International financial centres after the global financial crisis and Brexit
Title: International financial centres after the global financial crisis and Brexit
Citation: Oxford : Oxford University Press, 2018
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? This text 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.
Table of Contents:
-- 1: Introduction: A Global Overview from a Historical Perspective -- 2: New York: Remains a, if not the, Pre-eminent International Financial Centre -- 3: London: Downturn, Recovery and New Challenges-But Still Pre-eminent -- 4: Paris: The Possibility of Revival as an International Financial Centre -- 5: Frankfurt: A Tale of Resilience in the Crises