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- Title
Interlocking corporate and policy networks in financial services: Paris-London relations post Brexit.
- Authors
Hall, Sarah; Heneghan, Martin
- Abstract
This paper examines the impacts of Brexit as an external shock to European financial centre relations. In particular, it studies the changing nature of Paris-London financial relations post Brexit. Early on in the Brexit process, Paris was not understood as the most likely European centre to benefit from Brexit given its tax regime and high office costs. However, our analysis shows that through policy and corporate network change, it has been one of the major beneficiaries. In making this argument, the paper develops a sympathetic critique of work on global cities that has tended to emphasise corporate networks without fully situating them within their political landscapes. We argue that bringing work in economic geography into closer dialogue with work in international political economy offers one fruitful way of addressing this oversight and, in turn, better understanding how inter-city relations respond to external shocks.
- Subjects
PARIS (France); LONDON (England); CORPORATE governance; FINANCIAL policy; BRITISH withdrawal from the European Union, 2016-2020; FINANCIAL services industry; ECONOMIC geography
- Publication
ZFW - Advances in Economic Geography, 2023, Vol 67, Issue 2/3, p92
- ISSN
2748-1956
- Publication type
Article
- DOI
10.1515/zfw-2021-0044