Johannes Petry
Biographic Data
| ID | 316287 |
|---|---|
| NAME | Johannes Petry |
| GIVEN NAMES | Johannes |
| FAMILY NAME | Petry |
| SIGNATURE | PETRY J |
| AFFILIATIONS | Goethe University Frankfurt |
| ORCID | 0000-0003-0054-7623 |
| VERIFIED | Yes |
| TOTAL WORKS | 16 |
| TOTAL CITATIONS | 138 |
| AUTHOR COUNT | 16 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2019 |
| LATEST PUBLICATION YEAR | 2026 |
| H-INDEX | 6 |
Susan K sell best reviewer award
The Review of International Political Economy introduced a best reviewer award in 2023, named in the honor of the late Susan Sell. Susan was a former member of RIPE’s editorial advisory board, and
Timothy Sinclair Best Article Award
The Review of International Political Economy introduced a new Best Article Award in 2023, named after the late Timothy Sinclair. Tim’s work influenced how the field of IPE understands the sociolog
Dollar Diminished: The Unmaking of US Financial Hegemony Under Trump
The actions of the second Trump administration pose a serious threat to the dominance of the US dollar. Erratic US policies erode global trust in the United States and force states and private actors alike to reconsider their reliance on the dollar. This is reflected across three dimensions of dollar dominance: in trade and payments, as reserve currency and safe asset, and as global investment and funding currency. What distinguishes the current …
China's quest for pricing power: Financial hierarchy, autonomy and commodity futures markets
Commodities are crucial for understanding China's economic rise, but the financial aspects of commodity markets are often neglected in existing debates. However, commodity prices are increasingly determined through trading in futures markets. Historically, most commodity benchmarks were traded on futures exchanges in New York, Chicago and London (the infrastructural component of commodity pricing), dominated by Anglo-American financial institutio…
How does the rise of Asia reshape international financial affairs
The rules, norms and procedures that govern contemporary cross-border money and finance were put in place by western powers after the end of the Bretton Woods era. The recent rise of novel, often state-linked, Asian financial actors and practices poses questions for the continued centrality of liberal and free-market ideas in global finance. This special section asks: how do Asian financial actors integrate into the global financial system? Do th…
Wall Street in China: The Malleability of Global Finance in the Age of Geopolitics
From Adorno to 50 Cent: Financialized platform capitalism, Spotify, and the culture industry in the twenty-first century
Does music sound all the same nowadays? This article revives the Frankfurt School's critique of the culture industry by recontextualizing it within contemporary financialized platform capitalism. We argue that Digital Streaming Platforms (DSPs) like Spotify showcase the proliferation of the future-oriented asset logic inherent to both financialization and platformization. This process intensifies the standardization of music that was first recogn…
Contesting China’s Developing Country Status: Geoeconomics and the Public–Private Divide in Global Economic Governance
The geopolitical rise of emerging economies has led to contestations and renegotiations of the boundaries of the developing country status. Established powers put pressure on emerging economies to give up this status and the benefits it comes with in global regimes. In this article, we analyse the (re)negotiation of China’s developing country status within the context of US–China geoeconomic competition with respect to two core areas in the globa…
What about the dragon in the room? Incorporating China into international political economy (IPE) teaching
In recent years, IPE research has increasingly tried to better understand the nature and implications of China’s rise in a changing global landscape. However, in IPE teaching, China is often treated as an afterthought to a familiar transatlantic story. IPE students thereby are not adequately prepared to explain important developments in the 21st-century global economy, their underlying causes, mechanisms and particularities. This article provides…
East Asia and the politics of global finance: A developmental challenge to the neoliberal consensus
Recent IPE scholarship locates the key dynamics of financial globalization in two areas: public money flows between the US and Asia, or private banking flows between the US and Europe. This dichotomy presents the globalization of private finance as firmly anchored within transatlantic, neoliberal financial norms. We argue that this creates a blind spot regarding the growing role of East Asian finance within the global financial system. Combining …
Beyond ports, roads and railways: Chinese economic statecraft, the Belt and Road Initiative and the politics of financial infrastructures
Scholars have focused on how the Belt and Road Initiative (BRI) facilitates Chinese economic statecraft and its likely impact on the global order. A common thread thereby is how connectivity through China’s construction of physical infrastructures (e.g. ports, roads, railways) represents a source of power. However, such a focus on physical infrastructures obscures the importance of BRI-related financial infrastructures. Addressing this gap, this …
State capitalism and capital markets: Comparing securities exchanges in emerging markets
Finance plays a major role in discussions about state capitalism in emerging markets, but the focus has so far been on banks. Capital markets have been neglected. Moreover, findings from the growing literature on financialization in emerging markets indicate that in some cases there is increasing state involvement in the development and functioning of capital markets. Hence, the relationship between the state and finance in these economies may be…
From National Marketplaces to Global Providers of Financial Infrastructures: Exchanges, Infrastructures and Structural Power in Global Finance
This paper analyses the role of (stock and derivative) exchanges as powerful actors in global finance. While most IPE accounts of exchanges analyse ‘exchanges as marketplaces’ and focus on equity market trading, they miss how exchanges have fundamentally transformed in the last 25 years. Through marketisation, internationalisation and digitisation, the business model of exchanges has fundamentally changed and led to the emergence of global exchan…
Critical macro-finance: An introduction
Critical macro-finance (CMF) has become an influential avenue of research aimed at shedding light on how the global payments system is governed. In the introduction to this special forum on CMF, we explore three main themes: (1) the intellectual lineage of CMF and its relation to financialisation studies; (2) the policy relevance of CMF; and (3) its 'critical' position
Financialization with Chinese characteristics? Exchanges, control and capital markets in authoritarian capitalism
A growing body of research has analysed the variegation of financialization processes and the role of states as important actors therein. Contributing to this literature, this paper argues that more than important actors facilitating financialization, states can also (partially) exert control over, actively manage and shape financialization. In the context of China’s variegated financialization process, this paper analyses the crucial role of sec…
Steering capital: The growing private authority of index providers in the age of passive asset management
Since the global financial crisis, there is a massive shift of assets towards index funds. Rather than picking stocks, index funds replicate stock indices such as the S&P 500. But where do these indices actually come from? This paper analyzes the politico-economic role of index providers, a small group of highly profitable firms including MSCI, S&P DJI, and FTSE Russell, and develops a research agenda from an IPE perspective. We argue that these …
Financialization with Chinese characteristics? Exchanges, control and capital markets in authoritarian capitalism
A growing body of research has analysed the variegation of financialization processes and the role of states as important actors therein. Contributing to this literature, this paper argues that more than important actors facilitating financialization, states can also (partially) exert control over, actively manage and shape financialization. In the context of China’s variegated financialization process, this paper analyses the crucial role of sec…
From National Marketplaces to Global Providers of Financial Infrastructures: Exchanges, Infrastructures and Structural Power in Global Finance
This paper analyses the role of (stock and derivative) exchanges as powerful actors in global finance. While most IPE accounts of exchanges analyse ‘exchanges as marketplaces’ and focus on equity market trading, they miss how exchanges have fundamentally transformed in the last 25 years. Through marketisation, internationalisation and digitisation, the business model of exchanges has fundamentally changed and led to the emergence of global exchan…
Steering capital: The growing private authority of index providers in the age of passive asset management
Since the global financial crisis, there is a massive shift of assets towards index funds. Rather than picking stocks, index funds replicate stock indices such as the S&P 500. But where do these indices actually come from? This paper analyzes the politico-economic role of index providers, a small group of highly profitable firms including MSCI, S&P DJI, and FTSE Russell, and develops a research agenda from an IPE perspective. We argue that these …
Critical macro-finance: An introduction
Critical macro-finance (CMF) has become an influential avenue of research aimed at shedding light on how the global payments system is governed. In the introduction to this special forum on CMF, we explore three main themes: (1) the intellectual lineage of CMF and its relation to financialisation studies; (2) the policy relevance of CMF; and (3) its 'critical' position
Beyond ports, roads and railways: Chinese economic statecraft, the Belt and Road Initiative and the politics of financial infrastructures
Scholars have focused on how the Belt and Road Initiative (BRI) facilitates Chinese economic statecraft and its likely impact on the global order. A common thread thereby is how connectivity through China’s construction of physical infrastructures (e.g. ports, roads, railways) represents a source of power. However, such a focus on physical infrastructures obscures the importance of BRI-related financial infrastructures. Addressing this gap, this …
State capitalism and capital markets: Comparing securities exchanges in emerging markets
Finance plays a major role in discussions about state capitalism in emerging markets, but the focus has so far been on banks. Capital markets have been neglected. Moreover, findings from the growing literature on financialization in emerging markets indicate that in some cases there is increasing state involvement in the development and functioning of capital markets. Hence, the relationship between the state and finance in these economies may be…
Wall Street in China: The Malleability of Global Finance in the Age of Geopolitics
East Asia and the politics of global finance: A developmental challenge to the neoliberal consensus
Recent IPE scholarship locates the key dynamics of financial globalization in two areas: public money flows between the US and Asia, or private banking flows between the US and Europe. This dichotomy presents the globalization of private finance as firmly anchored within transatlantic, neoliberal financial norms. We argue that this creates a blind spot regarding the growing role of East Asian finance within the global financial system. Combining …
What about the dragon in the room? Incorporating China into international political economy (IPE) teaching
In recent years, IPE research has increasingly tried to better understand the nature and implications of China’s rise in a changing global landscape. However, in IPE teaching, China is often treated as an afterthought to a familiar transatlantic story. IPE students thereby are not adequately prepared to explain important developments in the 21st-century global economy, their underlying causes, mechanisms and particularities. This article provides…
Steering capital: The growing private authority of index providers in the age of passive asset management
Since the global financial crisis, there is a massive shift of assets towards index funds. Rather than picking stocks, index funds replicate stock indices such as the S&P 500. But where do these indices actually come from? This paper analyzes the politico-economic role of index providers, a small group of highly profitable firms including MSCI, S&P DJI, and FTSE Russell, and develops a research agenda from an IPE perspective. We argue that these …
From National Marketplaces to Global Providers of Financial Infrastructures: Exchanges, Infrastructures and Structural Power in Global Finance
This paper analyses the role of (stock and derivative) exchanges as powerful actors in global finance. While most IPE accounts of exchanges analyse ‘exchanges as marketplaces’ and focus on equity market trading, they miss how exchanges have fundamentally transformed in the last 25 years. Through marketisation, internationalisation and digitisation, the business model of exchanges has fundamentally changed and led to the emergence of global exchan…
Critical macro-finance: An introduction
Critical macro-finance (CMF) has become an influential avenue of research aimed at shedding light on how the global payments system is governed. In the introduction to this special forum on CMF, we explore three main themes: (1) the intellectual lineage of CMF and its relation to financialisation studies; (2) the policy relevance of CMF; and (3) its 'critical' position
Financialization with Chinese characteristics? Exchanges, control and capital markets in authoritarian capitalism
A growing body of research has analysed the variegation of financialization processes and the role of states as important actors therein. Contributing to this literature, this paper argues that more than important actors facilitating financialization, states can also (partially) exert control over, actively manage and shape financialization. In the context of China’s variegated financialization process, this paper analyses the crucial role of sec…
What about the dragon in the room? Incorporating China into international political economy (IPE) teaching
In recent years, IPE research has increasingly tried to better understand the nature and implications of China’s rise in a changing global landscape. However, in IPE teaching, China is often treated as an afterthought to a familiar transatlantic story. IPE students thereby are not adequately prepared to explain important developments in the 21st-century global economy, their underlying causes, mechanisms and particularities. This article provides…
East Asia and the politics of global finance: A developmental challenge to the neoliberal consensus
Recent IPE scholarship locates the key dynamics of financial globalization in two areas: public money flows between the US and Asia, or private banking flows between the US and Europe. This dichotomy presents the globalization of private finance as firmly anchored within transatlantic, neoliberal financial norms. We argue that this creates a blind spot regarding the growing role of East Asian finance within the global financial system. Combining …
Beyond ports, roads and railways: Chinese economic statecraft, the Belt and Road Initiative and the politics of financial infrastructures
Scholars have focused on how the Belt and Road Initiative (BRI) facilitates Chinese economic statecraft and its likely impact on the global order. A common thread thereby is how connectivity through China’s construction of physical infrastructures (e.g. ports, roads, railways) represents a source of power. However, such a focus on physical infrastructures obscures the importance of BRI-related financial infrastructures. Addressing this gap, this …
State capitalism and capital markets: Comparing securities exchanges in emerging markets
Finance plays a major role in discussions about state capitalism in emerging markets, but the focus has so far been on banks. Capital markets have been neglected. Moreover, findings from the growing literature on financialization in emerging markets indicate that in some cases there is increasing state involvement in the development and functioning of capital markets. Hence, the relationship between the state and finance in these economies may be…
Contesting China’s Developing Country Status: Geoeconomics and the Public–Private Divide in Global Economic Governance
The geopolitical rise of emerging economies has led to contestations and renegotiations of the boundaries of the developing country status. Established powers put pressure on emerging economies to give up this status and the benefits it comes with in global regimes. In this article, we analyse the (re)negotiation of China’s developing country status within the context of US–China geoeconomic competition with respect to two core areas in the globa…
Dollar Diminished: The Unmaking of US Financial Hegemony Under Trump
The actions of the second Trump administration pose a serious threat to the dominance of the US dollar. Erratic US policies erode global trust in the United States and force states and private actors alike to reconsider their reliance on the dollar. This is reflected across three dimensions of dollar dominance: in trade and payments, as reserve currency and safe asset, and as global investment and funding currency. What distinguishes the current …
China's quest for pricing power: Financial hierarchy, autonomy and commodity futures markets
Commodities are crucial for understanding China's economic rise, but the financial aspects of commodity markets are often neglected in existing debates. However, commodity prices are increasingly determined through trading in futures markets. Historically, most commodity benchmarks were traded on futures exchanges in New York, Chicago and London (the infrastructural component of commodity pricing), dominated by Anglo-American financial institutio…
How does the rise of Asia reshape international financial affairs
The rules, norms and procedures that govern contemporary cross-border money and finance were put in place by western powers after the end of the Bretton Woods era. The recent rise of novel, often state-linked, Asian financial actors and practices poses questions for the continued centrality of liberal and free-market ideas in global finance. This special section asks: how do Asian financial actors integrate into the global financial system? Do th…
Wall Street in China: The Malleability of Global Finance in the Age of Geopolitics
From Adorno to 50 Cent: Financialized platform capitalism, Spotify, and the culture industry in the twenty-first century
Does music sound all the same nowadays? This article revives the Frankfurt School's critique of the culture industry by recontextualizing it within contemporary financialized platform capitalism. We argue that Digital Streaming Platforms (DSPs) like Spotify showcase the proliferation of the future-oriented asset logic inherent to both financialization and platformization. This process intensifies the standardization of music that was first recogn…
Susan K sell best reviewer award
The Review of International Political Economy introduced a best reviewer award in 2023, named in the honor of the late Susan Sell. Susan was a former member of RIPE’s editorial advisory board, and
Timothy Sinclair Best Article Award
The Review of International Political Economy introduced a new Best Article Award in 2023, named after the late Timothy Sinclair. Tim’s work influenced how the field of IPE understands the sociolog
Economics (10 works) · Political science (9 works) · Housing, Finance, and Neoliberalism (8 works) · Politics (8 works) · China (7 works) · Finance (7 works) · Market economy (5 works) · Business (4 works) · Economic system (4 works) · Financial market (4 works)