Finance’s outsiders?: networks, knowledge and power beyond the City
研究了区域金融空间如何通过抵押贷款证券化与全球金融网络连接，揭示了英国抵押贷款机构在次贷危机中的暴露机制，对金融地理学者和危机研究者有参考价值。
Contemporary research on the credit crunch has often been framed through global narratives. Although these studies recognize the spread of the US subprime crisis to different nation-states, research by geographers and social scientists which explicitly examine how the crisis unfolded at different spatial scales has been limited. This article seeks to provide new insight into how regional financial spaces became connected to global financial networks. Specifically, this article investigates the deepening of relations between ‘peripheral’ and global spaces, through the social production and securitization of residential mortgages. It argues that the formation of new powerful communities of practice and the development of project ecologies to securitize mortgages enabled the cultivation of temporal trans-local relationships, exposing British mortgage lenders to the credit crunch.