Please use this identifier to cite or link to this item:
Full metadata record
DC FieldValueLanguage
dc.contributor.authorSolovjova, Irina-
dc.contributor.authorRupeika-Apoga, Ramona-
dc.contributor.authorRomanova, Inna-
dc.identifier.citationRomanova, I., Rupeika-Apoga, R., & Solovjova, I. (2018). Competitiveness enhancement of international financial centres. European Research Studies Journal, 21(1), 5-17.en_GB
dc.description.abstractIn recent years, international financial centres have become one of the most important elements of the international financial system. Increasing globalization of the world economy raises the role and influence of international financial centres (IFC) due to extending scope of activities of IFC that currently includes financial markets, international financial and lending relations, insurance, etc. Financial centres make a substantial contribution to the overall economic development and growth of the country. The establishment and development of financial centres is a quite complex and complicated process that combines various historical, geographic, social, economic and political factors. The establishment of international financial centres is related to financial liberalization processes as well as globalization of the financial market. According to the history of financial centres, a number of factors contribute to their establishment and development: geographic location, multicultural factors, liberal legislation, stimulating tax and customs policies, immigration legislation, competitive costs of financial services, etc. However, it is not always that financial centres are established in places with favourable economic, political and social factors. It requires both a combination and interaction of different factors, as well as political will and success. The aim of the paper is basing on the examination of the factors influencing establishment of IFC, to analyze the directions of the competitiveness enhancement of Riga International Financial Centre by identifying its potential niche. The following research methods have been used in the paper: generally accepted quantitative and qualitative methods of economic research, including comparative analysis and synthesis, graphic methods, expert methods, SWOT analysis.en_GB
dc.publisherUniversity of Piraeus. International Strategic Management Associationen_GB
dc.subjectFinancial institutions, Internationalen_GB
dc.subjectInternational economic integrationen_GB
dc.subjectInternational financeen_GB
dc.subjectEconomics -- Sociological aspectsen_GB
dc.titleCompetitiveness enhancement of international financial centresen_GB
dc.rights.holderThe copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder.en_GB
dc.publication.titleEuropean Research Studies Journalen_GB
Appears in Collections:European Research Studies Journal, Volume 21, Issue 1

Files in This Item:
File Description SizeFormat 
ERSJ,_21(1)_-_A1.pdf447.53 kBAdobe PDFView/Open

Items in OAR@UM are protected by copyright, with all rights reserved, unless otherwise indicated.