Brexit and Shifting Geographies of Financial Centres in Asia

Lai, Karen P.Y. and Pan, Fenghua (2018) ‘Brexit and shifting geographies of financial centres in Asia’, Geoforum.

5 Pages Posted: 22 Feb 2018

See all articles by Karen Lai

Karen Lai

National University of Singapore (NUS) - Department of Geography

Fenghua Pan

Beijing Normal University (BNU)

Date Written: January 3, 2018

Abstract

Brexit might 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 because 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.

Keywords: Brexit, financial centres, financial geography, Asia

JEL Classification: G01, O01

Suggested Citation

Lai, Karen and Pan, Fenghua, Brexit and Shifting Geographies of Financial Centres in Asia (January 3, 2018). Lai, Karen P.Y. and Pan, Fenghua (2018) ‘Brexit and shifting geographies of financial centres in Asia’, Geoforum. . Available at SSRN: https://ssrn.com/abstract=3122218

Karen Lai (Contact Author)

National University of Singapore (NUS) - Department of Geography ( email )

1 Arts Link
Singapore, 117570
Singapore

HOME PAGE: http://www.karenlai.wordpress.com

Fenghua Pan

Beijing Normal University (BNU) ( email )

19 Xinjiekou Outer St
Haidian District
Beijing, Guangdong 100875
China

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