Global Finance and Urban Living by Leslie Budd (9780415031981)

Description - Global Finance and Urban Living by Leslie Budd

This seminal and novel book brings together a number of academics and professional practitioners to contribute their knowledge. The first part of the book builds a framework of analysing the material consequences of global finance. Chapters are devoted to unravelling the byzantine relationship between de-regulated and liberalized international finance and the effect on national economies. This relationship, other chapters explain, rests on the nature of new financial instruments, how optimal decisions are made about them and the legal and political regulatory regime that has ensued. The second part relates how the complexity of the new financial regime affects, shapes and interacts with communities, lifestyles, architecture and the development and form of urban economies. The book provides the first authoritative account of the momentous changes in the organization of finance capital that occurred in the 1980s. But it never contents itself with a mere record of events. The changes in finance are scrupulously and consistently related to changes in urban forms, notably metropolitan lifestyles and aesthetics.
The inter-disciplinary focus helps to provide a powerful and totally convincing account of metropolitan finance centre and what it feels like to live in it.

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