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.

#[[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 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, {{Flagicon image|CryriaFlag.png}} [[Cryria]], is the home of the largest inter-bank transfer network in the world, the [[International Banking Exchange Cooperative]]. Through Cryria's political stability, extensive economic ties, and prudent economic policies, is a major financial centre in the [[League of Novaris]] (which despite not being a monetary union or free trade area, is the second largest economic bloc in the world).

#[[Osfjord]], {{Flagcountry|Norgsveldet}}, is the home of the North Concordian Bank, which issues the second most used multi-national currency in the world, the United Krone (which is a beta world reserve currency). It is a major financial centre in the second largest free trade area in the world, the [[North Concordian Economic Forum]].

*Molebaai, {{Flagcountry|Vistaraland}}, is the economic centre of a transcontinental country that occupies an important economic role in the [[North Concordian Economic Forum]]

*[[Aura]], {{Flagicon image|ECFlag.png}} [[Emberwood Coast]], is the political capital of the [[United Nations of the Auroran Continent]]

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.