Globalization, Hegemony and the Future of the City of London
The City of London has long been able to control British economic
policy-making, and has taken the lead as a domestic actor as well as making its mark on
global financial markets.
This book analyzes the causes and consequences of this hegemony, and the
implications that this has had for politics, socioeconomic interest groups, and the
exceptional nature of British capitalist development.
Dr. Talaniquestions the sustainability of this hegemony, discussing the threat of
globalization and the impact that this has had on London's role as an international money
laundering centre.The future of the primacy of the City is also debated in light of the
recent global financial crises.
LEILA SIMONA TALANI is AssociateProfessor (Reader) in International
and European Political Economy at King's College London, UK.She was previously a Lecturer
in European Politics at the University of Bath, UK,and a Research Fellow and then Lecturer
at the European Institute of the London School of Economics, UK.In 2001 she spent a year
as Associate Expert on migration issues at the United Nations Office for Drug Control and
Crime Prevention in Cairo. Her research interests focus on globalization and the future of
the City of London as well as the political economy of migration flows from southern
Mediterranean countries to the EU. She is the author of Europe in Crisis, The Global
Crash, From Egypt to Europe, The future of EMU, Between Growth and Stability, European
Political Economyand Betting for and against EMU.
Table of Contents
Introduction
British 'Exceptionalism' and the City of London
The City of London and British Economic Policies: 1960s to 1980s
The City of London and the Process of European Monetary Integration
Impact of the Global Financial Crisis on the City of London: The End of Hegemony?
Globalization and the Future of the City of London: Enduring Hegemony
Money Laundering and the City of London
Conclusion
264 pages, Hardcover