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London and Frankfurt in Europe�s evolving financial centre network.

Faulconbridge, James R (2004) London and Frankfurt in Europe�s evolving financial centre network. Area, 36 (3). pp. 235-244. ISSN 1475-4762

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    Abstract

    The launch of the Euro and the location of the European Central Bank in Frankfurt was initially seen as a threat to London�s pre-eminent position in European financial geographies. This paper explains why this was in fact not the case. The paper is therefore divided into two sections. Firstly it reviews the literatures that help to explain financial geographies. It is argued that we need to move away from investigating attribute properties such as financial turnover and instead examine the role of networks and interdependencies in producing financial geographies. Secondly, it identifies London�s dominance and Frankfurt�s growth as a complementary centre through quantitative analysis and then explains how European networks and interdependencies produce this based on insights from interviews with investment bankers and insurance institution workers in the two cities.

    Item Type: Article
    Journal or Publication Title: Area
    Additional Information: The definitive version is available at www.blackwell-synergy.com (c) Blackwell 2004.
    Uncontrolled Keywords: International financial centre network ; Europe ; Interviews ; Financial geographies ; London ; Frankfurt.
    Subjects: G Geography. Anthropology. Recreation > G Geography (General)
    Departments: Faculty of Science and Technology > Lancaster Environment Centre
    ID Code: 348
    Deposited By: Dr James R. Faulconbridge
    Deposited On: 19 Jan 2007
    Refereed?: Yes
    Published?: Published
    Last Modified: 28 Feb 2013 15:18
    Identification Number:
    URI: http://eprints.lancs.ac.uk/id/eprint/348

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