The global financial crisis that started in 2007 exposed the failure of governments and legislative bodies to regulate the banking industry adequately at a national and global level. Post-crisis reforms and structural changes have ensued: the switch from the G7 to the G20 for example and an...

An amended version of the Aronson-Schwartz model and a more detailed econometric model are used to test the proposition that population movements within the London metropolitan area are related to the 'value-for-money' provided by local authorities. Both approaches reveal evidence of a...

The strategic behaviour of international advertising agencies is studied using Yip's global strategy framework. In most cases, firms seek broad international engagement to leverage agency advantage; the development of uniform international management systems has a high priority; and "responsive"...

Howard Davies is Director of the London School of Economics. This is the text of a speech he delivered on 30 July 2009, when he visited the Reserve Bank on the occasion of our 75th anniversary. The slideshow accompanying the speech and a video file of its delivery can be viewed at the Reserve...

A two-stage qualitative case study, and Yip's conceptual framework, are used to examine the extent to which British construction firms have adopted 'global' strategies. In the first stage industry experts provided evidence on the forces driving global strategy. In the second stage executives...

The author points out that the general directions of change adopted by the financial authorities in countries around the world in response to the market turbulence of 1997 and 1998 are correct. But, even as recovery gathers pace and so one impetus to reform weakens, reforms need to be pursued...

Central banks around the world differ in their functions, size, efficiency and status. In this article, Sir Howard Davies, a former Deputy Governor of the Bank of England, discusses the development of central banking over the last few years, and where it might go in the future. His main focus is...

In this article Sir Howard Davies, Director of the London School of Economics and Political Science, offers some thoughts, first, on the political framework within which trade policy is determined, then about the way in which the globalization debate has developed, and finally some suggestions...