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Hong Kong As An International Financial Centre:

Essay specific features

 

Issue:

Social Issues

 

Written by:

Danny S

 

Date added:

August 18, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

46 / 12631

 

Was viewed:

4396 times

 

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Essay content:

We also explore the determinants of the competitiveness of IFCs in an analytical and empirical framework. Our findings suggest that, in addition to the pull factors of the IFC, push or demand factors from the economies importing financial services from the IFC are also important. The rise of Mainland China represents a potentially important push factor for the demand for financial services exports from Hong Kong, and hence its status as an IFC...
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First, these measures reflect, apart from international financial activities, domestically-oriented activities. Secondly, their measurements of the status of IFCs are limited to the concentration of financial market activity. Thirdly, due to data limitations, these measures are compared on a country rather than on a city level on which activities of an IFC should be based...
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General issues of this essay:
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