Insubordinate Finance: The Terminal Weekly sweep · postcolonial politics of financial centres in the Global South

Issue 2026-W40 · 28 Sep – 4 Oct 2026

This week in insubordinate finance

This week's digest gathers research on financial devices, regulatory architectures, and institutional change across Southern financial centres and their North–South linkages. The Geoforum study of Caribbean central bank digital currencies and the work on West African monetary union sequencing examine how digital and monetary sovereignty interact with inherited colonial financial structures. Research on Brazilian debt management, Chinese capital-market reform, and regulatory innovation at India's SEBI illustrates how specific devices—from securitization to disclosure rules—reshape state capacity and market integration. We also note studies on intermediary innovation at the Nairobi and Ho Chi Minh exchanges, exchange-rate exposure in Brazilian agribusiness, and fintech-banking partnerships that reveal how Southern financial centres navigate North–South capital flows and South–South integration simultaneously.

New research
41
News
6
Reports & grey literature
2
From the archive
1

New research 41

News 6

Reports & grey literature 2

From the archive 1

  • The Sovereign-Bank Diabolic Loop and ESBies
    American Economic Review Markus Konrad Brunnermeier, Luis Garicano, Philip R. Lane et al.2016

    Sovereign-bank diabolic loop and ESBies securitization; academic scholarship on debt devices and currency-zone financial architecture.

    Financial subordination & dependencySovereign & domestic debtDevices of valuation