Jakob Vestergaard Research areas Jakob Vestergaard's research focuses on changing policy norms for economic development and financial stability in the wake of the global financial crisis. Ongoing projects include two studies with Daniela Gabor, on the political economy of Europe s banking and capital markets union and on the governance of shadow money. A different stream of work, conducted with Robert Wade, focuses on post-crisis institutional change in international organizations. Affiliation Vising Fellow London School of Economics London, United Kingdom 1 Jan 2016 30 Apr 2017 Ongoing Research Projects Managing shadow money Vestergaard, J. & Gabor, D. 01/06/2015 30/06/2017 Multilateralism at work: governance reform at the IMF and the World Bank. Global economic governance in flux Vestergaard, J. & Wade, R. 01/01/2015 31/12/2016 The political economy of the European capital markets union (CMU) Vestergaard, J. & Gabor, D. 01/01/2015 31/12/2016 Understanding the politics of resilience: a comparative study of banking in the BRICs Vestergaard, J., Nesvetailova, A. & Lauridsen, T. S. 01/05/2012 31/12/2016 Monographs and edited books Journal articles Still in the Woods: gridlock in the IMF and World Bank puts multilateralism at risk Wade, R. H. & Vestergaard, J. 2015 In : Global Policy. 6, 1, p. 1-12 Why is the IMF at an Impasse, and What Can Be Done about It? Wade, R. H. & Vestergaard, J. 2015 In : Global Policy. 6, 3, p. 290-296 Protecting power: How Western states retain the dominant voice in the World Bank's governance Vestergaard, J. & Wade, R. 2013 In : World Development. 46, p. 153-164
Establishing a new Global Economic Council: governance reform at the G20, the IMF and the World Bank Vestergaard, J. & Wade, R. 2012 In : Global Policy. 3, 3, p. 257-269 The Governance response to the great recession: the "success" of the G20 Vestergaard, J. & Wade, R. 2012 In : Journal of Economic Issues. 46, 2, 481 p. The G20 has served its purpose and should be replaced Vestergaard, J. & Wade, R. 2011 In : Journal of Globalization and Development. 2, 2, 18 p., 10 "More heat than light": on the regulation of international finance Vestergaard, J. 2009 In : economic sociology_the european electronic newsletter. 10, 2, p. 6-10 Book chapters Policy briefs Putting the Capital Markets Union on sustainable foundations Gabor, D. & Vestergaard, J. 10 Oct 2015 Bruxelles: Foundation for Progressive European Studies, (FEPS Policy Brief; No. October, Vol. 2015). Capital markets union: The systemic issues buried deep Vestergaard, J. & Gabor, D. Apr 2015 Bruxelles: Foundation for Progressive European Studies, (FEPS Policy Brief; No. April, Vol. 2015). Trapped in history: the IMF and the US veto Vestergaard, J. & Wade, R. 2015 Copenhagen: Danish Institute for International Studies, 4 p. (DIIS Policy Brief; No. April, Vol. 2015). The West must allow a power shift in international organizations Vestergaard, J. & Wade, R. H. 2014 Copenhagen: Danish Institute for International Studies, 4 p. (DIIS Policy Brief; No. February, Vol. 2014). Creating a global economic council: six easy steps Vestergaard, J. & Wade, R. 2011 Copenhagen: Danish Institute for International Studies, 4 p. (DIIS Policy Brief; No. October, Vol. 2011). The G20 has served its purpose and should be replaced Vestergaard, J. & Wade, R. 2011 Copenhagen: Danish Institute for International Studies, 4 p. (DIIS Policy Brief; No. October, Vol. 2011). Reforming global banking rules Vestergaard, J., Lall, R. & Højland, M. 2010 Copenhagen: Danish Institute for International Studies, 37 p. (DIIS Policy Brief; No. June, Vol. 2010). Beyond 'light touch' regulation of finance Vestergaard, J. 2009 Copenhagen: Danish Institute for International Studies, 4 p. (DIIS Policy Brief; No. November, Vol. 2009). Combating illicit financial flows from poor countries: estimating the possible gains Vestergaard, J. & Højland, M. 2009 Copenhagen: Danish Institute for International Studies, 4 p. (DIIS Policy Brief; No. November, Vol. 2009).
Research reports Working papers Adjusting to multipolarity in the World Bank: ducking and diving, wriggling and squirming Vestergaard, J. & Wade, R. 2011 Copenhagen: Danish Institute for International Studies, 30 p. (DIIS Working Paper; No. 24, Vol. 2011). The new global economic council: Governance reform at the G20, the IMF and the World Bank Vestergaard, J. & Wade, R. 2011 Danish Institute for International Studies, 29 p. (DIIS Working Paper; No. 25, Vol. 2011). 'Crisis? What crisis?': anatomy of the regulatory failure in finance Vestergaard, J. 2008 Copenhagen: Danish Institute for International Studies, 40 p. (DIIS Working Paper; No. 25, Vol. 2008). International Press New institutions can be a force for good governance Vestergaard, J. & Wade, R. 30 Mar 2015 In : Financial Times. New institutions deserve a warmer welcome Wade, R. H. & Vestergaard, J. 4 Nov 2014 In : Financial Times. BRICs bank ought to be welcomed by poorer countries Wade, R. H. & Vestergaard, J. 6 Aug 2014 In : Financial Times. The I.M.F. needs a reset Wade, R. H. & Vestergaard, J. 4 Feb 2014 In : The New York Times. Overhaul the G20 for the sake of the G172 Wade, R. & Vestergaard, J. 21 Oct 2010 In : Financial Times. Essays Europe, its crisis and its leaders: limping ahead, falling behind Vestergaard, J. 5 Oct 2011 Danish Institute for International Studies Old order in a new world: World Bank fails to respond to multipolarity Vestergaard, J. 13 Apr 2011 Danish Institute for International Studies From G20 to Global Economic Council Vestergaard, J. 16 Mar 2011 Danish Institute for International Studies Europe losing influence in the IMF Wade, R. & Vestergaard, J. 5 Oct 2010 Danish Institute for International Studies Obama goes to China: But US economic diplomacy is unlikely to succeed Vestergaard, J. 12 Nov 2009 Danish Institute for International Studies Blog posts Is China causing fragmentation of the post-1945 global financial system?
Vestergaard, J. & Wade, R. 2015 Stress tests now as tough in Europe as in the US? Not exactly Vestergaard, J. 29 Nov 2014 Unpacking Europe s banking stress-tests: German and French banks at the brink of insolvency Vestergaard, J. 20 Nov 2014 European banking misery: pretending rather than mending, does no favours to lending Vestergaard, J. 4 Nov 2014 Russia reeling: Pushing a fragile economy off the cliff? Vestergaard, J. 25 Mar 2014 Brazil's bolero: Can real estate bubble be tamed, without real economy collapse? Vestergaard, J. 17 Mar 2014 Europe's financial transaction tax: Back on the table, but only a shadow of what it was Vestergaard, J. 10 Mar 2014 Macroprudential policy: The new black in central banking Vestergaard, J. 3 Mar 2014 Stuck between a rock and a hard place: The Eurozone blues Vestergaard, J. 23 Feb 2014 Currency turmoil and global economy jitters: The real trouble is China Vestergaard, J. 15 Feb 2014 How to boost the credibility of the International Monetary Fund Vestergaard, J. & Wade, R. 12 Oct 2012 The G20 has served its purpose and should be replaced by a global economic council with a firmer constitutional foundation Vestergaard, J. & Wade, R. 18 Sep 2012 What 'Great Transformation'? Vestergaard, J. 30 Jan 2012 Credit rating firms Vestergaard, J., Persaud, A. & Warmholz, J-L. 2009 Op-eds (in Danish) Vesten klamrer sig til magten i valutafond Vestergaard, J. 11 Apr 2014 In : Jyllands-Posten. Er Ruslands økonomi på vej mod afgrunden? Vestergaard, J. 1 Apr 2014 In : Jyllands-Posten.
Bag valutakursuroen lurer et større problem: Kina Vestergaard, J. 24 Feb 2014 In : Børsen. Op ad bakke for Verdensbanken? Vestergaard, J. 18 Apr 2012 Danish Institute for International Studies Giv os multilateralismen tilbage Vestergaard, J. 17 Nov 2010 In : Information. G20 splittet, udemokratisk og ineffektivt: Giv os multilateralismen tilbage! Vestergaard, J. 12 Nov 2010 Danish Institute for International Studies IMF er godt i gang med at tabe slaget om fremtiden Vestergaard, J. 3 Dec 2009 Danish Institute for International Studies