International Financial Centres Index: Difference between revisions

The Centre for International Finance (CIF) is an non-profit organisation that conducts research in the international financial system and conducts policy advisory and consultancy for governments and international organisations. It was founded in 1978 by economists and experts in the financial services sector. It began publishing an annual report that provided information to the general public on the performance of the global financial sector called the ''Financial Review''. As the ''Financial Review'' grew in popularity and as global finance became increasingly interlinked, policymakers and the public became increasingly interested in identifying and describing the impact of globally significant financial centres. This prompted the Editor of the ''Financial Review'' to introduce the index as ranking system for financial centres in 1987. This was prompted by the collision of many important international conflicts in the 1970s and 1980s that gave rise to several regional and global economic crises such as the [[History of Packilvania#Second Packilvanian Civil War|Second Packilvanian Civil War]], the [[Auroran Imperial War]], and the Novaran Cold War.

The Index is a ranking of the most influential financial centres in the world. It does this by comparing the integration of the urban center into the economy of the world, and its region, and the impact of the city of the world's financial markets. This includes looking at the presence of large and globally or regionally relevant financial institutions, international organisations and financial services Providers. Additionally, it looks at relations of that centre with other centres, and the size of the economic output of that city. Some exceptions have been made where a cluster of urban areas is closely integrated enough or a jurisdiction is geographically small enough to warrant inclusion as a set.

#[[Sani Bursil]], {{Flagcountry|Great Morstaybishlia}}, is regarded as the most influential financial centre in the wordworld. 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 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 largest and most eminent banks in the world such as [[Golding Smithant]] and [[Vocher Cada]].