| ID | 127056 |
| Title Proper | Performativity and the politics of equipping for calculation |
| Other Title Information | constructing a global market for microfinance |
| Language | ENG |
| Author | Henriksen, Lasse F |
| Publication | 2013. |
| Summary / Abstract (Note) | This article argues that the concept of performativity deepens our understanding of contemporary, expertise-driven processes of global economic governance. Tracing the World Bank's role in constructing a global market for microfinance, the paper suggests that the World Bank was instrumental in translating selected parts of economic models into practice, thereby changing microfinance practices globally. Socio-technical networks centered on the World Bank were created to equip actors to become part of a global market, which incorporated not only donors but also commercial investors. The paper makes a critical intervention in the performativity literature by arguing for the need to take positional power and dominance in the socio-technical networks of International Organizations more seriously. This move improves our ability to specify how economic ideas and models are translated into practice in transnational arenas. |
| `In' analytical Note | International Political Sociology Vol.7, No.4; December 2013: p.406-425 |
| Journal Source | International Political Sociology Vol.7, No.4; December 2013: p.406-425 |
| Key Words | Economics ; Microeconomics ; Economic Policy ; Economic Strategy ; Financial System ; Microfinance ; World Bank ; Socio-Technical Network ; Global Economic Governance ; International Organizations ; Transnational Arenas ; Global Economic Market ; Critical Intervention ; Monetary Calculation |