Paperback. The City, as Londons financial centre is known, is the worlds biggest international banking and foreign exchange market, shaping the development of global capital. It is also, as this groundbreaking book reveals, a crucial part of the mechanism of power in the world economy.Based on the authors twenty years experience of City dealing rooms, The City is an in-depth look at world markets and revenues that exposes how this mechanism works. All big international companiesnot just the banksutilise this system, and The City shows how the operations of the City of London are critical both for British capitalism and for world finance.Tony Norfield details, with shocking and insightful research, the role of the US dollar in global trading, the network of Britishlinked tax havens, the flows of finance around the world and the system of power built upon financial securities. Why do just fifty companies now have control of a large share of world economic production? The City explains how this situation came about, examining the history of the world economy from the postwar period to the present day.If you imagine you dont like finance but have no problem with the capitalist market system, think again: it turns out the two cannot be separated. Radical insider's account of how the city of London really works Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability.

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Detalles bibliogr�ficos

T�tulo: The City (Paperback)
Editor: Verso Books, London
Fecha de publicaci�n: 2017
Idioma: Ingl�s
ISBN 10: 1784785024
ISBN 13: 9781784785024
Encuadernaci�n: Paperback
Estado: new

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Sinopsis

The City, as London’s financial centre is known, is the world’s biggest international banking and foreign exchange market, shaping the development of global capital. It is also, as this groundbreaking book reveals, a crucial part of the mechanism of power in the world economy. Based on the author’s twenty years’ experience of City dealing rooms, The City is an in-depth look at world markets and revenues that exposes how this mechanism works. All big international companies—not just the banks—utilize this system, and The City shows how the operations of the City of London are critical both for British capitalism and for world finance. Tony Norfield details, with shocking and insightful research, the role of the US dollar in global trading, the network of British-linked tax havens, the flows of finance around the world and the system of power built upon financial securities. Why do just fifty companies now have control of a large share of world economic production? The City explains how this situation came about, examining the history of the world economy from the post-war period to the present day.

Acerca del autor

For nearly twenty years, Tony Norfield worked in bank dealing rooms in the City of London. For ten years he was an Executive Director and the Global Head of FX Strategy in a major European bank, travelling to some forty countries on business, negotiating with finance ministries, central banks and major corporations. He was frequently quoted in the Financial Times, Wall Street Journal, Guardian and Telegraph, and on news services such as Reuters, Bloomberg, CNN and CNBC. In 2014, he was awarded a PhD in Economics from the School of Oriental and African Studies, University of London.

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