Cover of G. Burn: Re-Emergence of Global Finance

G. Burn Re-Emergence of Global Finance

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Palgrave Macmillan UK

2006

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978-0-230-50159-1

0-230-50159-1

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Gary Burn examines how in 1950s London, City bankers invented a new form of money and escaped offshore, beyond the jurisdiction of monetary authority. This is the story of the Eurodollar and the re-emergence of global capital. It tells how the City discarded sterling and reclaimed its historic role as the world's foremost financial centre.

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