Rank Mysteries
The release of the latest Global Financial Centres Index (GFCI), published by the consultancy Z/Yen in London, shows stability at the top of the table and volatility below. But do such rankings really contain valuable insights into how the global financial system is evolving?
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PARIS – Gibraltar received exciting news last month. The latest Global Financial Centres Index (GFCI), published by the consultancy Z/Yen in London, revealed that the Rock had risen further and faster up the ranks than any other center – 17 places, from 70th to 53rd position, since the previous report in September 2013.