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“Financial Integration in the Asia Pacific: Fact and Fiction”

Reserach- australian financial servicees

Australia’s financial connectedness with the Asia-Pacific region lags its deepening economic, diplomatic and cultural ties, according to a landmark new report by the Australian Centre for Financial Studies.

Financial services are the largest single industrial segment of the Australian economy. The export of financial services is larger than tourism and education. However, high barriers to services trade and cross-border investment in Asia may be inhibiting Australian firms and investors from growing their connections with the region. Continue reading “Financial Integration in the Asia Pacific: Fact and Fiction”