The world of finance continues to be a dynamic and rapidly changing institutional and spatial environment. This book is a state-of-the-art and fascinating analysis of the locational and relational geography of finance and its associated markets, networks and centres. It offers a contemporary and forward looking critique that will be of relevance to all those with an interest in global finance.
In this rich and compelling text, Sarah Hall delves into the evolution of the financial services industry since the 2008 financial crisis. The narrative is systematic and embedded in the history of the Bretton Wood’s era, providing a thorough introduction to the world of finance for students and general audiences. At the same time, Hall’s skilful analysis of contemporary ‘spaces’ and ‘subjects' provides new insight into the cultural economy of global finance and will appeal to scholars and practitioners of finance alike.
Sarah Hall’s indispensable text illuminates the places, spaces and people of global finance. It explores established and emerging banking centres, the shadowy worlds of offshore havens and the daily enmeshment of almost everyone into the complexities of financial markets. Grounded in a cutting-edge reading of critical cultural economy, the book will be a major point of reference for students and scholars of global finance who are dissatisfied with the complacent, uncritical, Anglocentric and mathematics-driven accounts that dominate the disciplines of economics and finance.
The economic crisis of 2007 has moved finance to the centre of social science. Firmly embedded within a cultural economy approach, Sarah Hall discusses the spaces of finance and how they affect different places and the people who live there, in this superbly researched book.
Sarah Hall’s Global Finance is an outstanding guide through the world of financial centres, capital flows and financial elites. Using a cultural economy approach, Hall succeeds in laying barre what has remained hidden for even the best-informed insiders.
An insightful exposition and sympathetic critique of the cultural economy approach to finance, demonstrating clearly how places, spaces and people matter in the production and reproduction of global financial markets. Richly illustrated and clearly structured, it should be a great resource for students and scholars of financial geography and finance in general. Financial Geography has been waiting for a single-authored, accessible textbook-like work for a long time!
More than ever, individuals, households and firms across the globe now have become entangled into global financial networks: as producers and consumers, financial elites and financial subjects. This book by Sarah Hall convincingly shows how the financial system – far from being a placeless space of monetary flows - is made and transformed in established and new financial centres, and illustrates the consequences experienced by different groups of people and in different places included in or excluded from the system.
For critical geographers, economists, and other heterodox social scientists alike, Sarah Hall has done us all a great service. She has brought together a vast literature on the cultural and social dimensions of the global financial system and, most importantly, revealed its core theme—the rapidly changing ‘spaces of post-crisis global finance’.
Up-to-date view of the topic presented in an easy-to-read wa for students. Also to further our students reading English literature, which they will need for other purposes, including thesis and paper writing.
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