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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)

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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Bibliographic 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;

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Cited by:
  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.

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