Money and the Space Economy

by Martin, Ron

• ISBN13: 9780471983460
• ISBN10: 0471983462
• Edition: 1st
• Format: Hardcover
• Copyright: 1999-03-12
• Publisher: WILEY

Summary

Money and the Space Economy Contributor list Pietro Alessandrini Leslie Budd Gordon Clark Sheila Dow Richard T. Harrison Alan Hudson Roger Lee Colin Mason Jane Pollard David J. Porteous Barney Warf Neil Wrigley Alberto Zazzaro Money is central to understanding the space economy. Not only does money itself have its own geographies, but these in turn help to shape the geographies of economic activity more generally. Across the global economy banking systems and money markets are being restructured. A new economic geography of money and finance is emerging, reflecting, among other things, the momentous changes that are taking place in the world's financial systems, particularly the impact of globalisation, deregulation, privatisation and technological change. Money and the Space Economy brings together leading geographers and economists working on money to highlight the changing geographies of banking, the forces underpinning and threatening international financial centres, the relationship between financial systems, business and the local economy, and the financial causes and consequences of the retreat of the state. With case studies drawn from United Kingdom, Europe and the United States, Money and the Space Economy redraws the map of local, regional, national and international financial spaces. Economic Geography/Business/Finance/Social Science

Author Biography

Dr. Ron Martin is lecturer in Economic Geography at the University of Cambridge, where he is also a Fellow and Director of Studies in Geography at St. Catharine's College.

Table of Contents

I INTRODUCTION	1	(28)
Chapter 1 The New Economic Geography of Money	3	(26)
Ron Martin
II THE CHANGING GEOGRAPHIES OF BANKING	29	(64)
Chapter 2 The Stages of Banking Development and the Spatial Evolution of Financial Systems	31	(18)
Sheila C. Dow
Chapter 3 Globalisation, Regulation and the Changing Organisation of Retail Banking in the United States and Britain	49	(22)
Jane Pollard
Chapter 4 A `Possibilist' Approach to Local Financial Systems and Regional Development: The Italian Experience	71	(22)
Pietro Alessandrini
Alberto Zazzaro
III FINANCIAL CENTRES	93	(62)
Chapter 5 The Development of Financial Centres: Location, Information, Externalities and Path Dependence	95	(20)
David Porteous
Chapter 6 Globalisation and the Crisis of Territorial Embeddedness of International Financial Markets	115	(24)
Leslie Budd
Chapter 7 Off-shores On-shore: New Regulatory Spaces and Real Historical Places in the Landscape of Global Money	139	(16)
Alan C. Hudson
IV MONEY AND THE LOCAL ECONOMY	155	(70)
Chapter 8 Financing Entrepreneurship: Venture Capital and Regional Development	157	(28)
Colin M. Mason
Richard T. Harrison
Chapter 9 Corporate Finance, Leveraged Restructuring and the Economic Landscape: The LBO Wave in US Food Retailing	185	(22)
Neil Wrigley
Chapter 10 Local Money: Geographies of Autonomy and Resistance?	207	(18)
Roger Lee
V MONEY AND THE RETREAT OF THE STATE	225	(60)
Chapter 11 The Hypermobility of Capital and the Collapse of the Keynesian State	227	(14)
Barney Warf
Chapter 12 The Retreat of the State and the Rise of Pension Fund Capitalism	241	(20)
Gordon L. Clark
Chapter 13 Selling off the State: Privatisation, the Equity Market and the Geographies of Shareholder Capitalism	261	(24)
Ron Martin
Endnotes	285	(16)
Bibliography	301	(29)
List of Contributors	330	(1)
Index	331