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February 4, 2015

General Criteria for Success

Sometimes the conditions for the formation of today’s top IFCs happened organically and largely because of the related domestic markets (eg New York); sometimes the conditions were a combination of originally organic growth because of the related domestic market combined with luck (ie common language and legal system with its successor) and then sure-footedness (eg London); sometimes a combination of being an international trade hub, luck (ie language and legal system) and sure-footedness (eg Hong Kong and Singapore); and sometimes as a very conscious and precise government decision (eg Dubai).