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Global Political Economy

Global Political Economy (7th edn)

Erin Hannah and John Ravenhill
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date: 10 September 2024

p. 23110. Global Finance and the Everydaylocked

p. 23110. Global Finance and the Everydaylocked

  • Clarke Chris
  •  and Roberts Adrienne

Abstract

This work uses ‘the everyday’ as a lens to explore the worlds of finance, debt and money. It offers a ‘bottom up’ perspective on broader structural trends in the world economy, showing both how these affect the day-to-day experiences of individuals and households, and how everyday financial practices are constitutive of the world economy. The work uses debt and money as entry points for this discussion. It discusses how and why households have come to rely on debt as part of everyday life and shows how debt reliance has unequal consequences. It also surveys the use of money by ordinary people and the everyday political economy of monetary governance.

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