Evolution of the City of London as a Global Financial Center

The chapter explores the transformation of the City of London from the Cold War era to the aftermath of the 2008 crash, highlighting its shift into a key global financial hub through historical events like the financial crash and the rise of the euro-dollar system. It delves into the resilience of London amidst geopolitical shifts and the Eurozone crisis, discussing its role as an offshore financial center for the United States and Europe. The intersection of geopolitics and finance, along with the city's stability post-crises and evolving relationships with Gulf states, is also examined.