Geofinance between Political and Financial Geographies
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Geofinance between Political and Financial Geographies

A Focus on the Semi-Periphery of the Global Financial System

Edited by Silvia Grandi, Christian Sellar and Juvaria Jafri

This edited collection explores the boundaries between political and financial geographies, focusing on the linkages between the changing strategies, policies and institutions of the state. It also investigates banks and other financial institutions affected by both state policies and a globalizing financial system, and the financial resources available to firms as well as households. In so doing, the book highlights how an empirical focus on the semi-periphery of the financial system may generate new perspectives on the entanglement between (geo) politics and finance.
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Chapter 6: Italian banks and business services as knowledge pipelines for SMEs: examples from Central and Eastern Europe

Christian Sellar


There are few analyses available on the role of finance and business consultancies in post-socialist economic geographies and even fewer on the internationalization of small and medium enterprises (SMEs). Both of these issues are addressed in this chapter which focuses on Italian banks and business services with relationships to SME outsourcing practices in Central and Eastern Europe. The basic premise of this chapter is that there is a nexus between the internationalization of banks, services and SMEs when analysed within the framework of the Uppsala internationalization process model. Specifically, banks and services allow the mobilization of resources forming knowledge pipelines between Italian firms and Central and Eastern European regional economies.

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