Recent decades have seen the frequency of major financial crises that spill across national borders rise to historically unprecedented levels. The appearance of spectacular panics and crashes in the financial arena due to processes of market disembedding is a long-standing historical phenomenon. The crisis of 2008–09 placed particular focus on how these processes occurred in the financial arena, generating remarkable instability.
My research on Regoverning Markets focuses on the ways that markets can be regoverned to lower inequality and instability for workers.
See also my blog posts under the keyword 'Regoverning Markets.'
Macdonald, K., Marshall, S. & Pinto S. (eds.), New Visions for Market Governance: Crisis and Renewal, Routledge, 2012, 261 pp.
Journal articles (refereed)
Marshall, S., Shifting Responsibility: How the Burden of the European Financial Crisis Shifted Away from the Financial Sector and onto Labor’, (2014) 34 Comparative Labor Law and Policy Journal, 101 (ERA Rank: A, Law) (10499 words) [download this article]
Macdonald, K., Marshall, S. & Pinto S., Rethinking Global Market Governance: Crisis and Reinvention’, (2011) Special Edition of Politics and Society, Macdonald, K., Marshall, S. & Pinto S. (eds.), XX(X) 1–16, Sage Publications (ERA: A rank, Policy & Administration / Political Science) (7353 words).
Marshall, S., ‘Responding to the Underlying Causes of the Crisis: Why Labour Should Not Pay’, in Poverty, Justice and the Rule of Law, Maynard, P., and Gold, N. (eds.), International Bar Association, 2013, (8260 words). [download this article]
Macdonald, K., Marshall, S. & Pinto S., ‘Re-Embedding the Market: Crisis and Reinvention’, in New Visions for Market Governance: Crisis and Renewal, Macdonald, K., Marshall, S. & Pinto S. (eds.), Routledge, 2012, (7120 words). [download this article]
Woodward, S. and Marshall, S., A Better Framework: Reforming Not-for-profit Regulation, Centre for Corporate Law and Securities Regulation, 2004, http://cclsr.law.unimelb.edu.au/index.cfm?objectId=017B1CA1-B0D0-AB80-E29B8B41F029F841, 274pp.