Chapter

Serving the ‘offshore’: the case of International Financial Services, London

Craig Berry

in Globalisation and Ideology in Britain

Published by Manchester University Press

Published in print April 2011 | ISBN: 9780719084881
Published online July 2012 | e-ISBN: 9781781701850 | DOI: http://dx.doi.org/10.7228/manchester/9780719084881.003.0005
Serving the ‘offshore’: the case of International Financial Services, London

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This chapter notes that the IFSL is obviously closely associated with neoliberal ideology. It is a membership organisation for financial service providers—the focus here is on its leadership and secretariat. IFSL is strongly committed to trade liberalisation and valorises an open global economy. The second section of this chapter looks at IFSL's understanding of development, trade rules and multilateralism. The third section looks directly at the concept of globalisation and asks what can be inferred from IFSL's use of the term in relation to various issues and policies, focusing in particular on spatial connotations. The discussion considers the implications of the financial crisis upon IFSL's discourse throughout.

Keywords: IFSL; neoliberalism; trade liberalisation; open global economy; multilateralism; financial crisis

Chapter.  8731 words. 

Subjects: UK Politics

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