The financial crisis hit the global economy unexpectedly from August 2007 producing consequences comparable to the ones experienced in the course of the 1930s. This book provides a comprehensive interdisciplinary account of the events leading to the financial crisis, its institutional causes and consequences, its economic characteristics and its socio-political implications.
This book represents a unique opportunity to gather the opinions of established experts on financial markets from different academic disciplines and from a different academic traditions debating over the future of the global financial order. Leading economists are confronted with leading political scientists in an effort to assess the future of global financial stability and to propose solutions to the problems envisaged.
This book is essential reading for all interested in macroeconomics, political economy, globalization studies and political science.

As European integration continues, the future of EMU becomes ever more important. Can EMU help create an integrated European community, or will it prove a hindrance to the EU project? This book brings together the experts in the area to provide an interdisciplinary perspective on the issues expected to face EMU over the next few decades.

Although it is still early for an established academic account of the motivations behind the dramatic events in the Arab world in 2010/11, Leila Simona Talani believes that it is about time to try and place this issue into the broader picture of the latest changes in the global political economy.

This book gives an account of the motivations behind the primacy of the City of London, both as a domestic actor and as a global financial centre. It focuses on whether the hegemonic position of the City of London can be threatened by the globalization process and how this relates to its role as an international money laundering centre.

Over the last three decades, the rapid growth of transport and telecommunications systems and the expansion of transnational diasporas have intensified links between the urban spaces of Europe, Africa, the Middle East and Southeast Asia. Increasing global mobility has fostered the development of 'informal' trading networks in which diaspora communities play a central role. As a consequence, the shadow economies of societies with vastly different levels of prosperity have begun to come into contact with one another. While the economic consequences of diaspora trading networks have been extensively explored over the past few decades, the impact of globalization on the economic underground has received much less attention. This volume elaborates on the definition of globalization, on its impact on illegal and illicit activities, and on the role of the 'Global City' as the intersection between the local and the global which allows for the empowerment of generally marginalized actors often through technological progress. The contributors explore the dark side of globalization, more specifically, the relations between globalization and the new dynamics of legal/illegal practices in urban settings of global cities.

Although it is still early for an established academic account of the motivations behind the dramatic events in the Arab world in 2010/11, Leila Simona Talani believes that it is about time to try and place this issue into the broader picture of the latest changes in the global political economy.

This volume uncovers the relations between globalization and dirty dealings in urban settings, focusing on some capital cities and on the relations between underground and overground dynamics all over the globe. It aims to provide a new take on the dark side of globalization.

This book gives a detailed account of the primacy of the City of London, both as a domestic actor and as a global financial centre. It focuses on whether the hegemonic position of the City of London can be threatened by the globalization process and how this relates to its role as an international money laundering centre.