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Globalisation and Ideology in BritainNeoliberalism, Free Trade and the Global Economy$
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Craig Berry

Print publication date: 2011

Print ISBN-13: 9780719084881

Published to Manchester Scholarship Online: July 2012

DOI: 10.7228/manchester/9780719084881.001.0001

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

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

Chapter:
(p.99) 4 Serving the ‘offshore’: the case of International Financial Services, London
Source:
Globalisation and Ideology in Britain
Author(s):

Craig Berry

Publisher:
Manchester University Press
DOI:10.7228/manchester/9780719084881.003.0005

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

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