitalism than otherwise may have been possible. The implications of this are profound as alternati…
From Economic Crisis to a 'State' of Crisis: The Emergence of Neoliberalism in Costa Rica
The following study is concerned with understanding the emergence of neoliberalism in Costa Rica since the apex of the debt crisis in 1982 to present from a historical materialist analytical framework. My particular framework is concerned with the centrality of social classes and the role of state in defining and shaping class conflict and the effects of historical class conflict on the state through changes in the social relations of production …
Credibility and class in the evolution of public banks: The case of Turkey
In Turkey, three large and decades-old public banks control about a third of the banking sector. These banks were functional to capitalist industrialization in the postwar era and have evolved spontaneously in ways supportive of neoliberalism. These same banks played a key role in stabilizing Turkey amidst the 2008-2009 global crisis. This gives rise to the seeming contradiction of public banks supporting otherwise neoliberal development strategi…
A Dynamic Theory of Public Banks (and Why it Matters)
Public banks are pervasive, with more than 900 worldwide, and powerful, having assets nearing $49 trillion. Yet they are too often perceived as static financial institutions, based on economic theories that begin from fixed notions of what it is to be a publicly owned bank. This has given rise to polarized debate wherein public banks are characterized as being either essentially good or bad. This is unrealistic and unhelpful as we seek ways to co…
Emerging market bank rescues in an era of finance-led neoliberalism: A comparison of Mexico and Turkey
The international community and many financial experts have singled out the positive elements of how strong institutional reforms following Mexico’s 1995 and Turkey’s 2001 banking crisis have shielded their banking sectors to- day from the wider economic impact of the world financial crisis. By contrast, this article argues from a historical materialist analytical approach that the 1995 and 2001 bank rescues and reforms preserved, renewed, and in…
Public Banks, Public Purpose, and Early Actions in the Face of Covid-19
With the outbreak of the global Covid-19 pandemic and associated lockdowns, economic activity came to a grinding halt as demands for financial support in health, business, and government skyrocketed. In spring 2020 we assembled a team of experts to conduct rapid response research on how public banks worldwide responded to the Covid-19 crisis. The team employed case study methods to examine cases in the global north and south. A synthesis of our f…
Capital Fixity and Mobility in Response to the 2008–09 Crisis: Variegated Neoliberalism in Mexico and Turkey
This paper examines the responses to the 2008–09 global financial crisis in Mexico and Turkey as examples of variegated neoliberalism. The simultaneous interests of corporations and banks in the national fixing of capital and their mobility in the form of global investment heavily influenced these states' policy responses to the crisis at the expense of the interests of the poor, workers, and peasantry. Rather than pitching this as evidence of ei…
The 1982 Mexican Bank Statization and Unintended Consequences for the Emergence of Neoliberalism
The 1982 Mexican presidential decision to statize all domestic commercial banks was meant to reset state bank capital relations and salvage some form of state-led capitalism. However, bank statization had the counterintuitive and ultimately unintended consequence of enabling a more rapid transition to neoliberalism, financialization and market-led capitalism than otherwise may have been possible. The implications of this are profound as alternati…
From Economic Crisis to a 'State' of Crisis: The Emergence of Neoliberalism in Costa Rica
The following study is concerned with understanding the emergence of neoliberalism in Costa Rica since the apex of the debt crisis in 1982 to present from a historical materialist analytical framework. My particular framework is concerned with the centrality of social classes and the role of state in defining and shaping class conflict and the effects of historical class conflict on the state through changes in the social relations of production …
From Economic Crisis to a 'State' of Crisis: The Emergence of Neoliberalism in Costa Rica
The following study is concerned with understanding the emergence of neoliberalism in Costa Rica since the apex of the debt crisis in 1982 to present from a historical materialist analytical framework. My particular framework is concerned with the centrality of social classes and the role of state in defining and shaping class conflict and the effects of historical class conflict on the state through changes in the social relations of production …
The 1982 Mexican Bank Statization and Unintended Consequences for the Emergence of Neoliberalism
The 1982 Mexican presidential decision to statize all domestic commercial banks was meant to reset state bank capital relations and salvage some form of state-led capitalism. However, bank statization had the counterintuitive and ultimately unintended consequence of enabling a more rapid transition to neoliberalism, financialization and market-led capitalism than otherwise may have been possible. The implications of this are profound as alternati…
Emerging market bank rescues in an era of finance-led neoliberalism: A comparison of Mexico and Turkey
The international community and many financial experts have singled out the positive elements of how strong institutional reforms following Mexico’s 1995 and Turkey’s 2001 banking crisis have shielded their banking sectors to- day from the wider economic impact of the world financial crisis. By contrast, this article argues from a historical materialist analytical approach that the 1995 and 2001 bank rescues and reforms preserved, renewed, and in…
Polarizing Development: Alternatives to Neoliberalism and the Crisis
Polarizing Development: Alternatives to Neoliberalism and the Crisis
This book is the result of a collaborative research project that started in 2011 with a debate on the theoretical premises of development studies. after initially attempting, but ultimately failing, to organise a research seminar that involved both marxist and new developmentalist scholars, we thought it more productive to focus on clarifying our own marxian-inspired approach to development. this opportunity seemed especially important. ten years…
Capital Fixity and Mobility in Response to the 2008–09 Crisis: Variegated Neoliberalism in Mexico and Turkey
This paper examines the responses to the 2008–09 global financial crisis in Mexico and Turkey as examples of variegated neoliberalism. The simultaneous interests of corporations and banks in the national fixing of capital and their mobility in the form of global investment heavily influenced these states' policy responses to the crisis at the expense of the interests of the poor, workers, and peasantry. Rather than pitching this as evidence of ei…
Credibility and class in the evolution of public banks: The case of Turkey
In Turkey, three large and decades-old public banks control about a third of the banking sector. These banks were functional to capitalist industrialization in the postwar era and have evolved spontaneously in ways supportive of neoliberalism. These same banks played a key role in stabilizing Turkey amidst the 2008-2009 global crisis. This gives rise to the seeming contradiction of public banks supporting otherwise neoliberal development strategi…
A Dynamic Theory of Public Banks (and Why it Matters)
Public banks are pervasive, with more than 900 worldwide, and powerful, having assets nearing $49 trillion. Yet they are too often perceived as static financial institutions, based on economic theories that begin from fixed notions of what it is to be a publicly owned bank. This has given rise to polarized debate wherein public banks are characterized as being either essentially good or bad. This is unrealistic and unhelpful as we seek ways to co…
Public Banks, Public Purpose, and Early Actions in the Face of Covid-19
With the outbreak of the global Covid-19 pandemic and associated lockdowns, economic activity came to a grinding halt as demands for financial support in health, business, and government skyrocketed. In spring 2020 we assembled a team of experts to conduct rapid response research on how public banks worldwide responded to the Covid-19 crisis. The team employed case study methods to examine cases in the global north and south. A synthesis of our f…
Public Banks and Public Purpose: From Pandemic Responses to Future Climate Prospects
Public Development Banks as Essential Infrastructure: Covid, the KfW, and Public Purpose
The sudden impact of the Covid-19 global pandemic threw societies into crisis, with their capacity to respond effectively dependent on existing public infrastructure.This article examines the case of Germany and its large public development bank, the KfW, during the pandemic.This paper argues that the KfW's pandemic responses substantiate the bank as 'essential public infrastructure' and, moreover, as one that can function according to public pur…
Economics (9 works) · Political science (8 works) · Political economy (7 works) · Law (6 works) · Banking stability, regulation, efficiency (5 works) · Economic Theory and Policy (5 works) · Housing, Finance, and Neoliberalism (5 works) · Law (5 works) · Neoliberalism (international relations (5 works) · Economic system (4 works)