New Financial Centres

  • David F. Lomax
  • P. T. G. Gutmann
Chapter

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.

Keywords

Saudi Arabia Foreign Bank Financial Centre Cayman Island Banking Business 
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References

  1. P. Clark, ‘The making of the Asian dollar market’, Crown Agents Quarterly Review (Autumn 1977).Google Scholar
  2. W. A. Hahn, ‘Investment opportunities in Arab currencies’, Investment and Property Studies Ltd. Conference, 19–20 June 1978.Google Scholar
  3. ‘Bahrain’, Middle East Economic Digest, supplement (March 1978).Google Scholar
  4. ‘Banking in the Middle East: A survey’, The Banker (March 1978).Google Scholar
  5. ‘Banking and finance’, Middle East Economic Digest special report (March 1979).Google Scholar
  6. Banking ‘78’, Far Eastern Economic Review, special survey (April 1978).Google Scholar
  7. Banking ‘79’, Far Eastern Economic Review, special survey (April 1979).Google Scholar

Copyright information

© David F. Lomax and P. T. G. Gutmann 1981

Authors and Affiliations

  • David F. Lomax
  • P. T. G. Gutmann

There are no affiliations available

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