Respatialising finance : power, politics and offshore renminbi market making in London
Author(s)
Bibliographic Information
Respatialising finance : power, politics and offshore renminbi market making in London
(RGS-IBG book series)
Wiley, 2021
- : pbk
Available at 2 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Includes bibliographical references and index
Description and Table of Contents
Description
RESPATIALISING FINANCE 'In Respatialising Finance Sarah Hall uses the internationalisation of the Chinese Renminbi (RMB) to work through a sympathetic conceptual and empirical critique of prevailing analyses of International Financial Centres (IFCs). Her conceptual (re)framing stresses the politics, institutions and economics of IFCs and will be essential reading for all social scientists interested in the dynamism of contemporary finance and financial centres.'
Professor Jane Pollard, Centre for Urban and Regional Development Studies (CURDS), Newcastle University, UK
'Through detailed study of Chinese RMB internationalisation and combining analytical insights from economic geography, sociology, and international political economy, Sarah Hall shows why offshore networks anchored in territories such as the City of London are both core to global monetary and financial landscapes, and provide a key terrain for state power and politics.'
Professor Paul Langley, Department of Geography, Durham University, UK
Respatialising Finance is one of the first detailed empirical studies of how and why London became the leading western financial centre within the wider Chinese economic and political project of internationalising its currency, the renminbi (RMB). This in-depth volume examines how political authorities in both London and Beijing identified the potential value of London's international financial centre in facilitating and legitimising RMB internationalisation, and how they sought to operationalise this potential through a range of market-making activities.
The text features original data from on-the-ground research in London and Beijing conducted with financial and legal professionals working in RMB markets and offers an original theoretical approach that brings economic geography into closer dialogue with international political economy. Recent work on territory illustrates how financial centres are not simply containers and facilitators of global financial flows - rather they serve as territorial fixes within the dynamic and crisis-prone nature of global finance.
Table of Contents
List of Figures vi
List of Tables vii
List of Abbreviations viii
Series Editors' Preface ix
Acknowledgements x
1 Global Monetary Transformation and Respatialising the Geographies of Finance 1
Part I Theorising Changing Monetary and Financial Geographies 19
2 Thinking Geographically about States, Power and Politics in the Global Monetary System 21
3 Thinking Geographically about the International Financial System 43
Part II The Geographies of RMB Internationalisation in London 63
4 Respatialising Research in International Financial Centres 65
5 London's Financial Centre as a Territorial Fix within RMB Internationalisation 87
6 Chinese Financial Labour Markets in London's Financial Centre 110
7 Respatialising Financial Regulation Through Offshore RMB Market Making in London 137
8 RMB Internationalisation in Retrospect and Prospect: For Revitalised Geographies of Money and Finance 155
Index 171
by "Nielsen BookData"