The Re-Emergence of Global Finance
Author | : G. Burn |
Publisher | : Springer |
Total Pages | : 243 |
Release | : 2006-04-19 |
ISBN-10 | : 9780230501591 |
ISBN-13 | : 0230501591 |
Rating | : 4/5 (591 Downloads) |
Book Synopsis The Re-Emergence of Global Finance by : G. Burn
Download or read book The Re-Emergence of Global Finance written by G. Burn and published by Springer. This book was released on 2006-04-19 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.