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Record W4411580696 · doi:10.1080/2833115x.2025.2514272

International finance and the global polycrisis

2025· article· en· W4411580696 on OpenAlexafffund
Eric Helleiner

Bibliographic record

VenueFinance and Space · 2025
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicGlobal Financial Crisis and Policies
Canadian institutionsBalsillie School of International AffairsUniversity of Waterloo
FundersSocial Sciences and Humanities Research Council of CanadaNational University of Singapore
KeywordsInternational financeBusinessFinanceEconomicsFinancial system

Abstract

fetched live from OpenAlex

It has become commonplace to suggest that we are living through a kind of ‘global polycrisis’. This article shows how the mobilisation of international finance has been at the core of political responses to four crises that are often cited as key constituents of this phenomenon: the global pandemic, the Russian invasion of Ukraine, the planetary climate crisis, and the growing Sino-American geoeconomic fracture and rivalry. It also demonstrates how international finance has been mobilised for very different purposes in each case. Further, the article reveals how these distinctive forms of mobilisation have generated important innovations in the financial practices of public authorities that have both strengthened global financial cooperation and led to a more fragmented international financial order. With Trump's re-election, the fragmentary trends now have the upper hand and may soon be reinforced by an impending fifth crisis: a global financial meltdown. Taken together, these arguments highlight: the centrality of international finance in the contemporary global polycrisis; the diverse roles it plays; the significance of crises as catalysts for innovations in financial practices; the complexity of the dynamics of polycrises; and the challenges associated predicting their future trajectory.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.858
Threshold uncertainty score0.465

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.009
GPT teacher head0.226
Teacher spread0.217 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations6
Published2025
Admission routes2
Has abstractyes

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