The Evolution of Banking in China, India and Russia

The objective of this research programme funded by FSE is to examine the regulation and evolution of banking in China, India and Russia. International standards for the regulation of banks are being adopted with very different approaches and regulatory outcomes in different countries. Thus, while certain modes of economic governance become ‘universal’ through standardization and dissemination efforts of international governmental organizations, they are ‘translated’ in distinct ways in different capitalist economies, which hence evolve in distinct manners. The research will seek to make a contribution not only in terms of empirical knowledge of regulation processes and their outcomes in three of the largest emerging market economies, but also in terms of theoretical insight in the 'politics of resilience' and the dynamics of capitalism. Contact person: Jakob Vestergaard

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