As well as marking the tenth anniversary of the collapse of Lehman Brothers and the consequent unleashing of the global financial crisis, 2018 is also the year of negotiations on the terms of the UK's exit from the European Union. Within a decade the banking world has witnessed two epochal events with potential to redraw the map of international financial centres: but how much has this map actually changed since 2008, and how is it likely to change in the near future?
International Financial Centres after the Global Financial Crisis and Brexit gathers together leading economic historians, geographers, and other social scientists to focus on the post-2008 developments in key international financial centres. It focuses on the shifting hierarchies of New York, London, Paris, Geneva, Zurich, Frankfurt, Singapore, Hong Kong, Beijing, Shanghai, and Tokyo to question whether Asian financial centres have taken advantage of the crisis in the West. It also
examines the medium-effects of the crisis, the level of regulation, and the rise of new technology (fintech). By exploring these crucial changes, it questions whether shifts in the financial industry and the global landscape will render these centres unnecessary for the functioning of the global economy, and
which cities are likely to emerge as hubs of new financial technology.
Publisher: Oxford University Press
Number of pages: 272
Weight: 560 g
Dimensions: 242 x 163 x 22 mm
This is a valuable contribution not just to geographers but also to urban planners, economists, and other social scientists interested in the evolution of particular financial centers...[T]he multidisciplinary approach of the book, in addition to increasing its richness, also enhances its accessibility to a wide range of readers. International Financial Centres after the Global Financial Crisis and Brexit is thus a pleasing and informativeread for anybody who is
interested in finance, financial history, or urban development. * Simone Franzi, Virginia Polytechnic Institute and State University, Journal of Urban Affairs *