Globalisation, hegemony and the future of the City of London

Abstract

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. Talani questions 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.