Projects per year
Abstract
The financial crisis of 2007-08 prompted a profusion of writing across various disciplines and approaches exploring the sometimes arcane and opaque ‘black box’ of finance. Although largely originating in the subprime mortgage market of the US, the crisis quickly spread, becoming known as the global financial crisis. The self-appointed ‘masters of the universe’ of Wall Street fell from grace live on television but after a short period of penance, the largest financial firms in the international financial centres of New York and London have since returned to profitability, bigger than before having taken over ailing competitors following state bailouts. So it appeared it was back to business as usual, with the ‘real’ economy still in thrall to and disconnected from global finance (...)
Original language | English |
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Journal | Articulo - Journal of Urban Research |
Volume | 2018 |
Issue number | 17-18 |
DOIs | |
Publication status | Published - 28 Jun 2018 |
Keywords
- Financial crisis
- Financial firms
- international financial centre
Projects
- 1 Finished
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FINWEBS: Stabilising an unstable industry: The role of agency in interconnecting international financial centers
Dörry, S. (PI), Robinson, G. (CoI) & Derudder, B. (Host Institution)
Luxembourg Institute of Socio-Economic Research (LISER), Fonds National de la Recherche Luxembourg
1/09/17 → 31/12/22
Project: Research