This programme at the European Studies Centre on the Political Economy of Financial Markets (PEFM) was created in 2012. Through a network of academic, official and private market experts, it aims to foster research into the political-economic drivers of changes in financial markets, in light of the global and euro area financial crises. It is focused in particular on issues situated at the intersection of macroeconomics and financial studies, and it is concerned with the institutional setting in which policy towards financial markets is formed at the national and European levels. The PEFM programme is based in the European Studies Centre of St Antony's College, and is affiliated with the Centre for International Studies in the Department of Politics and International relations. The programme's Founding Director was the late Max Watson until 2014, and its current Director is Charles Enoch. The initial funding for the programme has been assured by a grant from the Financial Market Policies Foundation, a registered UK charity.