'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, U
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
Sarah Hall, PhD, is Professor of Economic Geography at the University of Nottingham, UK. Her research focuses on London's international financial district and its relations with North America, Europe, and China. Her work has been published in a number of leading academic journals and the media. Professor Hall is the author of Global Finance, joint Editor-in-Chief of the journal Geoforum, and a Senior Fellow with UK in a Changing Europe. She previously held a British Academy Mid-Career Fellowship.