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AN INTERNATIONAL FINANCIAL CENTER. WHO BENEFITS?

Abstract

In recent decades we can see the rise of global financial centers on the wave of globalisation of financial operations. Alongside with traditional centers with a long history some new centers formed. What advantages get companies working in such centers and firms buying its services?
What advantages gets the recipient country? These issues are in the centre of the article.

About the Author

M. K. Belyaev
Institute of stock market and management
Russian Federation
member of the expert Council of the Institute of stock market and management


References

1. Richard Roberts. The City. A Guide to London s Global Financial Centre. The Economist Newspaper Ltd., 2004, 2008.

2. Philip Coggan. The Money Machine. How the City Works. Penguin Books, 2002.

3. William M. Clarke. How the City of London Works. Sweet and Maxwell Limited, 2008.

4. Website www.cityclub.uk.com.

5. Website www.cityoflondon.gov.uk.


Review

For citations:


Belyaev M. AN INTERNATIONAL FINANCIAL CENTER. WHO BENEFITS? MIR (Modernization. Innovation. Research). 2010;1(3(3)):26-29. (In Russ.)

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ISSN 2079-4665 (Print)
ISSN 2411-796X (Online)