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
Summary
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