Jump to ContentJump to Main Navigation
The Global Stock MarketIssuers, Investors, and Intermediaries in an Uneven World$
Users without a subscription are not able to see the full content.

Dariusz Wójcik

Print publication date: 2011

Print ISBN-13: 9780199592180

Published to Oxford Scholarship Online: September 2011

DOI: 10.1093/acprof:oso/9780199592180.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 18 January 2021

The Map of the Global Stock Market Redrawn: Stock Market Centres and their Future

The Map of the Global Stock Market Redrawn: Stock Market Centres and their Future

(p.151) 8 The Map of the Global Stock Market Redrawn: Stock Market Centres and their Future
The Global Stock Market

Dariusz Wójcik

Oxford University Press

Chapter 8 summarizes the argument of the book, proposing a theory of stock market centres, understood as concentrations of stock market intermediaries, investors, and issuers' headquarters, operating through a global network. The theory is supported with evidence presented in Chapters 1–7, as well as new empirical evidence on the size and evolution of stock market centres in the six largest economies of the world: the United States, China, Japan, Germany, France, and the United Kingdom. In this way, the book completes the journey from the map of stock markets focused on countries to a more complex, but also truer map on which cities play a key part. The chapter finishes with speculations about the implications of the theory of stock market centres, as well as other theoretical and empirical findings of the book, for the future of the global stock market and cities.

Keywords:   stock market, globalization, global city, agglomeration, global network, financial centres, policy, future

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .