Dismantling Londongrad: the dark geography of dirty money

Morgan, Kevin ORCID: https://orcid.org/0000-0002-2933-2231 and Kinossian, Nadir 2023. Dismantling Londongrad: the dark geography of dirty money. European Planning Studies 32 (1) , pp. 169-185. 10.1080/09654313.2023.2221283

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Abstract

Londongrad is at once a place, a process and a paradox. As a place, it refers to the manifold ways in which London has acquired a reputation for being a safe harbour for dirty money largely on account of a secure system of property rights, a cluster of professional enablers and a neoliberal politics that actively cultivated it. As a process, it illustrates the premier role that London plays in the global system of secrecy jurisdictions. As a paradox it signals the bizarre alignment of two nominally opposed systems, authoritarian state capitalism in Russia and neoliberal capitalism in the UK. Before the war in Ukraine, it was tacitly assumed that Londongrad was impervious to reform because no single political jurisdiction had the reach or the remit to confront this baroque system. Dismantling Londongrad is therefore a belated attempt to regulate the dark geography of dirty money.

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Geography and Planning (GEOPL)
Publisher:	Taylor and Francis Group
ISSN:	0965-4313
Date of First Compliant Deposit:	12 April 2023
Date of Acceptance:	25 May 2023
Last Modified:	16 Jan 2024 15:17
URI:	https://orca.cardiff.ac.uk/id/eprint/158660

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