The global financial centres index (GFCI) 3 - Z/Yen

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The Global Financial Centres Index is published by the City of London. The authors of the report are Mark Yeandle, Alexander Knapp, Michael Mainelli and Ian Harris of the Z/Yen Group. This report is intended as a basis for discussion only. Whilst every effort has been made to ensure the accuracy and completeness of the material in this report, the authors, Z/Yen Group, and the City of London, give no warranty in that regard and accept no liability for any loss or damage incurred through the use of, or reliance upon, this report or the information contained herein. March 2008 © City of London PO Box 270, Guildhall London EC2P 2EJ www.cityoflondon.gov.uk/economicresearch
The Global Financial Centres Index March 2008 Contents Foreword 1 1. Executive Summary 5 2. Background 8 3. The GFCI 11 4. Analysis of Financial Centres 18 5. Focus: Skills 27 6. The Five Key Areas of Competitiveness 32 6a. People Factors 33 6b. Business Environment Factors 37 6c. Market Access Factors 42 6d. Infrastructure Factors 46 6e. General Competitiveness Factors 49 7. Financial Centre Assessments 54 8. Conclusion 59 9. Appendices 61 Appendix A. Methodology 61 Appendix B. The Online Questionnaire 65 Appendix C. The Instrumental Factors 67 Bibliography 74
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The City of London Corporation The
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