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The Global Financial Centres Index (GFCI) ranks the competitiveness of financial centres based on over 29,000 assessments from an online questionnaire and over 100 indices from organisations such as the World Bank, the Organisation for Economic Co-operation and Development (OECD), and the Economist Intelligence Unit. The first index was ...
Prior to the 1960s, there was little data available to rank financial centres. [14]: 1 In recent years many rankings have been developed and published. Two of the most relevant are the Global Financial Centres Index and the Xinhua–Dow Jones International Financial Centres Development Index. [15]
Strength as a financial center has become one of the pre-eminent indicators of a global city's ranking. As of 2024, [36] the cities representing the top ten financial centers according to the Global Financial Centres Index by the think tank China Development Institute and analytics firm Z/Yen are: [37] New York City; London; Singapore; Hong ...
Hong Kong improved its standing among global financial centres in a newly released study, thanks to the popularity of its stock market and many cross-border trading schemes with mainland China ...
It works in the financial services, technology and voluntary sectors on research, performance review and strategic management. Founded in 1994, Z/Yen has developed the London Accord, the Global Financial Centres Index, the Global Intellectual Property Index for Taylor Wessing and Taskforce 2000 (the UK industry response to the Millennium Bug). [1]
Global Financial Centre Index [20] City of London: 3/10 cities: The GFCI is a ranking of the competitiveness of financial centres based on a number of existing indices in combination with a regular survey of senior industry figures from around the world. Hong Kong ranked third behind New York and London. IT industry competitiveness index [21]
Access to financial services is defined as the share of the adult population (population ages 15+) with an account ownership at a financial institution or with a mobile-money-service provider. The data for the ranking taken from the Global Financial Inclusion Database, which was compiled by the World Bank. Available indicators are reported for ...
Between 2004 and 2020, [2] the Global Competitiveness Report ranked countries based on the Global Competitiveness Index, [1] developed by Xavier Sala-i-Martin and Elsa V. Artadi. [3] Before that, the macroeconomic ranks were based on Jeffrey Sachs 's Growth Development Index and the microeconomic ranks were based on Michael Porter 's Business ...