Introduction

Leila Simona Talani
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Leila Simona Talani: King’s College London

A chapter in Globalization, Hegemony and the Future of the City of London, 2012, pp 1-5 from Palgrave Macmillan

Abstract: Abstract This book provides an account of the motivations behind the primacy of the City of London, both as a domestic actor inside the United Kingdom and as a global financial center. It investigates its political economy causes and consequences, its economic characteristics, and its sociopolitical implications. The book identifies the underlying factors that made it possible for the City of London to control British economic policy making and take the lead with regard to global financial markets, it explains why this hegemonic position occurred within a particular time and institutional frame, and identifies the winners and losers that resulted, with special attention to distributional politics and socioeconomic interest groups.

Keywords: Global Financial Crisis; Money Laundering; British Government; European Monetary System; Exchange Rate Mechanism (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-34945-2_1

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DOI: 10.1057/9780230349452_1

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