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Interlocking corporate and policy networks in financial services: Paris-London relations post Brexit

Hall, Sarah; Heneghan, Martin

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Authors

Sarah Hall

MARTIN HENEGHAN MARTIN.HENEGHAN@NOTTINGHAM.AC.UK
Assistant Professor in Social/ public Policy



Abstract

This paper examines the impacts of Brexit as an external shock to European financial centre relations. In particular, it studies the changing nature of Paris-London financial relations post Brexit. Early on in the Brexit process, Paris was not understood as the most likely European centre to benefit from Brexit given its tax regime and high office costs. However, our analysis shows that through policy and corporate network change, it has been one of the major beneficiaries. In making this argument, the paper develops a sympathetic critique of work on global cities that has tended to emphasise corporate networks without fully situating them within their political landscapes. We argue that bringing work in economic geography into closer dialogue with work in international political economy offers one fruitful way of addressing this oversight and, in turn, better understanding how inter-city relations respond to external shocks.

Citation

Hall, S., & Heneghan, M. (2023). Interlocking corporate and policy networks in financial services: Paris-London relations post Brexit. ZFW – Advances in Economic Geography, 67(2-3), 92-104. https://doi.org/10.1515/zfw-2021-0044

Journal Article Type Article
Acceptance Date Mar 2, 2023
Online Publication Date Aug 15, 2022
Publication Date 2023
Deposit Date Mar 27, 2023
Publicly Available Date Mar 28, 2024
Journal ZFW - Advances in Economic Geography
Print ISSN 2748-1956
Electronic ISSN 2748-1964
Publisher De Gruyter
Peer Reviewed Peer Reviewed
Volume 67
Issue 2-3
Pages 92-104
DOI https://doi.org/10.1515/zfw-2021-0044
Public URL https://nottingham-repository.worktribe.com/output/18817636
Publisher URL https://www.degruyter.com/document/doi/10.1515/zfw-2021-0044/html

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