A geographical political economy of banking crises: a peripheral region perspective on organisational concentration and spatial centralisation in Britain

作者：Marshall J Neill^*

来源：Cambridge Journal of Regions, Economy and Society, 2013, 6(3): 455-477.

DOI：10.1093/cjres/rst002

• banking crises
• peripheral regions
• geographical political economy

Responding to academic interest in the economic geographies of financial bubbles and crashes, this article examines the British experience of the 2007-2009 global banking crisis. It adopts a culturally informed geographical political economy approach that explores why institutions most seriously affected by the 2007-2009 crisis were located in peripheral locations. The banking crisis is viewed as an episodic round of spatial centralisation in the City of London, reinforcing a previous round of concentration of banking institutions in the late 19th century, and the article analyses the wider implications of this process of concentration for peripheral regions increasingly integrated into a financial sector dominated by the capital. Such a perspective makes a convincing case for a geographically rooted and situated understanding of the global financial crisis.

• 出版日期2013-11