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Tipping the Balance

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  • Sveta Milyaeva

Abstract

In its emphasis on the legal technicalities this article is concerned with materiality of financial markets - a key theme in social studies of finance. The paper insists on the importance of local legal culture by articulating this concept in distinction to politics. Focusing on the Amendment to Article 1062 of the Russian Civil Code concerning an important class of financial products - cash-settled currency derivatives - it synthesises the insights of actor-network theory and finitism, and argues that local legal culture is a composite of both distributed agencies and interpretative acts.

Suggested Citation

  • Sveta Milyaeva, 2014. "Tipping the Balance," Journal of Cultural Economy, Taylor & Francis Journals, vol. 7(2), pages 209-225, May.
    • Handle: RePEc:taf:jculte:v:7:y:2014:i:2:p:209-225
    DOI: 10.1080/17530350.2012.762415
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    References listed on IDEAS

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    1. Donald Mackenzie & Fabian Muniesa & Lucia Siu, 2007. "Do Economists Make Markets? On the Performativity of Economics," Post-Print halshs-00149145, HAL.
    2. William Tompson, 2004. "Banking Reform in Russia: Problems and Prospects," OECD Economics Department Working Papers 410, OECD Publishing.
    3. Donald MacKenzie & Fabian Muniesa & Lucia Siu, 2007. "Introduction to Do Economists Make Markets? On the Performativity of Economics," Introductory Chapters, in: Donald MacKenzie & Fabian Muniesa & Lucia Siu (ed.),Do Economists Make Markets? On the Performativity of Economics, Princeton University Press.
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