
Comparative Study on Asian Financial Capitals' Competitiveness
Focused on Strengths and Weaknesses of the City of Seoul
Jae Hoon Park(Author)
LAP Lambert Academic Publishing
Published on 12. June 2013
Book
Paperback/Softback
60 pages
978-3-659-41311-7 (ISBN)
Description
Most globally influential cities such as New York, London and Tokyo are also appraised as financial centers. In addition, many emerging countries try to promote their capital cities as regional or global financial centers, and the competition to become a successful financial capital is getting tougher. This is because the financial services industry not only is a high-value-added industry itself but also can have huge effects on other service industries like accounting, consulting and legal services. Besides, powerful financial capitals can lead the economic growth of their countries by attracting foreign investment or entrances by global enterprises. Recognizing that its level of financial-sector development paled in comparison to those of other developed countries in spite of its status as the world's 12th largest economy, South Korea also initiated and implemented a development plan to promote financial industries as a new driving force for national economic growth. This thesis analyzes the strengths and weaknesses of the City of Seoul as a financial center compared to other comparable Asian cities, using four indices which global institutions or presses publish periodically.
More details
Language
English
Product notice
Paperback (trade)
Unsewn / adhesive bound
Dimensions
Height: 220 mm
Width: 150 mm
Thickness: 5 mm
Weight
107 gr
ISBN-13
978-3-659-41311-7 (9783659413117)
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Schweitzer Classification
Person
Jae Hoon Park worked at Financial Services Commission for 10 years, which is one body of the Korean Government. He participated in designing and implementing diverse policies to overcome 2008 financial crisis and to advance the Korean banking regulatory system. He earned the master degree in economics at University of Southern California (USA).