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Shanghai's Development as an International Financial Center

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Author Info
James Laurenceson (School of Economics, University of Queensland, QLD 4072, Australia)
Kam Ki Tang () (School of Economics, University of Queensland, QLD 4072, Australia)

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Abstract

In 1949 Shanghai was the leading international financial center (IFC) in Asia. Recently the push of Shanghai to regain its long lost status of a regional IFC has begun to attract widespread interest. This paper first draws upon the IFC literature to highlight the factors that are considered to be important in determining the potential of a city to emerge as an IFC. Shanghai's progress is then measured against these criteria and is also placed in a comparative perspective by measuring against Hong Kong and Singapore.

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Publisher Info
Article provided by World Scientific Publishing Co. Pte. Ltd. in its journal Review of Pacific Basin Financial Markets and Policies.

Volume (Year): 08 (2005)
Issue (Month): 01 ()
Pages: 147-166
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Handle: RePEc:wsi:rpbfmp:v:08:y:2005:i:01:p:147-166

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Related research
Keywords: China; Shanghai; international financial center;

Find related papers by JEL classification:
G1 - Financial Economics - - General Financial Markets
G2 - Financial Economics - - Financial Institutions and Services
G3 - Financial Economics - - Corporate Finance and Governance

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Cécile Carpentier & Jean-François L'Her & Jean-Marc Suret, 2007. "Competition and Survival of Stock Exchanges: Lessons From Canada," CIRANO Working Papers 2007s-26, CIRANO. [Downloadable!]
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This page was last updated on 2009-12-22.

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