Hedge funds are often viewed from a positive or negative lens in the public and academic forum. However, both of these perspectives neglect structuralist factors. This paper analyzes the effect of these antecedent economic, political, and legal structures. I argue that these structures are at the root of hedge fund behavior, particularly during financial crises. The financial crises of two peripheral countries, Iceland and Cyprus, are used as case studies to illustrate how hedge fund involvement diverges as a result of structural factors.
Mah, Jameson K.
"Hedge Funds in the Periphery: An Analysis of Structures Influencing Fund Behavior in the Icelandic and Cypriot Financial Crises,"
Undergraduate Economic Review: Vol. 15:
1, Article 12.
Available at: https://digitalcommons.iwu.edu/uer/vol15/iss1/12