An International City Going 'Global

Spatial Change in the City of London

Bibliographic Data

ID4476404
AuthorsMichael Pryke (University of Cambridge, corresponding author)
Year1991
Volume9
Issue2
Pages197-222
Publication date1991-06-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEnvironment and Planning D Society and Space (JOURNAL)
Journal identifiersISSN: 0263-7758 • E-ISSN: 1472-3433
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1068/d090197
OpenAlexW1988401216
LanguageEN
Citations received53
References cited42

Social and spatial change in the City of London from the 1960s to the end of the 1980s are described. From the mid-1960s there have been wide-ranging changes in flows of international finance through the City's financial markets. Despite these outside changes the City remained almost spatially intact. Through a distinctive social power, built on generational layers of 'invented traditions' and an interpretation of 'Englishness', the City has been able temporally and spatially to regulate incoming financial capitals to the trading mores of the 'Square Mile'. In this way the City has been able to innovate its way through change in international financial markets. Yet to ensure its survival in the financial league tables of the late 1980s and beyond, not only did the City have to deregulate its securities markets, it had to deregulate its social space. Informed through an understanding of the gender and class composition of the City, this paper is an attempt to capture this social and spatial transition

Economic geography · Economics · Economy · Financial market · Global city · Interpretation (philosophy · League · Mores · Political science · Politics · Global Urban Networks and Dynamics · Housing, Finance, and Neoliberalism · Law · Urbanization and City Planning · Finance

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