Spatial Circuits of Global Finance
Overview
'Spatial Circuits of Global Finance'
(Editors Ron Martin, Harry Garretsen and Michael Kitson)
It is now almost two decades since O'Brien wrote his provocative book entitled Global Financial Integration: The End of Geography? Time has moved on, money and capital markets have become simultaneously more integrated and differentiated, there have been a series of market perturbations and crises (the sub-prime debacle being the most recent), new markets have emerged (e.g. private equity), and the locus of global financial power is shifting from the US and Europe to the Far East (especially China). All this raises key questions about the geographies of finance.
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