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Product Description
Product Description
Understand the world's financial markets
and why London dominates.
If you are one of the tens of thousands
who have read All you need to know
about the City, you already have a
perfect grounding in what goes on in
London's financial markets. But it's
impossible to study the City in
isolation from the rest of the world's
markets, and London is the leading
international financial centre (IFC).
No book to date has captured both
the virtuality of the international
financial markets (IFMs) - the fact that
currencies, equities, bonds, money
market instruments and derivatives
are traded in the ether - as well as
the geography of the IFCs: the fact
that trading is done by people based
in cities.
This book takes the reader on a tour
of the world's leading IFCs and the
IFMs and sets them all in a
macroeconomic context that explains
how the IFMs have moved from
investing to trading over the last 20
years, what caused the credit crunch
and how governments tackled it - all
in Chris Stoakes's easy-to-read style
From the Publisher
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