二次大戰之後，東亞國家經濟快速發展，促使一些具策略位置的城市搖身一變成為重要的世界/全球城市，其中新加坡、香港、上海、台北及首爾等五個由南至北位居東亞重要位置的世界/全球城市，更進而積極鞏固或致力發展「區域金融中心」角色，由於這五個城市所擁有的優劣勢及利基未盡相同，以至於未來的發展態勢並不明朗。另方面「區域金融中心」的研究範疇是跨越了「城市和區域經濟」的空間領域與「貨幣和金融經濟」的金融領域，因此為了解新加坡、香港、上海、台北及首爾等五城市發展「區域金融中心」各自在空間與金融領域分別擁有的優劣勢及利基，本論文除蒐集空間及金融領域在資金流動、金融市場發展情形、金融業生產力及法制環境等方面的次級資料予以評比外，並透過專家學者深度訪談所提具對五城市優劣勢及利基的評比意見，進行內容分析。 研究發現空間及金融領域都強調「政府因素」以及政治穩定的重要，也一致認為「金融中心」必須要有「經濟力量」的支撐；不過空間領域認為世界/全球城市可由「政府力量」促成，而金融領域則認為「金融中心」係由「市場力量」所形塑，但是為使「市場力量」發揮運作機制，政府扮演最重要的角色。此外，受訪專家學者認為「金融中心」的評比指標，雖然有自由化、國際化程度、人才素質、基礎建設及金融市場效率等，但「政府因素」最具影響。最後，受訪專家學者一致認同香港發展「區域金融中心」最具優勢，新加坡次之；大體上同意台北第三，上海第三或第四，首爾居末。其中，最具爭議的台北及上海，都是由於「政府因素」而導致未來發展不明。此外，研究也發現五城市在發展「區域金融中心」的過程，由於各具不同優勢與利基，遂呈現不同的功能與特徵。 / Since the economy in East Asia has been flourishing remarkably after the World War II, few major cities in this region have undoubtedly become international and grow rapidly in the last few decades. Singapore, Hong Kong, Taipei, Shanghai and Seoul are the five leading cities in East Asia, located from south to north, in respect of their financial importance. Moreover, people in these cities eager to improve them to take the place as the leading regional financial center. It is but hard to estimate and compare each of them with the other, for each has both its advantages and disadvantages. In fact, the study on the concrete shape and future of the expected regional financial center must take into account not only the spatial field survey of city and local economy, but also that of the financial field concerning monetary and finance economy. That is, to bridge over the research of spatial and financial field as well as to understand the relative competitiveness among these cities to develop regional financial centers. In this regard, the study gathers information about the foreign direct investment of capital flows, the scope of financial market, the productivity of financial service industry as well as legal and regulatory environments in these cities on the one hand, and interview many experts to have their opinions on the issue on the other hand. The result of the study indicates that both the spatial and financial field survey emphasize the importance of governmental support and political stability, and prove consistency in the opinion about the supportive role of economic power in each financial center. However, the spatial field survey considers government-drive as the most relevant element of developing a global city as the regional financial centre, while that from financial field inclines to support market-drive as the key element and persuade government to keep the free-market policy. According to the analysis of expert interviews, there are many determinant elements for developing a regional financial centre, including financial liberalization, internationalization and human capital, fundamental infrastructure, efficiency of financial market and so on. They also indicate that local government plays a critical but most influential role. Meanwhile, all experts regard Hong Kong as the top one among these local financial centers, Singapore as the second, and most experts consider Taipei as the third and Shanghai as the third or the forth, while they all take Seoul as the last. Expert opinions about Taipei and Shanghai are ambiguous, so far as local governments in the two cities play the key role but fail to provide certainty in the future. Finally, it is without doubt that the five cities have their advantages and disadvantages to fulfill different functions.

Small and medium sized businesses play an important part in functioning economy. Due to the current economy crisis, enterpreneurs have to reevaluate their ecomonic strategies in order not only to remain prosperous, but to try to expand as well. Therefore it is important for them to choose the right banking institution that can satisfy their needs. Poor selection of bank product could cause financial burden for the business and would not meet the original expectations. The aim of this dissertation is to identify the hidden potential of the regional financial centre of the Poštovní spořitelna Bank in Ceske Budejovice (PSB), in order to get new clients amongst small and medium sized businesses. First, based on the findings in the questionnaire and business environment analysis, this dissertation will try to analyze certain PSB products for small and medium sized businesses. Secondly, to analyze the interest and demand of the businesses, their number and layout in South Bohemia, especially in Ceske Budejovice region. The above mentioned questionnaire and business environment analysis confirmed that small and medium sized businesses are not much aware of the PSB{\crq}s products, and therefore the use of them is rather poor. The solution may be a certain way of closer communication with small and medium sized businesses. Building this type of communication is dependant on regional marketing budget and thus not easy, due to the limited resources. The final decision maker in this case is the regional bank director. The PSB will cooperate with Association of small and medium sized businesses as well as with the South Bohemian Economic Chamber, and also will advertise in regional press.

Offshore jurisdictions have become popular among corporations around the globe. They provide opportunities to reduce taxes by registering companies there. The Russian large firms have joined the trend, but exploit offshore schemes in different ways. They incorporate offshore companies with their subsidiaries operating in Russia. The main purpose is to protect assets from hostile capture by other businesses or even the government. Thus, businessmen stay hidden as end beneficiaries behind the offshore companies’ chain. The offshorization in the country has its enormous scale. Up to 90% of the largest companies are involved in offshore patterns. The government makes some efforts to force companies to come back to the country, but they are not effective. To succeed, corporations should experience the improved business climate and have an opportunity to defend themselves in fair courts. It is the government’s responsibility to make such appealing conditions. As a result, nowadays, Russia suffers not only from less tax collection, but also from losing control over strategically important enterprises and even industries. Thus, the phenomenon threatens to the country's national security.

Luxembourg is one of the most successful financial centers in the world. Initially associated with international syndicated loans, euro-bonds and euro-currency markets, Luxembourg has developed as a center for private banking and is currently the second largest center for the domiciliation of investment funds in the world after the US - with a portfolio equivalent to about sixty times the country’s GDP -, and the first captive reinsurance market in the European Union. As in many other financial centers, the interbank market plays an important role. This partly reflects intra-group operations of foreign banks using their Luxembourg branches and subsidiaries to adjust their liquidity position. More generally, Luxembourg has attracted foreign banks seeking to benefit from its favorable regulatory framework, political stability, language skills of the local workforce and the agglomeration of specialized skills in accounting and legal services.<p><p>The importance of the financial sector in Luxembourg implies that a computable general equilibrium (CGE) model with explicit modeling of the financial sector is indispensable in order to properly take into account the interaction between the financial and the real sector in the economy and the interconnectedness between different financial institutional sectors (e.g. commercial banks and investment funds). Explicit modeling of the financial sector also allows for an analysis of how the economy might respond to financial shocks.<p><p>This dissertation contributes to the literature by developing two analytical tools:<p><p>1.\ / Doctorat en Sciences économiques et de gestion / info:eu-repo/semantics/nonPublished