London and Paris as International Financial Centres in th...
Cassis, Youssef / Bussière, Éric London and Paris, the world's two leading financial centers in the nineteenth century, experienced differing fortunes during the twentieth century. While London remained an international financial center, Paris' influence declined. Yet over the last twenty years deregulation, internationalization, and the advent of the single currency have reactivated their competition in ways reminiscent of their old rivalry before the First World War.This bo...