The Changing Spatial Arrangements of Global Finance: Financial, Social and Legal Infrastructures

Sarah Hall, Adam Leaver*, Leonard Seabrooke, Daniel Tischer

*Corresponding author for this work

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Abstract

The spatial arrangements of global finance have changed significantly over the last 30 years, entangling new actors, relations and sites. Infrastructures have developed to stabilize change and complexity. The collection advocates for a broader understanding of infrastructures that includes – but moves beyond – supporting technologies of Bloomberg terminals, telephony, and high-speed cabling. In particular, it highlights other infrastructural forms: financial institutions which govern and steer market action, social networks which organize financial practices and reproduce status-based power asymmetries and legal treatments which work across jurisdictions to open up opportunities for actors to innovate or avoid costs. This theme issue highlights how these different infrastructural forms support both changes and continuities in the global financial system and thus contributes to the literature on financialization, global financial networks and global wealth chains.
Original languageEnglish
Journal Environment and Planning A: Economy and Space
Volume55
Issue number4
Pages (from-to)923-930
Number of pages8
ISSN0308-518X
DOIs
Publication statusPublished - Jun 2023

Bibliographical note

Published online: March 15, 2023.

Keywords

  • Global financial networks
  • Financialization
  • Infrastructure
  • Social networks
  • Law

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