By J. J. Woo
This booklet presents an research of Singapore’s improvement and good fortune as a world monetary centre (IFC). Chapters display how Singapore performs a serious function in either Asian and worldwide monetary markets, regardless of its quite small geographic measurement. the writer focuses particularly at the elements that experience contributed to the city-state’s good fortune and discusses the coverage classes that may be derived from it. The e-book describes the ancient, spatial, political and coverage elements that contributed to Singapore’s improvement as a number one Asian monetary centre and international urban, and should be of curiosity to either coverage students and practitioners.
Read or Download Singapore as an International Financial Centre: History, Policy and Politics PDF
Best banks & banking books
Reforming the World Bank: Twenty Years of Trial - and Error
Within the many reviews of the realm financial institution a serious factor has been ignored. whereas writers have checked out the Bank's political economic system, lending, stipulations, suggestion, possession and accounting for matters comparable to the surroundings, this learn appears on the financial institution as a company - if it is manage to do the task it truly is alleged to do and, if now not, what might be performed approximately it.
The Art of Better Retail Banking: Supportable Predictions on the Future of Retail Banking
"This new ebook on retail banking is either readable and leading edge. Its research is strangely obtainable in its type, and the book's conclusions and predictions could be rightly idea upsetting. the client is gaining genuine strength and this new book's insights at the value of management, the necessity to unharness creativity and to make a bank's IT and other people source interact extra successfully for shopper pride are vital tips that could the form of destiny aggressive differentiation.
Financial Crisis and Bank Management in Japan (1997 to 2016): Building a Stable Banking System
This booklet explores the demanding situations confronted through the japanese financial system and the japanese banking following the monetary hindrance that emerged round the flip of the final millennium. the writer explores how the japanese monetary quandary of the overdue Nineteen Nineties engendered large restructuring efforts within the banking undefined, which ultimately resulted in much more sweeping adjustments of the industrial approach and long term deflation within the 2000s.
- Financial Institutions and Markets: 2007-2008 -- The Year of Crisis
- Banking Governance, Performance and Risk-Taking: Conventional Banks vs Islamic Banks (Innovation, Entrepreneurship and Management)
- Managing the Real and Fiscal Effects of Banking Crises (World Bank Discussion Papers)
- Managed by the Markets: How Finance Re-Shaped America
- Pricing and Liquidity of Complex and Structured Derivatives: Deviation of a Risk Benchmark Based on Credit and Option Market Data (SpringerBriefs in Finance)
- Handbook of Anti-Money Laundering
Extra info for Singapore as an International Financial Centre: History, Policy and Politics
Sample text
405–406) has noted that a financial centre can be subregional, regional, or global in nature, depending on the geographic reach of the financial services it provides. A full-fledged IFC, by virtue of its central position within global financial flows, must therefore act as a global centre or, at the very least, a regional centre providing financial services to a specific geographical region. 416). This recognition of the spatiality and geography of IFCs has served to reiterate the urban setting in which an IFC is situated as well as the interurban relations and competition that has ensued with growing competition among IFCs.
The preeminence of international financial centers. New York: Praeger. , 1995. Small Place, Big Money: The Cayman Islands and the International Financial System. Economic Geography, 71 (3), 237. A. , 2012. Financial centers in the Asia-pacific region: an empirical study on australia, Hong Kong, Japan and Singapore. PSL Quarterly Review, 58 (232), 21–50. , 1996. Whose City Is It? Globalization and the Formation of New Claims. Public Culture, 8 (2), 205–223. , 1999. Global Financial Centers. Foreign Affairs, 78, 75–87.
Paradoxically, such spatial organization and ‘territorial centralization’ of key economic transactions and activities within global cities comes amid a ‘spatial dispersal of economic activities’ arising from globalization and advances in communications technology (Sassen 1996, pp. 205–207). J. WOO ment functions across national boundaries has given rise to a need for more centralized control over these dispersed economic activities. In other words, the existence of an IFC is predicated upon this paradoxical dual movement of territorial centralization and spatial dispersal of financial and economic activities.