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The geography of finance: after the storm

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  • Richard O'Brien
  • Alasdair Keith

Abstract

This article reviews the idea that geography is becoming less and less important in finance as a result of the revolution in information and communications technology and of deregulation, in the aftermath of the economic and financial crisis of 2008. Reviewing four scenarios for the future of finance, it seems likely that the drive towards 'the end of geography' will be slowed by the crisis, as the wisdom of allowing the marketplace to self-regulate is reconsidered. Future information and communication technology developments may help improve information management, combating one of the features of recent market failure. Copyright 2009, Oxford University Press.

Suggested Citation

  • Richard O'Brien & Alasdair Keith, 2009. "The geography of finance: after the storm," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 2(2), pages 245-265.
    • Handle: RePEc:oup:cjrecs:v:2:y:2009:i:2:p:245-265
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    File URL: http://hdl.handle.net/10.1093/cjres/rsp015
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    Cited by:

    1. Seo, Bongman, 2011. "Geographies of Finance : Centers, Flows, and Relations," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 52(1), pages 69-86, June.

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