{"id":"https://openalex.org/W2080657151","doi":"https://doi.org/10.1080/13563460903553673","title":"Credit Risk Transfer and Crunches: Global Finance Victorious or Vanquished?","display_name":"Credit Risk Transfer and Crunches: Global Finance Victorious or Vanquished?","publication_year":2010,"publication_date":"2010-03-01","ids":{"openalex":"https://openalex.org/W2080657151","doi":"https://doi.org/10.1080/13563460903553673","mag":"2080657151"},"language":"en","primary_location":{"id":"doi:10.1080/13563460903553673","doi":"https://doi.org/10.1080/13563460903553673","is_oa":false,"landing_page_url":"https://doi.org/10.1080/13563460903553673","pdf_url":null,"source":{"id":"https://openalex.org/S146242404","display_name":"New Political Economy","issn_l":"1356-3467","issn":["1356-3467","1469-9923"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"New Political Economy","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5075961906","display_name":"Duncan Wigan","orcid":"https://orcid.org/0000-0001-9805-7408","observed_orcids":["https://orcid.org/0000-0001-9805-7408"]},"institutions":[{"id":"https://openalex.org/I180519160","display_name":"Copenhagen Business School","ror":"https://ror.org/04sppb023","country_code":"DK","type":"education","lineage":["https://openalex.org/I180519160"]}],"countries":["DK"],"is_corresponding":true,"raw_author_name":"Duncan Wigan","raw_affiliation_strings":["International Center for Business and Politics, Gpenhagen Business School"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"International Center for Business and Politics, Gpenhagen Business School","institution_ids":["https://openalex.org/I180519160"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5075961906"],"corresponding_institution_ids":["https://openalex.org/I180519160"],"apc_list":null,"apc_paid":null,"fwci":6.2434,"has_fulltext":false,"cited_by_count":28,"citation_normalized_percentile":{"value":0.96025404,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"15","issue":"1","first_page":"109","last_page":"125"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T13074","display_name":"Global Financial Regulation and Crises","score":0.8769999742507935,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T13074","display_name":"Global Financial Regulation and Crises","score":0.8769999742507935,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11817","display_name":"Housing, Finance, and Neoliberalism","score":0.07180000096559525,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14154","display_name":"finance, banking, and market dynamics","score":0.02810000069439411,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/credit-crunch","display_name":"credit crunch","score":0.984000027179718},{"id":"https://openalex.org/keywords/credit-risk-transfer","display_name":"credit risk transfer","score":0.8270000219345093},{"id":"https://openalex.org/keywords/credit-derivatives","display_name":"credit derivatives","score":0.734000027179718},{"id":"https://openalex.org/keywords/financial-innovation","display_name":"financial innovation","score":0.6549999713897705},{"id":"https://openalex.org/keywords/international-banking","display_name":"international banking","score":0.4650000035762787},{"id":"https://openalex.org/keywords/liquidity","display_name":"liquidity","score":0.4090000092983246},{"id":"https://openalex.org/keywords/solvency","display_name":"solvency","score":0.875},{"id":"https://openalex.org/keywords/central-bank-policy","display_name":"central bank policy","score":0.40799999237060547},{"id":"https://openalex.org/keywords/financial-regulation","display_name":"financial regulation","score":0.7950000166893005},{"id":"https://openalex.org/keywords/financialization","display_name":"financialization","score":0.3179999887943268},{"id":"https://openalex.org/keywords/global-money","display_name":"global money","score":0.3610000014305115}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.547732949256897},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.48094505071640015},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.45348212122917175},{"id":"https://openalex.org/C180879305","wikidata":"https://www.wikidata.org/wiki/Q590998","display_name":"Credit crunch","level":2,"score":0.447894424200058},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.4320310950279236},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.43140149116516113},{"id":"https://openalex.org/C47941915","wikidata":"https://www.wikidata.org/wiki/Q107885","display_name":"Speculation","level":2,"score":0.4191579818725586},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.325203001499176}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/13563460903553673","doi":"https://doi.org/10.1080/13563460903553673","is_oa":false,"landing_page_url":"https://doi.org/10.1080/13563460903553673","pdf_url":null,"source":{"id":"https://openalex.org/S146242404","display_name":"New Political Economy","issn_l":"1356-3467","issn":["1356-3467","1469-9923"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"New Political Economy","raw_type":"journal-article"},{"id":"pmh:oai:research-api.cbs.dk:openaire_cris_publications/95bec23a-d6d8-4842-92cd-1d0e02108d62","doi":null,"is_oa":false,"landing_page_url":"https://hdl.handle.net/10398/95bec23a-d6d8-4842-92cd-1d0e02108d62","pdf_url":null,"source":{"id":"https://openalex.org/S4306401458","display_name":"CBS Research Portal (Copenhagen Business School)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I180519160","host_organization_name":"Copenhagen Business School","host_organization_lineage":["https://openalex.org/I180519160"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Wigan, D 2010, 'Credit Risk Transfer and Crunches : Global Finance Victorious or Vanquished', New Political Economy, vol. 15, no. 1, pp. 109-125. https://doi.org/10.1080/13563460903553673","raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Peace, justice, and strong institutions","score":0.6207000017166138,"id":"https://metadata.un.org/sdg/16"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":28,"referenced_works":["https://openalex.org/W122651029","https://openalex.org/W175057601","https://openalex.org/W365504860","https://openalex.org/W572978136","https://openalex.org/W578284778","https://openalex.org/W627421796","https://openalex.org/W1480059941","https://openalex.org/W1550290961","https://openalex.org/W1563294295","https://openalex.org/W1590274302","https://openalex.org/W1593853662","https://openalex.org/W1895366050","https://openalex.org/W1993875222","https://openalex.org/W2026732538","https://openalex.org/W2035029990","https://openalex.org/W2101006296","https://openalex.org/W2123822063","https://openalex.org/W2127169188","https://openalex.org/W2143530879","https://openalex.org/W2147882874","https://openalex.org/W2157893443","https://openalex.org/W2158480976","https://openalex.org/W2165807407","https://openalex.org/W2495693137","https://openalex.org/W4247825506","https://openalex.org/W4285719527","https://openalex.org/W6606206333","https://openalex.org/W6608756034"],"related_works":["https://openalex.org/W2103153070","https://openalex.org/W249737321","https://openalex.org/W4366371437","https://openalex.org/W2794347706","https://openalex.org/W1486885681","https://openalex.org/W1521071583","https://openalex.org/W3087223742","https://openalex.org/W2001445813","https://openalex.org/W162867587","https://openalex.org/W2087409289"],"abstract_inverted_index":{"Rather":[0],"than":[1],"in":[2,102,152,162,207],"terms":[3],"of":[4,8,12,28,31,64,82,95,105,117,124,136,150,185,193],"the":[5,17,24,29,56,93,103,127,130,148,153,189],"inevitable":[6],"demise":[7],"a":[9,21,32,52,62,87,110,121,163,208],"destabilising":[10],"process":[11,44],"speculation,":[13],"this":[14,65],"article":[15],"explores":[16],"\u2018credit":[18],"crunch\u2019":[19],"as":[20,47],"window":[22],"on":[23,61,168],"fabrication,":[25],"and":[26,39,50,74,78,98,187,203],"measure":[27],"proportions":[30],"political":[33],"shift":[34,108],"driven":[35],"by":[36],"market":[37,72,83,91],"actors":[38],"financial":[40,96],"innovation.":[41],"The":[42,159],"Basel":[43],"reconceptualised":[45],"banks":[46,143],"risk":[48,79],"navigators":[49],"generated":[51],"competitive":[53],"hierarchy":[54],"within":[55],"global":[57,157],"banking":[58],"industry":[59],"determined":[60],"gauge":[63],"capacity.":[66],"This":[67],"private":[68,134,154,172],"regulatory":[69],"regime":[70],"promoted":[71],"inflation":[73],"rendered":[75],"institutional":[76],"liquidity":[77,118],"transfer":[80],"definitive":[81],"power.":[84],"In":[85],"turn,":[86],"ballooning":[88],"credit":[89],"derivatives":[90],"broke":[92],"limits":[94],"production":[97],"defined":[99],"state":[100,160],"actions":[101],"face":[104],"crisis.":[106],"A":[107],"from":[109,126],"central":[111,142],"concern":[112],"with":[113],"solvency":[114],"to":[115,129,171,180],"that":[116,147],"thinly":[119],"masks":[120],"profound":[122],"redistribution":[123],"power":[125],"public":[128],"private.":[131],"By":[132],"swapping":[133],"assets":[135],"uncertain":[137],"value":[138],"for":[139,182],"government":[140],"bonds,":[141],"have":[144],"effectively":[145],"recognised":[146],"products":[149],"innovation":[151,210],"sphere":[155],"are":[156],"money.":[158],"is":[161,178],"curious":[164],"bind.":[165],"It":[166],"takes":[167],"limitless":[169],"exposure":[170],"liabilities":[173],"while":[174],"its":[175],"reform":[176,195],"agenda":[177],"constrained":[179],"calling":[181],"greater":[183],"levels":[184],"transparency":[186],"tackling":[188],"worst":[190],"excesses.":[191],"Promises":[192],"substantive":[194],"remain":[196],"only":[197],"that,":[198],"reflecting":[199],"dissonance":[200],"between":[201],"reality":[202],"an":[204],"entrenched":[205],"faith":[206],"progressive":[209],"spiral.":[211]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":1},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":6},{"year":2012,"cited_by_count":3}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}
