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Brexit and shifting geographies of financial centres in Asia

Lai, Karen P.Y.; Pan, Fenghua

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Authors

Fenghua Pan



Abstract

Brexit could have profound impacts on the global financial landscape, as the global economy and financial markets are increasingly inter-connected. London’s role as the top international financial centre in Europe could be threatened due to the uncertain consequences of Brexit. Therefore, the geographies of Asian financial centres might shift as a result of Brexit, since London plays a central role in the existing global financial centre networks and many Asian financial centres, such as Hong Kong and Singapore, have strong financial connections with London. On the one hand, how Asian financial centres are linked with London and other European financial centres is key to understanding the potential impacts of Brexit on them. On the other hand, the reactions to Brexit of Asian economies, in particular, China, will also influence the role of London as a financial centre.

Citation

Lai, K. P., & Pan, F. (2021). Brexit and shifting geographies of financial centres in Asia. Geoforum, 125, 201-202. https://doi.org/10.1016/j.geoforum.2018.02.004

Journal Article Type Article
Acceptance Date Feb 3, 2018
Online Publication Date Feb 12, 2018
Publication Date 2021-10
Deposit Date Aug 31, 2019
Publicly Available Date Mar 28, 2024
Journal Geoforum
Print ISSN 0016-7185
Publisher Elsevier
Peer Reviewed Peer Reviewed
Volume 125
Pages 201-202
DOI https://doi.org/10.1016/j.geoforum.2018.02.004

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