Showing 1 - 10 of 16
Using the case of the Lehman Minibonds crisis in Singapore, this paper aims to elucidate processes of financialisation and geographies of investor subjects by investigating the reshaping of retail banking consumers into investor subjects. Instead of painting all investor subjects with a broad...
Persistent link: https://www.econbiz.de/10013007537
Media often portray investment bankers as the culprits of the global financial crisis, while mainstream scholarly accounts blame government failures and global trade and financial imbalances. This paper investigates the role of investment banks in the global financial crisis and the US economy,...
Persistent link: https://www.econbiz.de/10013128011
This paper brings financial centres into the debate on the causes and consequences of the global financial crisis, by focusing on New York and London. It argues that the degree of commonality, complementarity and connectivity between the two leading global financial centres justifies the use of...
Persistent link: https://www.econbiz.de/10013122293
Here we present a novel analysis of the development of offshore banking since 1980, which addresses important but still - unanswered questions about the both the role of offshore centers in the global financial crisis, and the post-crisis stability of these centers. We show that post-1980...
Persistent link: https://www.econbiz.de/10012908382
We use employment data for 2008-12 to analyse the impact of the subprime and Eurozone crises on the British and German financial sector. In the UK the sector contracted and its spatial concentration increased across regions and urban hierarchy, with London as the sole winner. In Germany there...
Persistent link: https://www.econbiz.de/10013050865
Lying at the heart of offshore finance is a basic contradiction. On the one hand, offshore finance is fundamentally driven by the desire to protect private property from the state; on the other hand, this property is itself ultimately dependent on the protection of the state. This dilemma has...
Persistent link: https://www.econbiz.de/10013016822
This paper revisits and contributes to geographies of the 2007 financial crisis and ensuing recession by testing the statistical relationships between a set of economic indicators and growth in metropolitan areas in the United States. Two research questions organize the quantitative strategy....
Persistent link: https://www.econbiz.de/10013078837
This paper examines the impact of financial crises on employment. Using employment data from 32 countries between 1975 and 2005 and financial crisis from Reinhart and Rogoff (2009), we examine the resilience of eight economic sectors. As a test of robustness, we contrast these findings with...
Persistent link: https://www.econbiz.de/10013064050
Questions have been raised regarding the role of low-tax offshore jurisdictions in the global financial crisis, based largely on evidence that many problematic asset-backed securities were issued from or listed in the Cayman Islands, Jersey, Ireland, and other ‘offshore' sites. However, there...
Persistent link: https://www.econbiz.de/10012967408
Persistent link: https://www.econbiz.de/10008702323