1 Read eBook for: international banking and financial centers [PDF]

International Banking And Financial Centers

International Banking and Financial Centers PDF

Get This Book

Author: Yoon S. Park
Publisher: Springer Science & Business Media
ISBN: 9400925042
Size: 26.33 MB
Format: PDF, Docs
Category : Business & Economics
Languages : en
Pages : 272
View: 3721


The development of international financial centers (IFCs) has paralleled the rapid expansion of international banking and Eurocurrency activities. During the past decade and a half, the international banking and financial markets have experienced phenomenal growth along with the parallel expansion of IFCs. The size of the Eurocurrency market grew from $110 billion in 1970 to over $4,000 billion by 1987, while the total international assets of all banking institutions rose from $130 billion to $4,800 billion during the same period. Some of the preeminent IFCs are playing a major role in the international financial markets, as demonstrated by the size of their international assets: Bahamas ($144 billion), Cayman Islands ($174 billion), Singapore ($150 billion), Hong Kong ($130 billion), Bahrain ($46 billion), and Panama ($32 billion). The patterns of Euroborrowing and Eurolending activities in these IFCs have been undergoing major changes. These changes came about as a result of the introduction of the floating exchange rate system in 1973, recent financial deregulation, internationalization of the financial markets, securitization of financial assets and liabilities, and global financial innovations. Since the pioneering work of Kindleberger in 1974 on the formation of financial centers, there has not been a comprehensive study to reflect the recent developments, trends and the mystique that have surrounded the IFCs' functions and operations in the international money and capital markets.

Economic Rationale And Consequences Of International Banking And Financial Centers

Economic Rationale and Consequences of International Banking and Financial Centers PDF

Get This Book

Author: Sang-Rim Choi
Publisher:
ISBN:
Size: 14.84 MB
Format: PDF, ePub, Mobi
Category : Banks and banking, International
Languages : en
Pages : 182
View: 3599


This study reviews previous research on this topic, examines the different sets of terminology used by other authors, and then presents a proposal for future uses of the terms.

Economic Rationale And Consequences Of International Banking And Financial Centers

Economic Rationale and Consequences of International Banking and Financial Centers PDF

Get This Book

Author: Sang-Rim Choi
Publisher:
ISBN:
Size: 25.97 MB
Format: PDF, Mobi
Category : Banks and banking, International
Languages : en
Pages : 182
View: 3734


This study reviews previous research on this topic, examines the different sets of terminology used by other authors, and then presents a proposal for future uses of the terms.

Financial Markets And Institutions A Comparison Of China And International Financial Centers

Financial markets and institutions  A comparison of China and international financial centers PDF

Get This Book

Author: Nadiia Kudriashova
Publisher: GRIN Verlag
ISBN: 3668911452
Size: 47.15 MB
Format: PDF, Mobi
Category : Business & Economics
Languages : en
Pages : 18
View: 4146


Essay from the year 2017 in the subject Economics - Finance, grade: MA, Yale University, language: English, abstract: International Finance Center (IFC) are an integral part of the modern international financial economy. One of its basic components is the availability of developed national financial markets, actively interacting with similar markets in other countries. As an example, the United States can lead the UK, Japan, in economic development which play an important role the financial markets, and the major cities of these countries (New York, London, Tokyo), are the major international financial centers. Cities can be seen as the gateway to the global economy. They are important for the functioning of both national and global economy, since they are concentrated huge financial, informational and intellectual resources, based most of the major industrial, commercial, financial and service companies, specialized credit and financial institutions and banks. In addition to traditional MFC in the last decades of the 20th century a number of new financial centers competing for the role of international. The acceleration of globalization and especially its financial component, led to an increase in strength and influence regional financial centers, in particular, such as Hong Kong (Hong Kong). The financial market of China, which is traditionally considered to be emerging financial markets have long been a mature international financial centers that have an impact not only on the regional economy, but also in the distribution of global capital flows. The study of the functioning of the MFC, their development trends is the most important area for the understanding of the new global economy, its characteristics and movement mechanisms. At the same time identifying new trends in the development of Asian financial centers, particularly their inclusion in the competition for international corporations have mastered the financial market, is both scientific and practical interest. This makes it possible to identify local features of financial globalization as a result of the connection and the active development of the Asia-Pacific Economic Space with new financial centers, show their role, prospects and competitiveness in the global economy. Of particular importance is the study of the development of Chinese financial market, especially given the fact that the IMF has recognized the yuan a freely usable currency, reflecting the expanding role of China in world trade, a significant increase in the use of the yuan in the international scale and the growth of operations with it.

Business Relationships With East Asia

Business Relationships with East Asia PDF

Get This Book

Author: Jim Slater
Publisher: Routledge
ISBN: 1134776551
Size: 58.19 MB
Format: PDF, Docs
Category : Social Science
Languages : en
Pages : 288
View: 856


This volume analyses the business environment in East Asia with reference to trade and investment flows within the region and between East Asia and Europe. Focusing on the two-way flow of management ideas, investment and technology, this study highlights the way in which both sides can benefit.

International Banking And Financial Market Developments

International Banking and Financial Market Developments PDF

Get This Book

Author:
Publisher:
ISBN:
Size: 79.48 MB
Format: PDF, ePub
Category : Banks and banking, International
Languages : en
Pages :
View: 5458



H R 1062 The Financial Services Competitiveness Act Of 1995 Glass Steagall Reform And Related Issues Revised H R 18

H R  1062  the Financial Services Competitiveness Act of 1995  Glass Steagall Reform  and Related Issues  revised H R  18  PDF

Get This Book

Author: United States. Congress. House. Committee on Banking and Financial Services
Publisher:
ISBN:
Size: 71.25 MB
Format: PDF, ePub
Category : Banking law
Languages : en
Pages :
View: 7614



Financial Modernization

Financial Modernization PDF

Get This Book

Author: United States. Congress. House. Committee on Banking and Financial Services
Publisher:
ISBN:
Size: 62.30 MB
Format: PDF, Docs
Category : Banks and banking
Languages : en
Pages :
View: 3183



The International Origins Of The Federal Reserve System

The International Origins of the Federal Reserve System PDF

Get This Book

Author: J. Lawrence Broz
Publisher: Cornell University Press
ISBN: 9780801433320
Size: 47.81 MB
Format: PDF, Kindle
Category : Business & Economics
Languages : en
Pages : 269
View: 4899


The argument in this book is of very great interest for understanding current battles over financial institutions around the world. And it is of great interest to students of institutional creation and design more broadly.--Political Science Quarterly

Banking Secrecy And Offshore Financial Centers

Banking Secrecy and Offshore Financial Centers PDF

Get This Book

Author: Mary Alice Young
Publisher: Routledge
ISBN: 0415526329
Size: 77.85 MB
Format: PDF, Mobi
Category : Law
Languages : en
Pages : 190
View: 5390


This book brings together the issues surrounding banking secrecy and confiscation of criminal proceeds. The book examines the existing legal agreements at the international, regional and national levels and their interaction in the substantive areas of confiscation, anti-money laundering and banking confidentiality laws. It looks at how these agreements have been applied in offshore financial centers and demonstrates that despite a number of legally binding UN Conventions as well as global anti-money laundering recommendations, the implementation of them is often lukewarm by those Parties who have ratified the Convention and adopted obligations, because of this the confiscation legislation is incompatible with strict banking confidentiality laws. The work draws on the experience of criminologists to offer critical insight into the legislative frameworks designed to deal with banking secrecy and confiscation in offshore financial centers. It goes on to offer suggestions for measures that may be taken by major economies to circumvent the lack of cooperation by offshore financial centers as intolerance towards money laundering grows in light of recent political and economic events. This book will be of particular interest to students and scholars of Law, Finance and Criminology.

Explaining Monetary And Financial Innovation

Explaining Monetary and Financial Innovation PDF

Get This Book

Author: Peter Bernholz
Publisher: Springer
ISBN: 3319061097
Size: 24.97 MB
Format: PDF, Docs
Category : Business & Economics
Languages : en
Pages : 366
View: 1536


This book discusses theories of monetary and financial innovation and applies them to key monetary and financial innovations in history – starting with the use of silver bars in Mesopotamia and ending with the emergence of the Eurodollar market in London. The key monetary innovations are coinage (Asia minor, China, India), the payment of interest on loans, the bill of exchange and deposit banking (Venice, Antwerp, Amsterdam, London). The main financial innovation is the emergence of bond markets (also starting in Venice). Episodes of innovation are contrasted with relatively stagnant environments (the Persian Empire, the Roman Empire, the Spanish Empire). The comparisons suggest that small, open and competing jurisdictions have been more innovative than large empires – as has been suggested by David Hume in 1742.

Finance And Financiers In European History 1880 1960

Finance and Financiers in European History 1880 1960 PDF

Get This Book

Author: Youssef Cassis
Publisher: Cambridge University Press
ISBN: 9780521893732
Size: 14.48 MB
Format: PDF
Category : Business & Economics
Languages : en
Pages : 464
View: 2184


A highly distinguished team of contributors addresses the complex and crucial role of finance in European history during the period 1880-1960.

Back to Top