Is the Banking and Financial System Changing the Social and Political Global Dimension?

Abstract

This paper aims to demonstrate how banking and financial centres, which are not formal political decision-makers, are gaining a growing and significant role in the social and political dimension. By focusing on the contemporary dominance of banks and financial centres, as opposed to an unduly narrow focus on their vital role in the interactions between nations, this study contributes to the much-needed conversation about the influence of non-State players in the social and political dimension. The case studies of banks involved in State and inter-State policy will be analysed using the theoretical framework presented in this thesis. The case study of PNB Paribas, which was allegedly involved in the Sudan war in 2002, by influencing political decision-makers and, as a result, changing political outcomes, will receive the majority of attention.