The Re-Emergence of Global Finance
by
G. Burn
Book Details
Format
Hardback or Cased Book
ISBN-10
023000198X
ISBN-13
9780230001985
Publisher
Palgrave Macmillan
Imprint
Palgrave Macmillan
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Apr 19th, 2006
Print length
231 Pages
Weight
428 grams
Dimensions
22.30 x 15.70 x 1.80 cms
Product Classification:
AccountingFinanceFinance and the finance industry
Ksh 23,400.00
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Gary Burn examines how in 1950s London, City bankers invented a new form of money and escaped offshore, beyond the jurisdiction of monetary authority. This is the story of the Eurodollar and the re-emergence of global capital. It tells how the City discarded sterling and reclaimed its historic role as the world's foremost financial centre.
Gary Burn examines how in 1950s London, City bankers invented a new form of money and escaped offshore, beyond the jurisdiction of monetary authority. This most momentous financial innovation since the bank note, paved the way for globalization. It was a first shot in the neo-liberal counter-revolution against the Keynesian welfare state. This is the story of the Eurodollar and the re-emergence of global capital. It tells how the City discarded sterling and reclaimed its historic role as the world''s foremost financial centre.
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