Financial services have been standing out as major activities of large metropolis for centuries. Their localization is the result of constant competitive pressure among these cities. From this importance derives the frequent confusion between finance and town as in the “City” of London and summarized in the notion of “financial centre”. The localization of international financial centres has been anciently and constantly contested among major cities and countries. A financial centre emerges from a central location, through the aggregation of competences and services, under both competition and cooperation. A financial centre emerges slowly, thanks to the development of specialized services in banking, financial markets, supervision and specialized information, all embedded into national and international networks. It must be considered has a cluster or a district, coordinating resources, competences, organizations and demand. The long-term study of financial centres – social, economical, juridical, geographical and historical – is the purpose of this workshop.

Les places financières comme pôles de compétitivité

Financial Centers as Competing Clusters

30 Janvier 2008 / January 30th, 2008
Paris, Université Paris 10 – La Défense
8.45 AM – 6.30 PM
Bâtiment K – Salle des Colloques (RDC – Basement)
Papiers Téléchargeables - Downloadable Papers
http://web.mac.com/patrice14/iWeb/HistoireFinanciere/PPF-30_1_08.html
http://www.pse.ens.fr/hautcoeur/ppf/index.html

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8.45
Accueil / Meeting
Café / Coffee

9.00
Discours d’accueil / Meeting Speech
Michel Lescure
Prof. Université Paris 10 – La Défense

9.15
1ère Session 1st
Les centres financiers dominants en longue durée
Leading financial centres in the long run

Présidence / Chair : Prof. Youssef Cassis

9.20
E. White
Competition among the Exchanges before the SEC : Was the NYSE a natural Hegemon ?

9.25
A. Riva
Discussion

9.40
R. Michie, S.M. Mollan
Networks and Clusters : the City of London as a Global Financial Centre since 1870

9.45
R. Jonker
Discussion

10.00
R. Roberts
The London Financial Services Cluster Since the 1970s : Expansion, Development and Internationalization

10.05
M. Lescure
Discussion

10.20
general discussion générale
Y. Cassis

11.20
Pause
Café / Coffee

11.50
2e Session 2nd
Relations sociales, mimétisme et centres financiers
Social relationships, mimetism and financial centres

Présidence / Chair : Prof. Eric Brian

11.55
S. Jallouli-Sellami
Equity Home Bias, Herding Behavior and Social Interaction – Mutual Fund Analysis

12.00
G. Gallais-Hamonno
Discussion

12.15
Y. Tadjeddine
Localisation des hedge funds : l’importance de la sociabilité

12.20
O. Godechot
Discussion

12.35
E. Brian
general discussion générale

13.15
Pause
Déjeuner / Lunch

14.30
3e Session 3rd
La position des centres secondaires ou dépendants
Secondary or dependent centers position

Présidence / Chair : Prof. Alain Plessis

14.35
S. Battilossi, S. Houpt
Risk, Return and Volume in an Emerging Stock Market : The Bilbao Stock Exchange, 1916-1936

14.40
G. Capelle-Blancard
Discussion

14.55
J. Euwe
Amsterdam as an International Financial Centre, 1914-1933 : A Consequence of Interwoven Economies ?

15.00
P.-C. Hautcœur
Discussion

15.15
M. Mazbouri
L’Affirmation Internationale de la Place Financière Suisse, 1900-1930

15.20
P. Baubeau
Discussion

15.35
A. Plessis
general discussion générale

16.35
Pause
Boissons / Drinks

17.05
4e Session 4th
Dématérialisation et logiques territoriales
Virtualization and territory dynamics

Présidence / Chair : Prof. Michel Boutillier

17.10
G. Capelle-Blancard
La localisation des activités financières dans l’Union Européenne

17.15
L. Quenouelle
Discussion

17.30
E. Engelen
The virtualisation of an Equity Exchange: explaining the decline of the Amsterdam Financial Centre

17.35
M. Sainteville
Discussion

17.50
M. Boutillier
general discussion générale

18.20
Conclusions
Pierre-Cyrille Hautcœur

18.30
Clôture / End

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Comité Scientifique : Patrice Baubeau, Pierre-Cyrille Hautcoeur, Michel Lescure, Gilles Postel-Vinay, Angelo Riva

Comité d’Organisation : Patrice Baubeau, Angelo Riva