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Magnetic attractions

Article Abstract:

Several factors contribute to the formation of an international finance center, such as economies of scale in which financial services are concentrated. There are factors that offset the growth of financial centers, such as the huge costs they require to operate.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992

Economic aspects, International economic relations

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Rise and fall

Article Abstract:

Competition between international financial centers is largely focused in the area of capital markets. Statistics show that London, New York, and Tokyo are leading centers in the areas of international bank lending and stockmarket turnover.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992

Statistics

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Subjects list: Financial services industry, Financial services, International aspects, International finance

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