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portrait of Dr Sandy Hager

Dr Sandy Hager

Senior Lecturer in International Political Economy

School of Arts and Social Sciences, Department of International Politics

Contact Information


Visit Sandy Hager

D507, Rhind Building

Postal Address

City, University of London
Northampton Square
United Kingdom



I am a Senior Lecturer in International Political Economy in the Department of International Politics. Before joining City I was a Postdoctoral Fellow at the Weatherhead Center for International Affairs at Harvard University, and a Fellow in International Political Economy in the Department of International Relations at the LSE.

My research focuses on corporate power and inequality in global finance, and has been published in New Political Economy, Socio-Economic Review, and the European Journal of International Relations.


Books (2)

  1. Hager, S.B. (2016). Public Debt, Inequality, and Power The Making of a Modern Debt State. Oakland, California: University of California Press. ISBN 978-0-520-96042-8.
  2. Hansen, P. and Hager, S.B. (2013). The Politics Of European Citizenship Deepening Contradictions in Social Rights and Migration Policy. Berghahn Books. ISBN 978-0-85745-622-9.

Chapters (2)

  1. Hager, S. (2012). Investment bank power and neoliberal regulation: From the Volcker shock to the Volcker rule. In Overbeek, H. and van Apeldoorn, B. (Eds.), Neoliberalism in Crisis (pp. 68–92). Basingstoke: Palgrave Macmillan. ISBN 978-1-137-00247-1.
  2. Hager, S. (2008). ’New Europeans' for the 'New European Economy': Citizenship and the Lisbon Agenda. In van Apeldoorn, B., Horn, L. and Drahokoupil, J. (Eds.), Contradictions and Limits of Neoliberal European Governance From Lisbon to Lisbon (pp. 106–124). Basingstoke: Palgrave Macmillan. ISBN 978-0-230-22875-7.

Internet publication

  1. Hager, S. (2017). Trump and the Bond Market. Foreign Affairs.

Journal articles (10)

  1. Hager, S.B. and Baines, J. (2020). The Tax Advantage of Big Business: How the Structure of Corporate Taxation Fuels Concentration and Inequality. Politics and Society, 48(2), pp. 557–580. doi:10.1177/0032329220911778.
  2. Baines, J. and Hager, S.B. (2020). Financial Crisis, Inequality, and Capitalist Diversity: A Critique of the Capital as Power Model of the Stock Market. New Political Economy, 25(1), pp. 122–139. doi:10.1080/13563467.2018.1562434.
  3. Baines, J. and Hager, S.B. (2020). The Great Debt Divergence and its Implications for the Covid-19 Crisis: Mapping Corporate Leverage as Power. New Political Economy. doi:10.1080/13563467.2020.1865900.
  4. Hager, S.B. (2018). Varieties of Top Incomes? Socio-Economic Review. doi:10.1093/ser/mwy036.
  5. Hager, S.B. (2017). A global bond: Explaining the safe-haven status of US Treasury securities. European Journal of International Relations, 23(3), pp. 557–580. doi:10.1177/1354066116657400.
  6. Hager, S.B. (2015). Corporate ownership of the public debt: mapping the new aristocracy of finance. Socio-Economic Review, 13(3), pp. 505–523. doi:10.1093/ser/mwv013.
  7. Hager, S.B. (2014). What Happened to the Bondholding Class? Public Debt, Power and the Top One Per Cent. New Political Economy, 19(2), pp. 155–182. doi:10.1080/13563467.2013.768613.
  8. Hager, S. (2013). America's Real 'Debt Dilemma'. Review of Capital as Power, 1(1), pp. 41–62.
  9. van Apeldoorn, B. and Hager, S.B. (2010). The social purpose of new governance: Lisbon and the limits to legitimacy. Journal of International Relations and Development, 13(3), pp. 209–238. doi:10.1057/jird.2010.9.
  10. Baines, J. and Hager, S.B. Commodity Traders in a Storm: Financialization, Corporate Power and Ecological Crisis. Review of International Political Economy pp. 1–39. doi:10.1080/09692290.2021.1872039.