The Future Of Finance: International Edition

The Future Of Finance: International Edition

Bankers and hedge fund managers are fond of saying, "If you place restrictions on our activities in New York, we'll just move elsewhere -- like London." This makes attitudes toward the financial sector in other countries -- particularly Britain -- highly relevant to the American public policy debate on financial regulation.

Is it the case that the newfound skepticism about both modern finance and its effects on the real economy is confined to the United States? Or is there a broader shift in thinking around the world, including in other leading financial centers?

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