Book Launch: Extroverted Financialisation
Join us for the launch of Extroverted Financialization, a new book that offers a fresh account of how global finance became “Americanized” in the post-war era.
Book Launch: Extroverted Financialisation
17 Nov 2025, 18:00 – 19:30
Join via Zoom
About this talk:
This event marks the launch of the new book Extroverted Financialisation: Banking on USD Debt.
The book offers a new account of the Americanization of global finance through the concept of 'extroverted financialization'. The study presents German banks as active participants of financialization, demonstrating how deeply entangled they were with global markets since post-WWII reconstruction. Extroverted Financialization locates the transformation of global banking within the revolution of funding practices in 1960s New York and shows how this empowered US banks to systematically outcompete their European counterparts. This uneven competition drove German banks to partially uproot themselves from their own home markets and transform their own banking models into US financial models. This transformation not only led to the German banks' speculative investments during the 2000s subprime mortgage bubble, but more importantly to rising USD dependency and their contemporary decline.
Meet the panel:
- Speaker: Dr Mareike Beck | Associate Professor in International Political Economy at the University of Warwick
- Discussant: Mads Hansen | UCL IIPP Visiting Researcher
- Chair / Discussant: Dr Cecilia Rikap | Head of Research and Associate Professor in Economics at the UCL Institute for Innovation and Public Purpose (IIPP)
Click here to buy the book: Extroverted Financialisation
Mareike Beck is Associate Professor in International Political Economy at the University of Warwick. Her research focuses on the global and everyday politics of finance.
UCL IIPP Visiting Researcher
Mads R. Hansen works on political economy, knowledge infrastructures, and cultural evolution. Their research explores how institutions and technologies shape value, power, and epistemic systems, and how collective governance can enable broader participation in shaping economic futures. They focus on democratizing investment, integrating non-pecuniary returns, and building just, plural knowledge systems for equitable, livable futurities.
Head of Research and Associate Professor in Economics
UCL Institute for Innovation and Public Purpose (IIPP)Cecilia Rikap (PhD in economics from the Universidad de Buenos Aires) is associate professor in Economics and Head of Research at IIPP- UCL. Until joining UCL, she was a permanent Senior Lecturer in International Political Economy (IPE) at City, University of London and programme director of the BSc in IPE at the same university. She is a tenure researcher of the CONICET, Argentina’s national research council, and associate researcher at COSTECH lab, Université de Technologie de Compiègne.
Further information
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