In the United Kingdom, for example, the sheer overwhelming … - Peter Dicken

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In the United Kingdom, for example, the sheer overwhelming dominance of London makes it extremely for provincial cities to develop more than a very restricted financial function. London, in that sense, is akin to the notorious upas tree, a fabulous Javanese tree so poisonous that it destroys all life for many miles around itself.

Peter Dicken

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About Peter Dicken

Peter Dicken (born 1938) is an economic geographer who is currently an Emeritus Professor and continuing researcher into global patterns of business and globalisation, at the University of Manchester.

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Robert Gilpin Ha-Joon Chang Kenneth E. Boulding George Ritzer Kevin Kelly

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A striking feature of financial service activities during the past few decades is that the financial transactions essential to the operation of the 'real' economy has become increasingly dwarfed by speculative activity.

Significantly, the 14 most transnational firms (in terms of the TNI) originate from small countries (Switzerland, the UK, the Netherlands, Belgium, Canada)

Without the parallel development of systems of monetary - and credit-based exchange there could have been no development of economies beyond the most primitive organizational forms and the most geographically restricted sales.

In the United Kingdom, for example, the sheer overwhelming dominance of London makes it extremely for provincial cities to develop more than a very r… - Peter Dicken

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