Financial Geography

Financial geography is concerned with the roles of finance, money, and markets in the restructuring of contemporary capitalism, and how these changes have uneven impacts across space. Studies focus on the ways in which space and place are mobilized in shaping financial decisions, allocation of capital, regulatory frameworks of global financial markets, and development of onshore and offshore financial centers. An early political economy approach to regulation of international financial markets is later complemented by more social and cultural explanations and network approaches for analyzing the persistence and increasing importance of international financial centers as strategic basing points for global capital. Scales of analyses range from global frameworks and national financial markets to industry processes and household behavior. While much of the financial geography literature has concentrated on Anglo-American economies, recent research highlights the increasing significance of emerging economies and financial networks such as sovereign wealth funds, Islamic finance, green finance, and FinTech

Brexit and shifting geographies of financial centres in Asia

Brexit could have profound impacts on the global financial landscape, as the global economy and financial markets are increasingly inter-connected. London’s role as the top international financial centre in Europe could be threatened due to the uncertain consequences of Brexit. Therefore, the geographies of Asian financial centres might shift as a result of Brexit, since London plays a central role in the existing global financial centre networks and many Asian financial centres, such as Hong Kong and Singapore, have strong financial connections with London. On the one hand, how Asian financial centres are linked with London and other European financial centres is key to understanding the potential impacts of Brexit on them. On the other hand, the reactions to Brexit of Asian economies, in particular, China, will also influence the role of London as a financial centre

Playful finance: Gamification and intermediation in FinTech economies

This paper examines how digital gamification techniques, which incorporate video gaming elements (rather than full-fledged games) into apps, are reshaping the logics and practices of intermediation that are core to FinTech economies. First, we argue gamification brings into view socio-technical knowledges, such as behavioral science, digital marketing, and user experience (UX) and user interface (UI) design, which are increasingly important to constituting FinTech intermediation. Second, gamification features specialist firms that are presently overlooked by research into the roles of changing advanced producer services (APS) complexes in FinTech and financial intermediation. Third, gamified apps are deployed to advance competitive intermediary positions which playfully capture user attention and configure user behavior, contrasting with FinTech strategies that typically promise users’ ease of access, reduced transaction costs and personalized products and services. We illustrate these arguments through three firm-level case studies from across Asia, where the development of gamified FinTech apps has been especially prominent

Coming to Your Senses: Promoting Critical Thinking about Sensors through Playful Interaction in Classrooms

Learning through exploration is assumed to be a powerful way of introducing children to computer science concepts. However, it is uncertain how exploring physical computing toolkits can promote movement between conceptual knowledge and abstract reflection, and lead to critical thinking about technology. We investigated how children aged 9-11 years explored and reasoned about personal and environmental data sensors, using a playful exploration-based physical toolkit in their classroom. We report on the ways in which critical thinking about sensor accuracy and reliability developed through reflective dialogue and playful interaction, taking into account the support structures embedded in the classroom. Finally, we discuss strategies for designing exploration-based learning for classroom settings, to promote critical thinking about data sensing

PENERAPAN METODE TAM (TECHNOLOGY ACCEPTANCE MODEL) DALAM MENGUKUR PENERIMAAN APLIKASI SIMPATI KOTA DI BKSDPM SURAKARTA

BKPSDM Surakarta merupakan bagian dari Pemerintah Kota Surakarta yang berwewenang dalam pelaksanaan evaluasi dan pelaporan bidang kepegawaian serta pengembangan sumber daya manusia, salah satunya yaitu mutasi pegawai. Saat ini BKPSDM Surakarta telah menggunakan aplikasi SIMPATI KOTA (Sistem Mutasi Pegawai Antar Daerah Terintegrasi) yang dirancang untuk mempermudah kegiatan permutasian pegawai. Dengan adanya aplikasi ini, maka penulis melakukan penelitian yang bertujuan untuk mengukur tingkat penerimaan pegawai dalam menggunakan aplikasi tersebut. Dalam penelitian ini penulis menggunakan metode TAM (Technology Acceptance Model) untuk mengetahui apakah aplikasi SIMPATI KOTA telah diterima dengan baik oleh pengguna. Jenis penelitian kali ini yaitu deskriptif kuantitatif. Untuk menganalisa dan mengolah data, penulis menggunakan software SPSS dan SMARTPLS. Hasil penelitian kali ini dari 6 hipotesis yang diajukan terdapat satu hipotesis ditolak, dan lima hipotesis lainnya diterima. Hipotesis yang ditolak yaitu persepsi kegunaaan tidak berpengaruh terhadap perilaku pengguna dalam penggunaan SIMPATI KOTA

Approaches to 'markets': the development of Shanghai as an international financial centre

This thesis opens up the black box of ‘markets’ by scrutinising the process of market formation and examining its complexities in the context of Shanghai’s development as an international financial centre. The financial markets in Shanghai are framed, understood and acted upon differently by the Chinese local and central governments, regulatory institutions, local and foreign financial institutions and transnational interests. The construction of a financial centre in Shanghai is thus not only an outcome of its own historical context and development trajectory but also intrinsically bound up with the interests and decisions of other agencies acting across spatial scales and negotiated amidst conflicts of interests and power struggles. Based on empirical research that includes field observations of financial markets development in Shanghai, archival research and personal interviews conducted with local and foreign financial institutions, and Chinese government and regulatory officials in Shanghai (with some conducted in London), this study focuses on the banking sector, the securities market and strategies of foreign banks as they negotiate between the local regulatory environment and market conditions and the wider context of their global operations and strategies. I examine the relationship between state institutions and global finance capital in Shanghai and tease out how these different ‘framings’ of markets are played out in Shanghai. In doing so, I critically engage with the concept of ‘markets’ and ‘from-plan-to-market’ economy to expose its multiple identities and conceptualisations and the contested nature of the ‘marketisation’ process. I also analyse the factors contributing to Shanghai’s success, identify future challenges and highlight the complementary roles played by Shanghai as a ‘business and commercial centre’, Beijing as a ‘political centre’ and Hong Kong as an ‘offshore financial centre’

World cities under conditions of digitization and platform capitalism: Updating the advanced producer services complex

This themed issue showcases contributions that study how processes of digitization and platformization are reshaping the intermediary role and operations of advanced producer services (APS). It places these alterations against the backdrop of earlier rounds of APS ‘shapeshifting’ amid globalization and financialization. This introduction to the themed issue outlines the main dimensions of these shifts affecting APS: geographical changes, sectoral and functional changes, organizational changes, and strategic-institutional changes. Reflecting on the themed issue contributions, we posit that digitization and platformization are rapidly altering APS as organizations, but there is little evidence for a wholesale loss of their intermediary function. In geographical terms, we observe that the platformization of APS is generating networked dependence of world cities on tech centres, further entangling APS intermediation with wider geopolitical concerns about technological sovereignty

Approaches to 'markets': the development of Shanghai as an international financial centre

This thesis opens up the black box of ‘markets’ by scrutinising the process of market formation and examining its complexities in the context of Shanghai’s development as an international financial centre. The financial markets in Shanghai are framed, understood and acted upon differently by the Chinese local and central governments, regulatory institutions, local and foreign financial institutions and transnational interests. The construction of a financial centre in Shanghai is thus not only an outcome of its own historical context and development trajectory but also intrinsically bound up with the interests and decisions of other agencies acting across spatial scales and negotiated amidst conflicts of interests and power struggles. Based on empirical research that includes field observations of financial markets development in Shanghai, archival research and personal interviews conducted with local and foreign financial institutions, and Chinese government and regulatory officials in Shanghai (with some conducted in London), this study focuses on the banking sector, the securities market and strategies of foreign banks as they negotiate between the local regulatory environment and market conditions and the wider context of their global operations and strategies. I examine the relationship between state institutions and global finance capital in Shanghai and tease out how these different ‘framings’ of markets are played out in Shanghai. In doing so, I critically engage with the concept of ‘markets’ and ‘from-plan-to-market’ economy to expose its multiple identities and conceptualisations and the contested nature of the ‘marketisation’ process. I also analyse the factors contributing to Shanghai’s success, identify future challenges and highlight the complementary roles played by Shanghai as a ‘business and commercial centre’, Beijing as a ‘political centre’ and Hong Kong as an ‘offshore financial centre’