The infrastructure factors account for the price and availability of office space at the location, as well as public transport. The human capital factors summarize the availability of a skilled workforce, the flexibility of the labour market, the quality of the business education and the skill-set of the workforce, and quality of life. To measure regulation an online questionnaire has been used. The business environment factors aggregate and value the regulation, tax rates, levels of corruption, economic freedom and how difficult in general it is to do business. This is run for five separate areas of competitiveness to assess how financial centres perform in each of the areas. Top 15 centres by area of competitiveness (Δ) Centres that have appeared in GFCI 33 but not in GFCI 32. (*) Centres that have moved between categories between GFCI 32 and GFCI 33. The latest report ranked 120 international financial centres into the following matrix: Level Only the top 20 are shown in the following table: The 2023 report ranks New York at the top position followed by London and Singapore. Rankings are based on around 10,000 qualitative surveys from respondents working in financial services and related industries combined with 153 quantitative factors, with measures from the World Bank, The Economist Intelligence Unit, the OECD and United Nations. GFCI 33 provides evaluations of future competitiveness and rankings for 130 financial centres around the world. The latest thirty-third edition of the Global Financial Centres Index (GFCI 33) was published on 23 March 2023. It has been jointly published twice per year by Z/Yen Group in London and the China Development Institute in Shenzhen since 2015, and is widely quoted as a top source for ranking financial centres. The first index was published in March 2007. The Global Financial Centres Index ( GFCI) is a ranking of the competitiveness of financial centres based on over 29,000 financial centre assessments from an online questionnaire together with over 100 indices from organisations such as the World Bank, the Organisation for Economic Co-operation and Development (OECD), and the Economist Intelligence Unit. Ranking of the competitiveness of financial centres
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