Difference between revisions of "ZYen:Global Financial Centres Index"

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[[File:GFCI11 frontcover.jpg|thumb|174px|[http://www.longfinance.net/Publications/GFCI%2011.pdf Download GFCI 11]]]
 
== Overview ==
 
== Overview ==
−
After a year of trials, in 2006 the City of London Corporation and Z/Yen Group launched a ranking for financial centres, the Global Financial Centres Index (GFCI).  The GFCI is an ‘index of indices’, based on a number of existing rankings, in combination with a regular survey of senior industry figures.  Published every six months, the GFCI is dynamic, tracking the changing perceptions of cities as financial centres on an ongoing basis.
+
 
 +
After a year of trials, in 2006 the City of London Corporation and Z/Yen Group launched a ranking for financial centres, the [[ZYen:Global Financial Centres Index|Global Financial Centres Index]] (GFCI).  The GFCI is an ‘index of indices’, based on a number of existing rankings, in combination with a regular survey of senior industry figures.  Published every six months, the GFCI is dynamic, tracking the changing perceptions of cities as financial centres on an ongoing basis.
  
 
== Method ==
 
== Method ==
Line 36: Line 38:
 
keep the GFCI up-to-date with people’s
 
keep the GFCI up-to-date with people’s
 
changing assessments.
 
changing assessments.
 +
 +
== Key areas ==
 +
The ''people index'' summarises the availability of a skilled workforce, the flexibility of the labour market, the quality of the business education and the skillset of the workforce. The ''business environment'' aggregates and values the regulation, tax rates, levels of corruption, economic freedom and how difficult in general it is to do business. To measure regulation an online questionnaire has been used. The ''market access'' index looks at the various equities and bonds available. The volume and value of trading but also the cluster effect of the number of different financial service companies at the location influence the index. The ''infrastructure'' index furthermost accounts to the price of real estate at the location. Other factors such as public transport have a minor impact. ''General competitiveness'' relies on more traditional economic factors as price level, quality of life and economic sentiment.
 +
 +
== Industry sectors ==
 +
The ranking does sub rankings in the main area of financial services as banking, asset management, insurance, professional services, government and regulation.
  
 
== Results ==
 
== Results ==
Line 41: Line 49:
  
 
==Centres==
 
==Centres==
−
Below is a list of all the financial centres ranked in the Global Financial Centres Index.
+
Below is a list of all the financial centres ranked in the [[ZYen:Global Financial Centres Index|Global Financial Centres Index]].
  
 
{| class="wikitable" border="1"
 
{| class="wikitable" border="1"
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! Centre
 
! Centre
 
|-
 
|-
−
| [[London]]
+
| [[FinancialCentreFutures:London|London]]
 
|-
 
|-
−
| [[New York]]
+
| [[FinancialCentreFutures:New York|New York]]
 
|-
 
|-
−
| [[Hong Kong]]
+
| [[FinancialCentreFutures:Hong Kong|Hong Kong]]
 
|-
 
|-
−
| [[Singapore]]
+
| [[FinancialCentreFutures:Singapore|Singapore]]
 
|-
 
|-
−
|[[Tokyo]]
+
|[[FinancialCentreFutures:Tokyo|Tokyo]]
 
|-
 
|-
−
| [[Chicago]]
+
| [[FinancialCentreFutures:Chicago|Chicago]]
 
|-
 
|-
−
| [[Zurich]]
+
| [[FinancialCentreFutures:Zurich|Zurich]]
 
|-
 
|-
−
| [[Geneva]]
+
| [[FinancialCentreFutures:Geneva|Geneva]]
 
|-
 
|-
−
| [[Shenzhen]]
+
| [[FinancialCentreFutures:Shenzhen|Shenzhen]]
 
|-
 
|-
−
|[[Sydney]]
+
|[[FinancialCentreFutures:Sydney|Sydney]]
 
|-
 
|-
−
| [[Shanghai]]
+
| [[FinancialCentreFutures:Shanghai|Shanghai]]
 
|-
 
|-
−
|[[Toronto]]
+
|[[FinancialCentreFutures:Toronto|Toronto]]
 
|-
 
|-
−
|[[Frankfurt]]
+
|[[FinancialCentreFutures:Frankfurt|Frankfurt]]
 
|-
 
|-
−
|[[Boston]]
+
|[[FinancialCentreFutures:Boston|Boston]]
 
|-
 
|-
−
|[[Beijing]]
+
|[[FinancialCentreFutures:Beijing|Beijing]]
 
|-
 
|-
−
|[[San Francisco]]
+
|[[FinancialCentreFutures:San Francisco|San Fransisco]]
 
|-
 
|-
−
|[[Washington D.C]]
+
|[[FinancialCentreFutures:Washington D.C|Washington D.C]]
 
|-
 
|-
−
|[[Jersey]]
+
|[[FinancialCentreFutures:Jersey|Jersey]]
 
|-
 
|-
−
|[[Luxembourg]]
+
|[[FinancialCentreFutures:Luxembourg|Luxembourg]]
 
|-
 
|-
−
|[[Paris]]
+
|[[FinancialCentreFutures:Paris|Paris]]
 
|-
 
|-
−
|[[Taipei]]
+
|[[FinancialCentreFutures:Taipei|Taipei]]
 
|-
 
|-
−
|[[Guernsey]]
+
|[[FinancialCentreFutures:Guernsey|Guernsey]]
 
|-
 
|-
−
|[[Vancouver]]
+
|[[FinancialCentreFutures:Vancouver|Vancouver]]
 
|-
 
|-
−
|[[Isle of Man]]
+
|[[FinancialCentreFutures:Isle of Man|Isle of Man]]
 
|-
 
|-
−
|[[Dubai]]
+
|[[FinancialCentreFutures:Dubai|Dubai]]
 
|-
 
|-
−
|[[Montreal]]
+
|[[FinancialCentreFutures:Montreal|Montreal]]
 
|-
 
|-
−
|[[Melbourne]]
+
|[[FinancialCentreFutures:Melbourne|Melbourne]]
 
|-
 
|-
−
|[[Seoul]]
+
|[[FinancialCentreFutures:Seoul|Seoul]]
 
|-
 
|-
−
|[[Edinburgh]]
+
|[[FinancialCentreFutures:Edinburgh|Edinburgh]]
 
|-
 
|-
−
|[[Cayman Islands]]
+
|[[FinancialCentreFutures:Cayman Islands|Cayman Islands]]
 
|-
 
|-
−
|[[Dublin]]
+
|[[FinancialCentreFutures:Dublin|Dublin]]
 
|-
 
|-
−
|[[Hamilton]]
+
|[[FinancialCentreFutures:Hamilton|Hamilton]]
 
|-
 
|-
−
|[[Munich]]
+
|[[FinancialCentreFutures:Munich|Munich]]
 
|-
 
|-
−
|[[Osaka]]
+
|[[FinancialCentreFutures:Osaka|Osaka]]
 
|-
 
|-
−
|[[Amsterdam]]
+
|[[FinancialCentreFutures:Amsterdam|Amsterdam]]
 
|-
 
|-
−
|[[Qatar]]
+
|[[FinancialCentreFutures:Qatar|Qatar]]
 
|-
 
|-
−
|[[British Virgin Islands]]
+
|[[FinancialCentreFutures:British Virgin Islands|British Virgin Islands]]
 
|-
 
|-
−
|[[Stockholm]]
+
|[[FinancialCentreFutures:Stockholm|Stockholm]]
 
|-
 
|-
−
|[[Brussels]]
+
|[[FinancialCentreFutures:Brussels|Brussels]]
 
|-
 
|-
−
|[[Sao Paulo]]
+
|[[FinancialCentreFutures:Sao Paulo|Sao Paulo]]
 
|-
 
|-
−
|[[Copenhagen]]
+
|[[FinancialCentreFutures:Copenhagen|Copenhagen]]
 
|-
 
|-
−
|[[Bahrain]]
+
|[[FinancialCentreFutures:Bahrain|Bahrain]]
 
|-
 
|-
−
|[[Vienna]]
+
|[[FinancialCentreFutures:Vienna|Vienna]]
 
|-
 
|-
−
|[[Wellington]]
+
|[[FinancialCentreFutures:Wellington|Wellington]]
 
|-
 
|-
−
|[[Madrid]]
+
|[[FinancialCentreFutures:Madrid|Madrid]]
 
|-
 
|-
−
|[[Oslo]]
+
|[[FinancialCentreFutures:Oslo|Oslo]]
 
|-
 
|-
−
|[[Milan]]
+
|[[FinancialCentreFutures:Milan|Milan]]
 
|-
 
|-
−
|[[Monaco]]
+
|[[FinancialCentreFutures:Monaco|Monaco]]
 
|-
 
|-
−
|[[Rome]]
+
|[[FinancialCentreFutures:Rome|Rome]]
 
|-
 
|-
−
|[[Helsinki]]
+
|[[FinancialCentreFutures:Helsinki|Helsinki]]
 
|-
 
|-
−
|[[Kuala Lumpur]]
+
|[[FinancialCentreFutures:Kuala Lumpur|Kuala Lumpur]]
 
|-
 
|-
−
|[[Glasgow]]
+
|[[FinancialCentreFutures:Glasgow|Glasgow]]
 
|-
 
|-
−
|[[Gibraltar]]
+
|[[FinancialCentreFutures:Gibraltar|Gibraltar]]
 
|-
 
|-
−
|[[Johannesburg]]
+
|[[FinancialCentreFutures:Johannesburg|Johannesburg]]
 
|-
 
|-
−
|[[Rio de Janeiro]]
+
|[[FinancialCentreFutures:Rio de Janeiro|Rio Janeiro]]
 
|-
 
|-
−
|[[Malta]]
+
|[[FinancialCentreFutures:Malta|Malta]]
 
|-
 
|-
−
|[[Mexico City]]
+
|[[FinancialCentreFutures:Mexico City|Mexico City]]
 
|-
 
|-
−
|[[Mumbai]]
+
|[[FinancialCentreFutures:Mumbai|Mumbai]]
 
|-
 
|-
−
|[[Bahamas]]
+
|[[FinancialCentreFutures:Bahamas|Bahamas]]
 
|-
 
|-
−
|[[Mauritius]]
+
|[[FinancialCentreFutures:Mauritius|Mauritius]]
 
|-
 
|-
−
|[[Bangkok]]
+
|[[FinancialCentreFutures:Bangkok|Bangkok]]
 
|-
 
|-
−
|[[Prague]]
+
|[[FinancialCentreFutures:Prague|Prague]]
 
|-
 
|-
−
|[[Jakarta]]
+
|[[FinancialCentreFutures:Jakarta|Jakarta]]
 
|-
 
|-
−
|[[Buenos Aires]]
+
|[[FinancialCentreFutures:Buenos Aires|Buernos Aires]]
 
|-
 
|-
−
|[[Lisbon]]
+
|[[FinancialCentreFutures:Lisbon|Lisbon]]
 
|-
 
|-
−
|[[Manila]]
+
|[[FinancialCentreFutures:Manila|Manila]]
 
|-
 
|-
−
|[[Warsaw]]
+
|[[FinancialCentreFutures:Warsaw|Warsaw]]
 
|-
 
|-
−
|[[Moscow]]
+
|[[FinancialCentreFutures:Moscow|Moscow]]
 
|-
 
|-
−
|[[Riyadh]]
+
|[[FinancialCentreFutures:Riyadh|Riyadh]]
 
|-
 
|-
−
|[[St. Petersburg]]
+
|[[FinancialCentreFutures:St. Petersburg|St. Petersburg]]
 
|-
 
|-
−
|[[Tallinn]]
+
|[[FinancialCentreFutures:Tallinn|Tallinn]]
 
|-
 
|-
−
|[[Budapest]]
+
|[[FinancialCentreFutures:Budapest|Budapest]]
 
|-
 
|-
−
|[[Athens]]
+
|[[FinancialCentreFutures:Athens|Athens]]
 
|-
 
|-
−
|[[Istanbul]]
+
|[[FinancialCentreFutures:Istanbul|Istanbul]]
 
|-
 
|-
−
|[[Reykjavik]]
+
|[[FinancialCentreFutures:Reykjavik|Reykjavik]]
 
|}
 
|}

Latest revision as of 10:22, 19 July 2012

Download GFCI 11

Contents

[edit] Overview

After a year of trials, in 2006 the City of London Corporation and Z/Yen Group launched a ranking for financial centres, the Global Financial Centres Index (GFCI). The GFCI is an ‘index of indices’, based on a number of existing rankings, in combination with a regular survey of senior industry figures. Published every six months, the GFCI is dynamic, tracking the changing perceptions of cities as financial centres on an ongoing basis.

[edit] Method

The GFCI provides ratings for financial centres calculated by a ‘factor assessment model’ that uses two distinct sets of input:

1. Instrumental factors (external indices that contribute to competitiveness): Previous research indicates that there are many factors that combine to make a financial centre competitive. These can be grouped into five overarching areas of competitiveness – People, Business Environment, Market Access, Infrastructure and General Competitiveness. Objective evidence of competitiveness was sought from a wide variety of comparable sources. For example, evidence about the infrastructure competitiveness of a financial centre is drawn from a survey of property and an index of occupancy costs. Evidence about a fair and just business environment is drawn from a corruption perception index and an opacity index. A total of 64 external sources were used in GFCI 6. Not all financial centres are represented in all the external sources, and the statistical model takes account of these gaps.

2. Financial centre assessments: By means of an online questionnaire, running continuously since 2007, we now have 36,497 financial centre assessments drawn from 1,802 respondents. Respondents assess the competitiveness of financial centres that they know. The online questionnaire is ongoing to keep the GFCI up-to-date with people’s changing assessments.

[edit] Key areas

The people index summarises the availability of a skilled workforce, the flexibility of the labour market, the quality of the business education and the skillset of the workforce. The business environment aggregates and values the regulation, tax rates, levels of corruption, economic freedom and how difficult in general it is to do business. To measure regulation an online questionnaire has been used. The market access index looks at the various equities and bonds available. The volume and value of trading but also the cluster effect of the number of different financial service companies at the location influence the index. The infrastructure index furthermost accounts to the price of real estate at the location. Other factors such as public transport have a minor impact. General competitiveness relies on more traditional economic factors as price level, quality of life and economic sentiment.

[edit] Industry sectors

The ranking does sub rankings in the main area of financial services as banking, asset management, insurance, professional services, government and regulation.

[edit] Results

The results of the latest GFCI can be found on the Financial Centre Futures homepage of the Long Finance website.

[edit] Centres

Below is a list of all the financial centres ranked in the Global Financial Centres Index.

Centre
London
New York
Hong Kong
Singapore
Tokyo
Chicago
Zurich
Geneva
Shenzhen
Sydney
Shanghai
Toronto
Frankfurt
Boston
Beijing
San Fransisco
Washington D.C
Jersey
Luxembourg
Paris
Taipei
Guernsey
Vancouver
Isle of Man
Dubai
Montreal
Melbourne
Seoul
Edinburgh
Cayman Islands
Dublin
Hamilton
Munich
Osaka
Amsterdam
Qatar
British Virgin Islands
Stockholm
Brussels
Sao Paulo
Copenhagen
Bahrain
Vienna
Wellington
Madrid
Oslo
Milan
Monaco
Rome
Helsinki
Kuala Lumpur
Glasgow
Gibraltar
Johannesburg
Rio Janeiro
Malta
Mexico City
Mumbai
Bahamas
Mauritius
Bangkok
Prague
Jakarta
Buernos Aires
Lisbon
Manila
Warsaw
Moscow
Riyadh
St. Petersburg
Tallinn
Budapest
Athens
Istanbul
Reykjavik
Retrieved from ‘http://wiki.zyen.info/index.php?title=ZYen:Global_Financial_Centres_Index&oldid=503’
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