Abstract
The 1970s have seen the growth of substantial financial centres in Asia, notably in Singapore and Hong Kong, and more recently in the Philippines. The main purpose of this development has been to tap the sources of funds and the outlets in the region, and this has coincided with extremely rapid economic growth in the area as a whole, with South-east Asia being one of the world’s fastest growing regions.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
P. Clark, ‘The making of the Asian dollar market’, Crown Agents Quarterly Review (Autumn 1977).
W. A. Hahn, ‘Investment opportunities in Arab currencies’, Investment and Property Studies Ltd. Conference, 19–20 June 1978.
‘Bahrain’, Middle East Economic Digest, supplement (March 1978).
‘Banking in the Middle East: A survey’, The Banker (March 1978).
‘Banking and finance’, Middle East Economic Digest special report (March 1979).
Banking ‘78’, Far Eastern Economic Review, special survey (April 1978).
Banking ‘79’, Far Eastern Economic Review, special survey (April 1979).
Copyright information
© 1981 David F. Lomax and P. T. G. Gutmann
About this chapter
Cite this chapter
Lomax, D.F., Gutmann, P.T.G. (1981). New Financial Centres. In: The Euromarkets and International Financial Policies. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-03882-4_11
Download citation
DOI: https://doi.org/10.1007/978-1-349-03882-4_11
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-03884-8
Online ISBN: 978-1-349-03882-4
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)