
Contents
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Outward-oriented economic policy Outward-oriented economic policy
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Liberalisation Liberalisation
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Financial services Financial services
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Privatisation and the role of the state Privatisation and the role of the state
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Development and international trade rules Development and international trade rules
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Development and liberalisation Development and liberalisation
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Multilateralism Multilateralism
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Globalisation and the IFSL agenda Globalisation and the IFSL agenda
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Globalisation Globalisation
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In whose interest? In whose interest?
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Conclusion Conclusion
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References References
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4 Serving the ‘offshore’: the case of International Financial Services, London
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Published:April 2011
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Abstract
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.
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