International Financial Centres Index: Difference between revisions

Global and regional financial centres are characterised by the following traits: a large stable economy, an advanced systems for trade and investment, a stable government and policy environment, macroeconomic policies conducive for large financial institutions, a dependable and globally accepted currency, and strong partnerships and relationships.

#[[Sani Bursil]], {{Flagcountry|Great Morstaybishlia}}, is regarded as the most influential financial centre in the world. It is the largest city by population in the world. It has the largest GVA of any city in the world. It is the home of the largest securities exchange in the world, the [[Auroran Stock Exchange]]. It is the capital and largest city of not only the [[List of countries by GDP (nominal)|largest national economy in the world]] ([[Great Morstaybishlia]]) but also the largest and most deeply integrated trade bloc and monetary and customs union in the world (the [[United Nations of the Auroran Continent]]). It is the headquarters of the some of the [[Systemically important financial institution|largest and most eminent banks]] in the world such as [[Golding Smithant]] and [[Vocher Cada]].

#[[Matthews]], {{Flagcountry|South Hills}}, is the economic and financial centre of the [[List of countries by GDP (nominal)|second largest national economy]] in the world and of the country whose currency, the Standard Hawking Dollar (SHD), is one of two [[Reserve currency|alpha world reserve currencies]]. It is home to the most eminent global credit rating agency in the world ([[Preston & Cole]]), the second largest securities exchange in the world (the [[Concordian Stock Exchange]]), the largest home mortgage finance corporation in the world ([[Connie Max]]), and the largest card payment manager in the world ([[Plexis]]). and other financial institutions such as [[SHBG]], [[First Bank of South Hills]] and [[Chartered & Merchantile]]

#[[Bingol]], {{Flagcountry|Packilvania}}, is the second most populous city in the world. It is the capital and largest city of the third largest economy in the world and [[List of countries by population|largest country in the world by population]] and the largest developing national economy in the world. It is the home of the [[Packilvanian Central Bank]], which issues the [[Packilvanian dinar]] (a beta world reserve currency). It is also the home of some of the largest banks in the world: the [[Industrial and Commercial Bank of Packilvania]], the [[Agricultural Bank of Packilvania]], and the [[Export-Import Bank of Packilvania]].

#*[[Tarov]], {{Flagcountry|Tivot}}, is the [[Tivot Sandwich|largest conduit offshore financial center]] (colloquially known as a tax haven) in the world and the home of the most powerful central bank in the world, the [[Auroran Central Bank]], which issues one of two [[Reserve currency|alpha world reserve currencies]]: the [[Kirib]] (which is the largest multi-national currency in the world). It also host the largest or second-largest transhipment port in [[Aurora]].

#Leidenstad*[[Osfjord]], {{Flagicon imageFlagcountry|CryriaFlag.pngNorgsveldet}} [[Cryria]], is the home of the largestNorth inter-bankConcordian transferBank, networkwhich inissues the world,second themost [[Internationalused Bankingmulti-national Exchangecurrency Cooperative]].in Throughthe Cryria'sworld, politicalthe stability,United extensiveKrone economic(which ties,is anda prudentbeta economicworld policies,reserve currency). It is a major financial centre in the [[Leaguesecond of Novaris]] (which despite not being a monetary union orlargest free trade area, isin the secondworld, largestthe economic[[North blocConcordian inEconomic the world)Forum]].

*Sigested, {{Flagcountry|Tretrid}}, is the capitalfinancial ofand oneeconomic centre of the most influential and economically relevant countries in the [[League of Novaris]]

*MolebaaiRépublique C.D, {{Flagcountry|VistaralandFederation of the Southern Coast}}, is the economicpolitical centre of athe transcontinentalthird countrylargest thatmonetary occupiesunion anin importantthe economicworld role[[Red Crown Economic Union]] and the seat of the largest airline alliance in the world, the [[NorthVindens ConcordianPust EconomicAirline ForumAlliance]].

*[[Aura]], {{Flagicon image|ECFlag.png}} [[Emberwood Coast]], is the political capital of the [[United Nations of the Auroran Continent]] and the second-largest city in [[Aurora]] by population and GVA

*Andel, {{Flagcountry|Axdel}}, is the capitallargest city of the second largest economy in [[Aurora]]

The Index is generally cited as a useful metric for comparing financial centres and the characteristics and policies that set them apart from their peers. It also helps institutions and governments identify nodes of risk and opportunity in the global financial system. The commentary which accompanies the index is noteworthy for sharing insights into the outcomes presented by different policy decisions and financial circumstances. Nevertheless, the index has been criticised for prejudicing developing countries and discrediting Socialist economies. Some analysts have argued that the criteria for inclusion on the index as an influential offshore financial centre are often routed in capitalist neoliberal economic thinking that prioritises an excessive focus on trade and financial liberalisation at the expense of robust financial, and environment controls and fail to consider the social, political and environmental factors that these centres bring. Others have criticised the CFI for its placement of cities with some arguing that certain cities should be ranked higher, or lower, added and removed altogether.