1st Edition

The Routledge Handbook of Financial Geography

Edited By Janelle Knox-Hayes, Dariusz Wójcik Copyright 2021
    736 Pages 65 B/W Illustrations
    by Routledge

    736 Pages 65 B/W Illustrations
    by Routledge

    This handbook is a comprehensive and up to date work of reference that offers a survey of the state of financial geography. With Brexit, a global recession triggered by the COVID-19 pandemic, as well as new financial technology threatening and promising to revolutionize finance, the map of the financial world is in a state of transformation, with major implications for development.

    With these developments in the background, this handbook builds on this unprecedented momentum and responds to these epochal challenges, offering a comprehensive guide to financial geography. Financial geography is concerned with the study of money and finance in space and time, and their impacts on economy, society and nature. The book consists of 29 chapters organized in six sections: theoretical perspectives on financial geography, financial assets and markets, investors, intermediation, regulation and governance, and finance, development and the environment. Each chapter provides a balanced overview of current knowledge, identifying issues and discussing relevant debates. Written in an analytical and engaging style by authors based on six continents from a wide range of disciplines, the work also offers reflections on where the research agenda is likely to advance in the future.

    The book’s key audience will primarily be students and researchers in geography, urban studies, global studies and planning, more or less familiar with financial geography, who seek access to a state-of-the art survey of this area. It will also be useful for students and researchers in other disciplines, such as finance and economics, history, sociology, anthropology, politics, business studies, environmental studies and other social sciences, who seek convenient access to financial geography as a new and relatively unfamiliar area. Finally, it will be a valuable resource for practitioners in the public and private sector, including business consultants and policy-makers, who look for alternative approaches to understanding money and finance.


    List of Figures

    List of Tables

    List of Contributors


    1. Introduction
      Janelle Knox-Hayes and Dariusz Wójcik
    2. Part A. Theoretical perspectives in financial geography

    3. Financial and Business Services: A Guide for the Perplexed
      Dariusz Wójcik
    4. Foundations of Marxist Financial Geography
    5. Patrick Bond

    6. Cultural Economy of Finance
    7. Sarah Hall

    8. Beyond (de)regulation: law and the production of financial geographies
    9. Shaina Potts

    10. Financial Ecosystems and Ecologies
    11. Andrew Leyshon

      Part B. Financial assets and markets

    12. From Cowry Shells to Cryptos: Evolving geographies of currency
    13. Matthew Zook

    14. The geography of global stock markets and overseas listings
    15. Fenghua Pan

    16. Housing under the empire of finance
    17. Raquel Rolnik

    18. Commodities

    Stephen Ouma

    1. Infrastructure: The Harmonization of an Asset Class and Implications for Local Governance
    2. Gabriella Y. Carolini and Isadora Cruxên

      Part C. Investors

    3. Long-Term Investment Management: The Principal–Agent Problem and Metrics of Performance
    4. Gordon L Clark and Ashby HB Monk

    5. Knowledge, experience, and financial decision-making
    6. Gordon L Clark

    7. Household Finance
    8. Christopher Harker and Johnna Montgomerie

    9. Impact investors: The ethical financialization of development, society and nature

    Paul Langley

    1. The Foundations of Development Banking: A Critical Review
    2. Aniket Shah

      Part D. Intermediation

    3. Banks and Credit
    4. Lindsey Appleyard

    5. Insurance, and the prospects of insurability
    6. Kate Booth

    7. Unbundling value chains in finance: offshore labor and the geographies of finance
    8. Jana M. Kleibert

    9. FinTech: The dis/re-intermediation of finance?
    10. Karen P.Y. Lai

      Part E. Regulation and governance

    11. Legal Foundations of Finance
    12. Katharina Pistor

    13. Central Banks and the Governance of Monetary Space
    14. David S. Bieri

    15. Financial geography, imbalances and crises: Excavating the spatial dimensions of asymmetric power
    16. Gary Dymski

    17. Credit Rating Agencies in the Era of Neoliberal Capitalism
    18. Stefanos Ioannou

    19. Offshore and the Political and Legal Geography of Finance: 1066-2020 AD
    20. Daniel Haberly

      Part F. Finance, development and the environment

    21. Finance and Development in sub-Saharan Africa
    22. Susan Newman

    23. The renewable energy revolution: Risk, investor and financing structures – with case studies from Germany and Kenya
    24. Britta Klagge

    25. Finance and Climate Change
    26. Patrick Bigger and Wim Carton

    27. Environmental Sustainability and Finance

    Janelle Knox-Hayes, Jungwoo Chun, and Priyanka deSouza



    Janelle Knox-Hayes is an Associate Professor of Economic Geography and Planning and Head of the Environmental Policy and Planning Group in the Department of Urban Studies and Planning, MIT.

    Dariusz Wójcik is a Professor of Economic Geography at the School of Geography and the Environment, Oxford University, and Fellow of St Peter’s College, Oxford.