id	sid	tid	token	lemma	pos
ajbmeb-3031	1	1	american	american	PROPN
ajbmeb-3031	1	2	journal	journal	PROPN
ajbmeb-3031	1	3	of	of	ADP
ajbmeb-3031	1	4	business	business	NOUN
ajbmeb-3031	1	5	management	management	NOUN
ajbmeb-3031	1	6	,	,	PUNCT
ajbmeb-3031	1	7	economics	economic	NOUN
ajbmeb-3031	1	8	and	and	CCONJ
ajbmeb-3031	1	9	banking	banking	NOUN
ajbmeb-3031	1	10	issn	issn	PROPN
ajbmeb-3031	1	11	(	(	PUNCT
ajbmeb-3031	1	12	e	e	NOUN
ajbmeb-3031	1	13	):	):	PUNCT
ajbmeb-3031	1	14	2832	2832	NUM
ajbmeb-3031	1	15	-	-	SYM
ajbmeb-3031	1	16	8078	8078	NUM
ajbmeb-3031	1	17	volume	volume	NOUN
ajbmeb-3031	1	18	37	37	NUM
ajbmeb-3031	1	19	,	,	PUNCT
ajbmeb-3031	1	20	june	june	PROPN
ajbmeb-3031	1	21	2025	2025	NUM
ajbmeb-3031	1	22	p	p	NOUN
ajbmeb-3031	1	23	a	a	DET
ajbmeb-3031	1	24	g	g	NOUN
ajbmeb-3031	1	25	e	e	NOUN
ajbmeb-3031	1	26	|	|	ADV
ajbmeb-3031	1	27	168	168	NUM
ajbmeb-3031	1	28	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3031	1	29	the	the	DET
ajbmeb-3031	1	30	role	role	NOUN
ajbmeb-3031	1	31	of	of	ADP
ajbmeb-3031	1	32	stock	stock	NOUN
ajbmeb-3031	1	33	market	market	NOUN
ajbmeb-3031	1	34	development	development	NOUN
ajbmeb-3031	1	35	in	in	ADP
ajbmeb-3031	1	36	shaping	shape	VERB
ajbmeb-3031	1	37	international	international	ADJ
ajbmeb-3031	1	38	financial	financial	ADJ
ajbmeb-3031	1	39	centres	centre	NOUN
ajbmeb-3031	1	40	narimonov	narimonov	PROPN
ajbmeb-3031	1	41	sayfullakhon	sayfullakhon	PROPN
ajbmeb-3031	1	42	sunnatillo	sunnatillo	PROPN
ajbmeb-3031	1	43	ugli	ugli	PROPN
ajbmeb-3031	1	44	tsue	tsue	PROPN
ajbmeb-3031	1	45	,	,	PUNCT
ajbmeb-3031	1	46	senior	senior	ADJ
ajbmeb-3031	1	47	lecturer	lecturer	NOUN
ajbmeb-3031	1	48	of	of	ADP
ajbmeb-3031	1	49	the	the	DET
ajbmeb-3031	1	50	department	department	PROPN
ajbmeb-3031	1	51	of	of	ADP
ajbmeb-3031	1	52	international	international	ADJ
ajbmeb-3031	1	53	finance	finance	PROPN
ajbmeb-3031	1	54	a	a	PRON
ajbmeb-3031	1	55	b	b	PROPN
ajbmeb-3031	1	56	s	s	ADP
ajbmeb-3031	1	57	t	t	PROPN
ajbmeb-3031	1	58	r	r	NOUN
ajbmeb-3031	1	59	a	a	DET
ajbmeb-3031	1	60	c	c	NOUN
ajbmeb-3031	1	61	t	t	NOUN
ajbmeb-3031	1	62	k	k	X
ajbmeb-3031	1	63	e	e	PROPN
ajbmeb-3031	1	64	y	y	PROPN
ajbmeb-3031	1	65	w	w	NOUN
ajbmeb-3031	2	1	o	o	NOUN
ajbmeb-3031	2	2	r	r	NOUN
ajbmeb-3031	2	3	d	d	PROPN
ajbmeb-3031	2	4	s	s	VERB
ajbmeb-3031	2	5	this	this	DET
ajbmeb-3031	2	6	article	article	NOUN
ajbmeb-3031	2	7	examines	examine	VERB
ajbmeb-3031	2	8	the	the	DET
ajbmeb-3031	2	9	evolution	evolution	NOUN
ajbmeb-3031	2	10	and	and	CCONJ
ajbmeb-3031	2	11	strategic	strategic	ADJ
ajbmeb-3031	2	12	positioning	positioning	NOUN
ajbmeb-3031	2	13	of	of	ADP
ajbmeb-3031	2	14	international	international	ADJ
ajbmeb-3031	2	15	financial	financial	ADJ
ajbmeb-3031	2	16	centres	centre	NOUN
ajbmeb-3031	2	17	(	(	PUNCT
ajbmeb-3031	2	18	ifcs	ifcs	PROPN
ajbmeb-3031	2	19	)	)	PUNCT
ajbmeb-3031	2	20	,	,	PUNCT
ajbmeb-3031	2	21	with	with	ADP
ajbmeb-3031	2	22	particular	particular	ADJ
ajbmeb-3031	2	23	emphasis	emphasis	NOUN
ajbmeb-3031	2	24	on	on	ADP
ajbmeb-3031	2	25	the	the	DET
ajbmeb-3031	2	26	pivotal	pivotal	ADJ
ajbmeb-3031	2	27	role	role	NOUN
ajbmeb-3031	2	28	of	of	ADP
ajbmeb-3031	2	29	stock	stock	NOUN
ajbmeb-3031	2	30	markets	market	NOUN
ajbmeb-3031	2	31	in	in	ADP
ajbmeb-3031	2	32	enhancing	enhance	VERB
ajbmeb-3031	2	33	financial	financial	ADJ
ajbmeb-3031	2	34	system	system	NOUN
ajbmeb-3031	2	35	efficiency	efficiency	NOUN
ajbmeb-3031	2	36	.	.	PUNCT
ajbmeb-3031	3	1	it	it	PRON
ajbmeb-3031	3	2	explores	explore	VERB
ajbmeb-3031	3	3	how	how	SCONJ
ajbmeb-3031	3	4	stock	stock	NOUN
ajbmeb-3031	3	5	exchanges	exchange	NOUN
ajbmeb-3031	3	6	contribute	contribute	VERB
ajbmeb-3031	3	7	to	to	ADP
ajbmeb-3031	3	8	market	market	NOUN
ajbmeb-3031	3	9	liquidity	liquidity	NOUN
ajbmeb-3031	3	10	,	,	PUNCT
ajbmeb-3031	3	11	enable	enable	VERB
ajbmeb-3031	3	12	effective	effective	ADJ
ajbmeb-3031	3	13	capital	capital	NOUN
ajbmeb-3031	3	14	mobilization	mobilization	NOUN
ajbmeb-3031	3	15	,	,	PUNCT
ajbmeb-3031	3	16	and	and	CCONJ
ajbmeb-3031	3	17	act	act	VERB
ajbmeb-3031	3	18	as	as	ADP
ajbmeb-3031	3	19	a	a	DET
ajbmeb-3031	3	20	catalyst	catalyst	NOUN
ajbmeb-3031	3	21	for	for	ADP
ajbmeb-3031	3	22	financial	financial	ADJ
ajbmeb-3031	3	23	innovation	innovation	NOUN
ajbmeb-3031	3	24	,	,	PUNCT
ajbmeb-3031	3	25	all	all	PRON
ajbmeb-3031	3	26	of	of	ADP
ajbmeb-3031	3	27	which	which	PRON
ajbmeb-3031	3	28	are	be	AUX
ajbmeb-3031	3	29	essential	essential	ADJ
ajbmeb-3031	3	30	factors	factor	NOUN
ajbmeb-3031	3	31	in	in	ADP
ajbmeb-3031	3	32	the	the	DET
ajbmeb-3031	3	33	global	global	ADJ
ajbmeb-3031	3	34	competitiveness	competitiveness	NOUN
ajbmeb-3031	3	35	of	of	ADP
ajbmeb-3031	3	36	financial	financial	ADJ
ajbmeb-3031	3	37	hubs	hub	NOUN
ajbmeb-3031	3	38	.	.	PUNCT
ajbmeb-3031	4	1	the	the	DET
ajbmeb-3031	4	2	study	study	NOUN
ajbmeb-3031	4	3	presents	present	VERB
ajbmeb-3031	4	4	a	a	DET
ajbmeb-3031	4	5	detailed	detailed	ADJ
ajbmeb-3031	4	6	analysis	analysis	NOUN
ajbmeb-3031	4	7	of	of	ADP
ajbmeb-3031	4	8	uzbekistan	uzbekistan	PROPN
ajbmeb-3031	4	9	’s	’s	PART
ajbmeb-3031	4	10	trajectory	trajectory	NOUN
ajbmeb-3031	4	11	within	within	ADP
ajbmeb-3031	4	12	the	the	DET
ajbmeb-3031	4	13	global	global	ADJ
ajbmeb-3031	4	14	financial	financial	ADJ
ajbmeb-3031	4	15	centres	centre	NOUN
ajbmeb-3031	4	16	index	index	NOUN
ajbmeb-3031	4	17	(	(	PUNCT
ajbmeb-3031	4	18	gfci	gfci	NOUN
ajbmeb-3031	4	19	)	)	PUNCT
ajbmeb-3031	4	20	,	,	PUNCT
ajbmeb-3031	4	21	highlighting	highlight	VERB
ajbmeb-3031	4	22	its	its	PRON
ajbmeb-3031	4	23	efforts	effort	NOUN
ajbmeb-3031	4	24	to	to	PART
ajbmeb-3031	4	25	strengthen	strengthen	VERB
ajbmeb-3031	4	26	capital	capital	NOUN
ajbmeb-3031	4	27	market	market	NOUN
ajbmeb-3031	4	28	institutions	institution	NOUN
ajbmeb-3031	4	29	and	and	CCONJ
ajbmeb-3031	4	30	align	align	VERB
ajbmeb-3031	4	31	with	with	ADP
ajbmeb-3031	4	32	international	international	ADJ
ajbmeb-3031	4	33	financial	financial	ADJ
ajbmeb-3031	4	34	standards	standard	NOUN
ajbmeb-3031	4	35	.	.	PUNCT
ajbmeb-3031	5	1	stock	stock	NOUN
ajbmeb-3031	5	2	market	market	NOUN
ajbmeb-3031	5	3	development	development	NOUN
ajbmeb-3031	5	4	,	,	PUNCT
ajbmeb-3031	5	5	capital	capital	NOUN
ajbmeb-3031	5	6	markets	market	NOUN
ajbmeb-3031	5	7	,	,	PUNCT
ajbmeb-3031	5	8	financial	financial	ADJ
ajbmeb-3031	5	9	infrastructure	infrastructure	NOUN
ajbmeb-3031	5	10	,	,	PUNCT
ajbmeb-3031	5	11	global	global	ADJ
ajbmeb-3031	5	12	financial	financial	ADJ
ajbmeb-3031	5	13	centres	centre	NOUN
ajbmeb-3031	5	14	index	index	NOUN
ajbmeb-3031	5	15	(	(	PUNCT
ajbmeb-3031	5	16	gfci	gfci	NOUN
ajbmeb-3031	5	17	)	)	PUNCT
ajbmeb-3031	5	18	,	,	PUNCT
ajbmeb-3031	5	19	investment	investment	NOUN
ajbmeb-3031	5	20	climate	climate	NOUN
ajbmeb-3031	5	21	,	,	PUNCT
ajbmeb-3031	5	22	market	market	NOUN
ajbmeb-3031	5	23	liquidity	liquidity	NOUN
ajbmeb-3031	5	24	,	,	PUNCT
ajbmeb-3031	5	25	financial	financial	ADJ
ajbmeb-3031	5	26	competitiveness	competitiveness	NOUN
ajbmeb-3031	5	27	.	.	PUNCT
ajbmeb-3031	6	1	introduction	introduction	NOUN
ajbmeb-3031	6	2	since	since	SCONJ
ajbmeb-3031	6	3	the	the	DET
ajbmeb-3031	6	4	late	late	ADJ
ajbmeb-3031	6	5	20th	20th	ADJ
ajbmeb-3031	6	6	century	century	NOUN
ajbmeb-3031	6	7	,	,	PUNCT
ajbmeb-3031	6	8	international	international	ADJ
ajbmeb-3031	6	9	financial	financial	ADJ
ajbmeb-3031	6	10	centers	center	NOUN
ajbmeb-3031	6	11	(	(	PUNCT
ajbmeb-3031	6	12	ifcs	ifcs	PROPN
ajbmeb-3031	6	13	)	)	PUNCT
ajbmeb-3031	6	14	have	have	AUX
ajbmeb-3031	6	15	become	become	VERB
ajbmeb-3031	6	16	an	an	DET
ajbmeb-3031	6	17	essential	essential	ADJ
ajbmeb-3031	6	18	component	component	NOUN
ajbmeb-3031	6	19	and	and	CCONJ
ajbmeb-3031	6	20	operational	operational	ADJ
ajbmeb-3031	6	21	mechanism	mechanism	NOUN
ajbmeb-3031	6	22	of	of	ADP
ajbmeb-3031	6	23	the	the	DET
ajbmeb-3031	6	24	global	global	ADJ
ajbmeb-3031	6	25	financial	financial	ADJ
ajbmeb-3031	6	26	system	system	NOUN
ajbmeb-3031	6	27	.	.	PUNCT
ajbmeb-3031	7	1	in	in	ADP
ajbmeb-3031	7	2	the	the	DET
ajbmeb-3031	7	3	context	context	NOUN
ajbmeb-3031	7	4	of	of	ADP
ajbmeb-3031	7	5	intensifying	intensify	VERB
ajbmeb-3031	7	6	globalization	globalization	NOUN
ajbmeb-3031	7	7	processes	process	NOUN
ajbmeb-3031	7	8	,	,	PUNCT
ajbmeb-3031	7	9	the	the	DET
ajbmeb-3031	7	10	relevance	relevance	NOUN
ajbmeb-3031	7	11	,	,	PUNCT
ajbmeb-3031	7	12	influence	influence	NOUN
ajbmeb-3031	7	13	,	,	PUNCT
ajbmeb-3031	7	14	and	and	CCONJ
ajbmeb-3031	7	15	functional	functional	ADJ
ajbmeb-3031	7	16	scope	scope	NOUN
ajbmeb-3031	7	17	of	of	ADP
ajbmeb-3031	7	18	ifcs	ifc	NOUN
ajbmeb-3031	7	19	have	have	AUX
ajbmeb-3031	7	20	significantly	significantly	ADV
ajbmeb-3031	7	21	expanded	expand	VERB
ajbmeb-3031	7	22	.	.	PUNCT
ajbmeb-3031	8	1	their	their	PRON
ajbmeb-3031	8	2	growing	grow	VERB
ajbmeb-3031	8	3	role	role	NOUN
ajbmeb-3031	8	4	reflects	reflect	VERB
ajbmeb-3031	8	5	the	the	DET
ajbmeb-3031	8	6	structural	structural	ADJ
ajbmeb-3031	8	7	transformation	transformation	NOUN
ajbmeb-3031	8	8	of	of	ADP
ajbmeb-3031	8	9	global	global	ADJ
ajbmeb-3031	8	10	finance	finance	NOUN
ajbmeb-3031	8	11	and	and	CCONJ
ajbmeb-3031	8	12	the	the	DET
ajbmeb-3031	8	13	increasing	increase	VERB
ajbmeb-3031	8	14	interdependence	interdependence	NOUN
ajbmeb-3031	8	15	of	of	ADP
ajbmeb-3031	8	16	national	national	ADJ
ajbmeb-3031	8	17	economies	economy	NOUN
ajbmeb-3031	8	18	.	.	PUNCT
ajbmeb-3031	9	1	modern	modern	ADJ
ajbmeb-3031	9	2	ifcs	ifc	NOUN
ajbmeb-3031	9	3	are	be	AUX
ajbmeb-3031	9	4	characterized	characterize	VERB
ajbmeb-3031	9	5	by	by	ADP
ajbmeb-3031	9	6	their	their	PRON
ajbmeb-3031	9	7	complex	complex	ADJ
ajbmeb-3031	9	8	and	and	CCONJ
ajbmeb-3031	9	9	multifaceted	multifaceted	ADJ
ajbmeb-3031	9	10	nature	nature	NOUN
ajbmeb-3031	9	11	.	.	PUNCT
ajbmeb-3031	10	1	in	in	ADP
ajbmeb-3031	10	2	addition	addition	NOUN
ajbmeb-3031	10	3	to	to	ADP
ajbmeb-3031	10	4	serving	serve	VERB
ajbmeb-3031	10	5	as	as	ADP
ajbmeb-3031	10	6	hubs	hub	NOUN
ajbmeb-3031	10	7	for	for	ADP
ajbmeb-3031	10	8	international	international	ADJ
ajbmeb-3031	10	9	capital	capital	NOUN
ajbmeb-3031	10	10	markets	market	NOUN
ajbmeb-3031	10	11	,	,	PUNCT
ajbmeb-3031	10	12	they	they	PRON
ajbmeb-3031	10	13	provide	provide	VERB
ajbmeb-3031	10	14	a	a	DET
ajbmeb-3031	10	15	wide	wide	ADJ
ajbmeb-3031	10	16	range	range	NOUN
ajbmeb-3031	10	17	of	of	ADP
ajbmeb-3031	10	18	ancillary	ancillary	ADJ
ajbmeb-3031	10	19	services	service	NOUN
ajbmeb-3031	10	20	related	relate	VERB
ajbmeb-3031	10	21	to	to	ADP
ajbmeb-3031	10	22	cross	cross	ADJ
ajbmeb-3031	10	23	-	-	ADJ
ajbmeb-3031	10	24	border	border	ADJ
ajbmeb-3031	10	25	monetary	monetary	NOUN
ajbmeb-3031	10	26	,	,	PUNCT
ajbmeb-3031	10	27	financial	financial	ADJ
ajbmeb-3031	10	28	,	,	PUNCT
ajbmeb-3031	10	29	and	and	CCONJ
ajbmeb-3031	10	30	credit	credit	NOUN
ajbmeb-3031	10	31	operations	operation	NOUN
ajbmeb-3031	10	32	.	.	PUNCT
ajbmeb-3031	11	1	these	these	PRON
ajbmeb-3031	11	2	include	include	VERB
ajbmeb-3031	11	3	insurance	insurance	NOUN
ajbmeb-3031	11	4	,	,	PUNCT
ajbmeb-3031	11	5	auditing	auditing	NOUN
ajbmeb-3031	11	6	,	,	PUNCT
ajbmeb-3031	11	7	legal	legal	ADJ
ajbmeb-3031	11	8	,	,	PUNCT
ajbmeb-3031	11	9	and	and	CCONJ
ajbmeb-3031	11	10	consulting	consulting	NOUN
ajbmeb-3031	11	11	services	service	NOUN
ajbmeb-3031	11	12	,	,	PUNCT
ajbmeb-3031	11	13	which	which	PRON
ajbmeb-3031	11	14	together	together	ADV
ajbmeb-3031	11	15	support	support	VERB
ajbmeb-3031	11	16	a	a	DET
ajbmeb-3031	11	17	holistic	holistic	ADJ
ajbmeb-3031	11	18	financial	financial	ADJ
ajbmeb-3031	11	19	ecosystem	ecosystem	NOUN
ajbmeb-3031	11	20	.	.	PUNCT
ajbmeb-3031	12	1	while	while	SCONJ
ajbmeb-3031	12	2	some	some	DET
ajbmeb-3031	12	3	ifcs	ifc	NOUN
ajbmeb-3031	12	4	pursue	pursue	VERB
ajbmeb-3031	12	5	a	a	DET
ajbmeb-3031	12	6	universal	universal	ADJ
ajbmeb-3031	12	7	approach	approach	NOUN
ajbmeb-3031	12	8	,	,	PUNCT
ajbmeb-3031	12	9	integrating	integrate	VERB
ajbmeb-3031	12	10	multiple	multiple	ADJ
ajbmeb-3031	12	11	financial	financial	ADJ
ajbmeb-3031	12	12	services	service	NOUN
ajbmeb-3031	12	13	within	within	ADP
ajbmeb-3031	12	14	one	one	NUM
ajbmeb-3031	12	15	jurisdiction	jurisdiction	NOUN
ajbmeb-3031	12	16	,	,	PUNCT
ajbmeb-3031	12	17	others	other	NOUN
ajbmeb-3031	12	18	exhibit	exhibit	VERB
ajbmeb-3031	12	19	clear	clear	ADJ
ajbmeb-3031	12	20	trends	trend	NOUN
ajbmeb-3031	12	21	toward	toward	ADP
ajbmeb-3031	12	22	functional	functional	ADJ
ajbmeb-3031	12	23	specialization	specialization	NOUN
ajbmeb-3031	12	24	based	base	VERB
ajbmeb-3031	12	25	on	on	ADP
ajbmeb-3031	12	26	comparative	comparative	ADJ
ajbmeb-3031	12	27	advantages	advantage	NOUN
ajbmeb-3031	12	28	or	or	CCONJ
ajbmeb-3031	12	29	regulatory	regulatory	ADJ
ajbmeb-3031	12	30	preferences	preference	NOUN
ajbmeb-3031	12	31	.	.	PUNCT
ajbmeb-3031	13	1	the	the	DET
ajbmeb-3031	13	2	republic	republic	NOUN
ajbmeb-3031	13	3	of	of	ADP
ajbmeb-3031	13	4	uzbekistan	uzbekistan	PROPN
ajbmeb-3031	13	5	is	be	AUX
ajbmeb-3031	13	6	uniquely	uniquely	ADV
ajbmeb-3031	13	7	positioned	positioned	ADJ
ajbmeb-3031	13	8	to	to	PART
ajbmeb-3031	13	9	capitalize	capitalize	VERB
ajbmeb-3031	13	10	on	on	ADP
ajbmeb-3031	13	11	its	its	PRON
ajbmeb-3031	13	12	privileged	privileged	ADJ
ajbmeb-3031	13	13	geopolitical	geopolitical	ADJ
ajbmeb-3031	13	14	status	status	NOUN
ajbmeb-3031	13	15	and	and	CCONJ
ajbmeb-3031	13	16	growing	grow	VERB
ajbmeb-3031	13	17	authority	authority	NOUN
ajbmeb-3031	13	18	within	within	ADP
ajbmeb-3031	13	19	the	the	DET
ajbmeb-3031	13	20	eurasian	eurasian	ADJ
ajbmeb-3031	13	21	region	region	NOUN
ajbmeb-3031	13	22	—	—	PUNCT
ajbmeb-3031	13	23	factors	factor	NOUN
ajbmeb-3031	13	24	that	that	PRON
ajbmeb-3031	13	25	could	could	AUX
ajbmeb-3031	13	26	play	play	VERB
ajbmeb-3031	13	27	a	a	DET
ajbmeb-3031	13	28	pivotal	pivotal	ADJ
ajbmeb-3031	13	29	role	role	NOUN
ajbmeb-3031	13	30	in	in	ADP
ajbmeb-3031	13	31	facilitating	facilitate	VERB
ajbmeb-3031	13	32	the	the	DET
ajbmeb-3031	13	33	transition	transition	NOUN
ajbmeb-3031	13	34	to	to	ADP
ajbmeb-3031	13	35	a	a	DET
ajbmeb-3031	13	36	new	new	ADJ
ajbmeb-3031	13	37	digital	digital	ADJ
ajbmeb-3031	13	38	economy	economy	NOUN
ajbmeb-3031	13	39	.	.	PUNCT
ajbmeb-3031	14	1	the	the	DET
ajbmeb-3031	14	2	reform	reform	NOUN
ajbmeb-3031	14	3	agenda	agenda	NOUN
ajbmeb-3031	14	4	has	have	AUX
ajbmeb-3031	14	5	laid	lay	VERB
ajbmeb-3031	14	6	a	a	DET
ajbmeb-3031	14	7	foundational	foundational	ADJ
ajbmeb-3031	14	8	framework	framework	NOUN
ajbmeb-3031	14	9	for	for	ADP
ajbmeb-3031	14	10	the	the	DET
ajbmeb-3031	14	11	establishment	establishment	NOUN
ajbmeb-3031	14	12	of	of	ADP
ajbmeb-3031	14	13	a	a	DET
ajbmeb-3031	14	14	financial	financial	ADJ
ajbmeb-3031	14	15	centre	centre	NOUN
ajbmeb-3031	14	16	.	.	PUNCT
ajbmeb-3031	15	1	this	this	PRON
ajbmeb-3031	15	2	is	be	AUX
ajbmeb-3031	15	3	a	a	DET
ajbmeb-3031	15	4	highly	highly	ADV
ajbmeb-3031	15	5	promising	promising	ADJ
ajbmeb-3031	15	6	project	project	NOUN
ajbmeb-3031	15	7	that	that	PRON
ajbmeb-3031	15	8	necessitates	necessitate	VERB
ajbmeb-3031	15	9	the	the	DET
ajbmeb-3031	15	10	development	development	NOUN
ajbmeb-3031	15	11	of	of	ADP
ajbmeb-3031	15	12	a	a	DET
ajbmeb-3031	15	13	robust	robust	ADJ
ajbmeb-3031	15	14	financial	financial	ADJ
ajbmeb-3031	15	15	infrastructure	infrastructure	NOUN
ajbmeb-3031	15	16	,	,	PUNCT
ajbmeb-3031	15	17	including	include	VERB
ajbmeb-3031	15	18	an	an	DET
ajbmeb-3031	15	19	internationally	internationally	ADV
ajbmeb-3031	15	20	recognized	recognize	VERB
ajbmeb-3031	15	21	legal	legal	ADJ
ajbmeb-3031	15	22	framework	framework	NOUN
ajbmeb-3031	15	23	and	and	CCONJ
ajbmeb-3031	15	24	judicial	judicial	ADJ
ajbmeb-3031	15	25	system	system	NOUN
ajbmeb-3031	15	26	that	that	PRON
ajbmeb-3031	15	27	is	be	AUX
ajbmeb-3031	15	28	conducive	conducive	ADJ
ajbmeb-3031	15	29	to	to	ADP
ajbmeb-3031	15	30	foreign	foreign	ADJ
ajbmeb-3031	15	31	business	business	NOUN
ajbmeb-3031	15	32	operations	operation	NOUN
ajbmeb-3031	15	33	and	and	CCONJ
ajbmeb-3031	15	34	aligned	align	VERB
ajbmeb-3031	15	35	with	with	ADP
ajbmeb-3031	15	36	global	global	ADJ
ajbmeb-3031	15	37	best	good	ADJ
ajbmeb-3031	15	38	practices	practice	NOUN
ajbmeb-3031	15	39	for	for	ADP
ajbmeb-3031	15	40	rapidly	rapidly	ADV
ajbmeb-3031	15	41	growing	grow	VERB
ajbmeb-3031	15	42	financial	financial	ADJ
ajbmeb-3031	15	43	hubs	hub	NOUN
ajbmeb-3031	15	44	.	.	PUNCT
ajbmeb-3031	16	1	american	american	ADJ
ajbmeb-3031	16	2	journal	journal	PROPN
ajbmeb-3031	16	3	of	of	ADP
ajbmeb-3031	16	4	business	business	NOUN
ajbmeb-3031	16	5	management	management	NOUN
ajbmeb-3031	16	6	,	,	PUNCT
ajbmeb-3031	16	7	economics	economic	NOUN
ajbmeb-3031	16	8	and	and	CCONJ
ajbmeb-3031	16	9	banking	banking	NOUN
ajbmeb-3031	16	10	volume	volume	NOUN
ajbmeb-3031	16	11	37	37	NUM
ajbmeb-3031	16	12	june2025	june2025	PROPN
ajbmeb-3031	16	13	p	p	NOUN
ajbmeb-3031	16	14	a	a	DET
ajbmeb-3031	16	15	g	g	NOUN
ajbmeb-3031	16	16	e	e	NOUN
ajbmeb-3031	16	17	|	|	ADV
ajbmeb-3031	16	18	169	169	NUM
ajbmeb-3031	16	19	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3031	16	20	to	to	PART
ajbmeb-3031	16	21	achieve	achieve	VERB
ajbmeb-3031	16	22	these	these	DET
ajbmeb-3031	16	23	goals	goal	NOUN
ajbmeb-3031	16	24	,	,	PUNCT
ajbmeb-3031	16	25	it	it	PRON
ajbmeb-3031	16	26	is	be	AUX
ajbmeb-3031	16	27	essential	essential	ADJ
ajbmeb-3031	16	28	to	to	PART
ajbmeb-3031	16	29	ensure	ensure	VERB
ajbmeb-3031	16	30	the	the	DET
ajbmeb-3031	16	31	involvement	involvement	NOUN
ajbmeb-3031	16	32	of	of	ADP
ajbmeb-3031	16	33	international	international	ADJ
ajbmeb-3031	16	34	organizations	organization	NOUN
ajbmeb-3031	16	35	,	,	PUNCT
ajbmeb-3031	16	36	attract	attract	VERB
ajbmeb-3031	16	37	foreign	foreign	ADJ
ajbmeb-3031	16	38	enterprises	enterprise	NOUN
ajbmeb-3031	16	39	,	,	PUNCT
ajbmeb-3031	16	40	and	and	CCONJ
ajbmeb-3031	16	41	further	far	ADV
ajbmeb-3031	16	42	enhance	enhance	VERB
ajbmeb-3031	16	43	investment	investment	NOUN
ajbmeb-3031	16	44	attractiveness	attractiveness	NOUN
ajbmeb-3031	16	45	,	,	PUNCT
ajbmeb-3031	16	46	export	export	NOUN
ajbmeb-3031	16	47	potential	potential	NOUN
ajbmeb-3031	16	48	,	,	PUNCT
ajbmeb-3031	16	49	and	and	CCONJ
ajbmeb-3031	16	50	the	the	DET
ajbmeb-3031	16	51	economic	economic	ADJ
ajbmeb-3031	16	52	competitiveness	competitiveness	NOUN
ajbmeb-3031	16	53	of	of	ADP
ajbmeb-3031	16	54	regions	region	NOUN
ajbmeb-3031	16	55	and	and	CCONJ
ajbmeb-3031	16	56	sectors	sector	NOUN
ajbmeb-3031	16	57	.	.	PUNCT
ajbmeb-3031	17	1	the	the	DET
ajbmeb-3031	17	2	responsibility	responsibility	NOUN
ajbmeb-3031	17	3	for	for	ADP
ajbmeb-3031	17	4	addressing	address	VERB
ajbmeb-3031	17	5	these	these	DET
ajbmeb-3031	17	6	strategic	strategic	ADJ
ajbmeb-3031	17	7	objectives	objective	NOUN
ajbmeb-3031	17	8	has	have	AUX
ajbmeb-3031	17	9	been	be	AUX
ajbmeb-3031	17	10	entrusted	entrust	VERB
ajbmeb-3031	17	11	to	to	ADP
ajbmeb-3031	17	12	the	the	DET
ajbmeb-3031	17	13	agency	agency	NOUN
ajbmeb-3031	17	14	for	for	ADP
ajbmeb-3031	17	15	strategic	strategic	ADJ
ajbmeb-3031	17	16	reforms	reform	NOUN
ajbmeb-3031	17	17	under	under	ADP
ajbmeb-3031	17	18	the	the	DET
ajbmeb-3031	17	19	president	president	NOUN
ajbmeb-3031	17	20	of	of	ADP
ajbmeb-3031	17	21	the	the	DET
ajbmeb-3031	17	22	republic	republic	NOUN
ajbmeb-3031	17	23	of	of	ADP
ajbmeb-3031	17	24	uzbekistan	uzbekistan	PROPN
ajbmeb-3031	17	25	[	[	X
ajbmeb-3031	17	26	1	1	NUM
ajbmeb-3031	17	27	]	]	PUNCT
ajbmeb-3031	17	28	.	.	PUNCT
ajbmeb-3031	18	1	the	the	DET
ajbmeb-3031	18	2	formation	formation	NOUN
ajbmeb-3031	18	3	of	of	ADP
ajbmeb-3031	18	4	uzbekistan	uzbekistan	PROPN
ajbmeb-3031	18	5	’s	’s	PART
ajbmeb-3031	18	6	primary	primary	ADJ
ajbmeb-3031	18	7	regional	regional	ADJ
ajbmeb-3031	18	8	financial	financial	ADJ
ajbmeb-3031	18	9	centre	centre	NOUN
ajbmeb-3031	18	10	must	must	AUX
ajbmeb-3031	18	11	be	be	AUX
ajbmeb-3031	18	12	pursued	pursue	VERB
ajbmeb-3031	18	13	not	not	PART
ajbmeb-3031	18	14	only	only	ADV
ajbmeb-3031	18	15	by	by	ADP
ajbmeb-3031	18	16	creating	create	VERB
ajbmeb-3031	18	17	favorable	favorable	ADJ
ajbmeb-3031	18	18	conditions	condition	NOUN
ajbmeb-3031	18	19	for	for	ADP
ajbmeb-3031	18	20	foreign	foreign	ADJ
ajbmeb-3031	18	21	investors	investor	NOUN
ajbmeb-3031	18	22	,	,	PUNCT
ajbmeb-3031	18	23	but	but	CCONJ
ajbmeb-3031	18	24	also	also	ADV
ajbmeb-3031	18	25	by	by	ADP
ajbmeb-3031	18	26	establishing	establish	VERB
ajbmeb-3031	18	27	a	a	DET
ajbmeb-3031	18	28	supportive	supportive	ADJ
ajbmeb-3031	18	29	legislative	legislative	ADJ
ajbmeb-3031	18	30	framework	framework	NOUN
ajbmeb-3031	18	31	and	and	CCONJ
ajbmeb-3031	18	32	overall	overall	ADJ
ajbmeb-3031	18	33	business	business	NOUN
ajbmeb-3031	18	34	environment	environment	NOUN
ajbmeb-3031	18	35	for	for	ADP
ajbmeb-3031	18	36	domestic	domestic	ADJ
ajbmeb-3031	18	37	entrepreneurs	entrepreneur	NOUN
ajbmeb-3031	18	38	and	and	CCONJ
ajbmeb-3031	18	39	investors	investor	NOUN
ajbmeb-3031	18	40	,	,	PUNCT
ajbmeb-3031	18	41	with	with	ADP
ajbmeb-3031	18	42	particular	particular	ADJ
ajbmeb-3031	18	43	attention	attention	NOUN
ajbmeb-3031	18	44	to	to	ADP
ajbmeb-3031	18	45	the	the	DET
ajbmeb-3031	18	46	needs	need	NOUN
ajbmeb-3031	18	47	of	of	ADP
ajbmeb-3031	18	48	small	small	ADJ
ajbmeb-3031	18	49	and	and	CCONJ
ajbmeb-3031	18	50	medium	medium	ADJ
ajbmeb-3031	18	51	-	-	PUNCT
ajbmeb-3031	18	52	sized	sized	ADJ
ajbmeb-3031	18	53	enterprises	enterprise	NOUN
ajbmeb-3031	18	54	(	(	PUNCT
ajbmeb-3031	18	55	smes	sme	NOUN
ajbmeb-3031	18	56	)	)	PUNCT
ajbmeb-3031	18	57	.	.	PUNCT
ajbmeb-3031	19	1	literature	literature	PROPN
ajbmeb-3031	19	2	review	review	PROPN
ajbmeb-3031	19	3	according	accord	VERB
ajbmeb-3031	19	4	to	to	ADP
ajbmeb-3031	19	5	d.	d.	PROPN
ajbmeb-3031	19	6	kindleberger	kindleberger	PROPN
ajbmeb-3031	19	7	,	,	PUNCT
ajbmeb-3031	19	8	the	the	DET
ajbmeb-3031	19	9	emergence	emergence	NOUN
ajbmeb-3031	19	10	of	of	ADP
ajbmeb-3031	19	11	international	international	ADJ
ajbmeb-3031	19	12	financial	financial	ADJ
ajbmeb-3031	19	13	centres	centre	NOUN
ajbmeb-3031	19	14	requires	require	VERB
ajbmeb-3031	19	15	the	the	DET
ajbmeb-3031	19	16	presence	presence	NOUN
ajbmeb-3031	19	17	of	of	ADP
ajbmeb-3031	19	18	both	both	CCONJ
ajbmeb-3031	19	19	economic	economic	ADJ
ajbmeb-3031	19	20	and	and	CCONJ
ajbmeb-3031	19	21	institutional	institutional	ADJ
ajbmeb-3031	19	22	preconditions	precondition	NOUN
ajbmeb-3031	19	23	.	.	PUNCT
ajbmeb-3031	20	1	these	these	PRON
ajbmeb-3031	20	2	include	include	VERB
ajbmeb-3031	20	3	an	an	DET
ajbmeb-3031	20	4	open	open	ADJ
ajbmeb-3031	20	5	and	and	CCONJ
ajbmeb-3031	20	6	liberal	liberal	ADJ
ajbmeb-3031	20	7	financial	financial	ADJ
ajbmeb-3031	20	8	system	system	NOUN
ajbmeb-3031	20	9	,	,	PUNCT
ajbmeb-3031	20	10	a	a	DET
ajbmeb-3031	20	11	competitive	competitive	ADJ
ajbmeb-3031	20	12	banking	banking	NOUN
ajbmeb-3031	20	13	sector	sector	NOUN
ajbmeb-3031	20	14	,	,	PUNCT
ajbmeb-3031	20	15	a	a	DET
ajbmeb-3031	20	16	stable	stable	ADJ
ajbmeb-3031	20	17	legal	legal	ADJ
ajbmeb-3031	20	18	and	and	CCONJ
ajbmeb-3031	20	19	political	political	ADJ
ajbmeb-3031	20	20	environment	environment	NOUN
ajbmeb-3031	20	21	,	,	PUNCT
ajbmeb-3031	20	22	and	and	CCONJ
ajbmeb-3031	20	23	well	well	ADV
ajbmeb-3031	20	24	-	-	PUNCT
ajbmeb-3031	20	25	developed	develop	VERB
ajbmeb-3031	20	26	communication	communication	NOUN
ajbmeb-3031	20	27	and	and	CCONJ
ajbmeb-3031	20	28	information	information	NOUN
ajbmeb-3031	20	29	systems	system	NOUN
ajbmeb-3031	20	30	[	[	X
ajbmeb-3031	20	31	2	2	NUM
ajbmeb-3031	20	32	]	]	PUNCT
ajbmeb-3031	20	33	.	.	PUNCT
ajbmeb-3031	21	1	r.	r.	PROPN
ajbmeb-3031	21	2	levine	levine	PROPN
ajbmeb-3031	21	3	emphasizes	emphasize	VERB
ajbmeb-3031	21	4	that	that	SCONJ
ajbmeb-3031	21	5	countries	country	NOUN
ajbmeb-3031	21	6	with	with	ADP
ajbmeb-3031	21	7	advanced	advanced	ADJ
ajbmeb-3031	21	8	financial	financial	ADJ
ajbmeb-3031	21	9	systems	system	NOUN
ajbmeb-3031	21	10	—	—	PUNCT
ajbmeb-3031	21	11	particularly	particularly	ADV
ajbmeb-3031	21	12	those	those	PRON
ajbmeb-3031	21	13	hosting	host	VERB
ajbmeb-3031	21	14	financial	financial	ADJ
ajbmeb-3031	21	15	centres	centre	NOUN
ajbmeb-3031	21	16	—	—	PUNCT
ajbmeb-3031	21	17	tend	tend	VERB
ajbmeb-3031	21	18	to	to	PART
ajbmeb-3031	21	19	exhibit	exhibit	VERB
ajbmeb-3031	21	20	higher	high	ADJ
ajbmeb-3031	21	21	rates	rate	NOUN
ajbmeb-3031	21	22	of	of	ADP
ajbmeb-3031	21	23	economic	economic	ADJ
ajbmeb-3031	21	24	growth	growth	NOUN
ajbmeb-3031	21	25	.	.	PUNCT
ajbmeb-3031	22	1	he	he	PRON
ajbmeb-3031	22	2	argues	argue	VERB
ajbmeb-3031	22	3	that	that	SCONJ
ajbmeb-3031	22	4	improvements	improvement	NOUN
ajbmeb-3031	22	5	in	in	ADP
ajbmeb-3031	22	6	financial	financial	ADJ
ajbmeb-3031	22	7	intermediation	intermediation	NOUN
ajbmeb-3031	22	8	mechanisms	mechanism	NOUN
ajbmeb-3031	22	9	enhance	enhance	VERB
ajbmeb-3031	22	10	the	the	DET
ajbmeb-3031	22	11	efficiency	efficiency	NOUN
ajbmeb-3031	22	12	of	of	ADP
ajbmeb-3031	22	13	investment	investment	NOUN
ajbmeb-3031	22	14	allocation	allocation	NOUN
ajbmeb-3031	22	15	,	,	PUNCT
ajbmeb-3031	22	16	thereby	thereby	ADV
ajbmeb-3031	22	17	supporting	support	VERB
ajbmeb-3031	22	18	long	long	ADJ
ajbmeb-3031	22	19	-	-	PUNCT
ajbmeb-3031	22	20	term	term	NOUN
ajbmeb-3031	22	21	economic	economic	ADJ
ajbmeb-3031	22	22	development	development	NOUN
ajbmeb-3031	23	1	[	[	X
ajbmeb-3031	23	2	3	3	NUM
ajbmeb-3031	23	3	]	]	PUNCT
ajbmeb-3031	23	4	.	.	PUNCT
ajbmeb-3031	24	1	a.n	a.n	PROPN
ajbmeb-3031	24	2	.	.	PROPN
ajbmeb-3031	24	3	azrilyan	azrilyan	PROPN
ajbmeb-3031	24	4	defines	define	VERB
ajbmeb-3031	24	5	international	international	ADJ
ajbmeb-3031	24	6	financial	financial	ADJ
ajbmeb-3031	24	7	centres	centre	NOUN
ajbmeb-3031	24	8	as	as	ADP
ajbmeb-3031	24	9	hubs	hub	NOUN
ajbmeb-3031	24	10	of	of	ADP
ajbmeb-3031	24	11	the	the	DET
ajbmeb-3031	24	12	international	international	ADJ
ajbmeb-3031	24	13	loan	loan	NOUN
ajbmeb-3031	24	14	capital	capital	NOUN
ajbmeb-3031	24	15	market	market	NOUN
ajbmeb-3031	24	16	[	[	X
ajbmeb-3031	24	17	4	4	NUM
ajbmeb-3031	24	18	]	]	PUNCT
ajbmeb-3031	24	19	.	.	PUNCT
ajbmeb-3031	25	1	in	in	ADP
ajbmeb-3031	25	2	his	his	PRON
ajbmeb-3031	25	3	classification	classification	NOUN
ajbmeb-3031	25	4	,	,	PUNCT
ajbmeb-3031	25	5	primary	primary	ADJ
ajbmeb-3031	25	6	centres	centre	NOUN
ajbmeb-3031	25	7	include	include	VERB
ajbmeb-3031	25	8	new	new	PROPN
ajbmeb-3031	25	9	york	york	PROPN
ajbmeb-3031	25	10	,	,	PUNCT
ajbmeb-3031	25	11	tokyo	tokyo	PROPN
ajbmeb-3031	25	12	,	,	PUNCT
ajbmeb-3031	25	13	london	london	PROPN
ajbmeb-3031	25	14	,	,	PUNCT
ajbmeb-3031	25	15	paris	paris	PROPN
ajbmeb-3031	25	16	,	,	PUNCT
ajbmeb-3031	25	17	frankfurt	frankfurt	PROPN
ajbmeb-3031	25	18	,	,	PUNCT
ajbmeb-3031	25	19	zurich	zurich	PROPN
ajbmeb-3031	25	20	,	,	PUNCT
ajbmeb-3031	25	21	and	and	CCONJ
ajbmeb-3031	25	22	luxembourg	luxembourg	PROPN
ajbmeb-3031	25	23	,	,	PUNCT
ajbmeb-3031	25	24	while	while	SCONJ
ajbmeb-3031	25	25	key	key	ADJ
ajbmeb-3031	25	26	centres	centre	NOUN
ajbmeb-3031	25	27	in	in	ADP
ajbmeb-3031	25	28	developing	develop	VERB
ajbmeb-3031	25	29	countries	country	NOUN
ajbmeb-3031	25	30	include	include	VERB
ajbmeb-3031	25	31	hong	hong	PROPN
ajbmeb-3031	25	32	kong	kong	PROPN
ajbmeb-3031	25	33	,	,	PUNCT
ajbmeb-3031	25	34	singapore	singapore	PROPN
ajbmeb-3031	25	35	,	,	PUNCT
ajbmeb-3031	25	36	bahrain	bahrain	NOUN
ajbmeb-3031	25	37	,	,	PUNCT
ajbmeb-3031	25	38	and	and	CCONJ
ajbmeb-3031	25	39	others	other	NOUN
ajbmeb-3031	25	40	.	.	PUNCT
ajbmeb-3031	26	1	these	these	DET
ajbmeb-3031	26	2	centres	centre	NOUN
ajbmeb-3031	26	3	are	be	AUX
ajbmeb-3031	26	4	characterized	characterize	VERB
ajbmeb-3031	26	5	by	by	ADP
ajbmeb-3031	26	6	a	a	DET
ajbmeb-3031	26	7	high	high	ADJ
ajbmeb-3031	26	8	concentration	concentration	NOUN
ajbmeb-3031	26	9	of	of	ADP
ajbmeb-3031	26	10	banks	bank	NOUN
ajbmeb-3031	26	11	and	and	CCONJ
ajbmeb-3031	26	12	other	other	ADJ
ajbmeb-3031	26	13	financial	financial	ADJ
ajbmeb-3031	26	14	-	-	PUNCT
ajbmeb-3031	26	15	credit	credit	NOUN
ajbmeb-3031	26	16	institutions	institution	NOUN
ajbmeb-3031	26	17	,	,	PUNCT
ajbmeb-3031	26	18	along	along	ADP
ajbmeb-3031	26	19	with	with	ADP
ajbmeb-3031	26	20	robust	robust	ADJ
ajbmeb-3031	26	21	communication	communication	NOUN
ajbmeb-3031	26	22	systems	system	NOUN
ajbmeb-3031	26	23	based	base	VERB
ajbmeb-3031	26	24	on	on	ADP
ajbmeb-3031	26	25	modern	modern	ADJ
ajbmeb-3031	26	26	computer	computer	NOUN
ajbmeb-3031	26	27	technologies	technology	NOUN
ajbmeb-3031	26	28	.	.	PUNCT
ajbmeb-3031	27	1	a.v	a.v	PROPN
ajbmeb-3031	27	2	.	.	PROPN
ajbmeb-3031	27	3	novikov	novikov	PROPN
ajbmeb-3031	27	4	and	and	CCONJ
ajbmeb-3031	27	5	i.y	i.y	PROPN
ajbmeb-3031	27	6	.	.	PROPN
ajbmeb-3031	27	7	novikova	novikova	PROPN
ajbmeb-3031	27	8	identify	identify	VERB
ajbmeb-3031	27	9	three	three	NUM
ajbmeb-3031	27	10	main	main	ADJ
ajbmeb-3031	27	11	approaches	approach	NOUN
ajbmeb-3031	27	12	to	to	ADP
ajbmeb-3031	27	13	defining	define	VERB
ajbmeb-3031	27	14	financial	financial	ADJ
ajbmeb-3031	27	15	centres	centre	NOUN
ajbmeb-3031	27	16	[	[	X
ajbmeb-3031	27	17	5	5	NUM
ajbmeb-3031	27	18	]	]	PUNCT
ajbmeb-3031	27	19	.	.	PUNCT
ajbmeb-3031	28	1	from	from	ADP
ajbmeb-3031	28	2	a	a	DET
ajbmeb-3031	28	3	functional	functional	ADJ
ajbmeb-3031	28	4	standpoint	standpoint	NOUN
ajbmeb-3031	28	5	,	,	PUNCT
ajbmeb-3031	28	6	financial	financial	ADJ
ajbmeb-3031	28	7	centres	centre	NOUN
ajbmeb-3031	28	8	provide	provide	VERB
ajbmeb-3031	28	9	a	a	DET
ajbmeb-3031	28	10	wide	wide	ADJ
ajbmeb-3031	28	11	range	range	NOUN
ajbmeb-3031	28	12	of	of	ADP
ajbmeb-3031	28	13	financial	financial	ADJ
ajbmeb-3031	28	14	and	and	CCONJ
ajbmeb-3031	28	15	consulting	consulting	NOUN
ajbmeb-3031	28	16	services	service	NOUN
ajbmeb-3031	28	17	.	.	PUNCT
ajbmeb-3031	29	1	from	from	ADP
ajbmeb-3031	29	2	an	an	DET
ajbmeb-3031	29	3	institutional	institutional	ADJ
ajbmeb-3031	29	4	perspective	perspective	NOUN
ajbmeb-3031	29	5	,	,	PUNCT
ajbmeb-3031	29	6	they	they	PRON
ajbmeb-3031	29	7	comprise	comprise	VERB
ajbmeb-3031	29	8	a	a	DET
ajbmeb-3031	29	9	system	system	NOUN
ajbmeb-3031	29	10	of	of	ADP
ajbmeb-3031	29	11	financial	financial	ADJ
ajbmeb-3031	29	12	institutions	institution	NOUN
ajbmeb-3031	29	13	engaged	engage	VERB
ajbmeb-3031	29	14	in	in	ADP
ajbmeb-3031	29	15	various	various	ADJ
ajbmeb-3031	29	16	financial	financial	ADJ
ajbmeb-3031	29	17	operations	operation	NOUN
ajbmeb-3031	29	18	.	.	PUNCT
ajbmeb-3031	30	1	from	from	ADP
ajbmeb-3031	30	2	a	a	DET
ajbmeb-3031	30	3	geopolitical	geopolitical	ADJ
ajbmeb-3031	30	4	view	view	NOUN
ajbmeb-3031	30	5	,	,	PUNCT
ajbmeb-3031	30	6	financial	financial	ADJ
ajbmeb-3031	30	7	centres	centre	NOUN
ajbmeb-3031	30	8	are	be	AUX
ajbmeb-3031	30	9	global	global	ADJ
ajbmeb-3031	30	10	cities	city	NOUN
ajbmeb-3031	30	11	with	with	ADP
ajbmeb-3031	30	12	advanced	advanced	ADJ
ajbmeb-3031	30	13	infrastructure	infrastructure	NOUN
ajbmeb-3031	30	14	capable	capable	ADJ
ajbmeb-3031	30	15	of	of	ADP
ajbmeb-3031	30	16	serving	serve	VERB
ajbmeb-3031	30	17	financial	financial	ADJ
ajbmeb-3031	30	18	market	market	NOUN
ajbmeb-3031	30	19	participants	participant	NOUN
ajbmeb-3031	30	20	efficiently	efficiently	ADV
ajbmeb-3031	30	21	and	and	CCONJ
ajbmeb-3031	30	22	facilitating	facilitate	VERB
ajbmeb-3031	30	23	the	the	DET
ajbmeb-3031	30	24	attraction	attraction	NOUN
ajbmeb-3031	30	25	and	and	CCONJ
ajbmeb-3031	30	26	redistribution	redistribution	NOUN
ajbmeb-3031	30	27	of	of	ADP
ajbmeb-3031	30	28	capital	capital	NOUN
ajbmeb-3031	30	29	.	.	PUNCT
ajbmeb-3031	31	1	z.	z.	PROPN
ajbmeb-3031	31	2	bodie	bodie	PROPN
ajbmeb-3031	31	3	,	,	PUNCT
ajbmeb-3031	31	4	one	one	NUM
ajbmeb-3031	31	5	of	of	ADP
ajbmeb-3031	31	6	the	the	DET
ajbmeb-3031	31	7	prominent	prominent	ADJ
ajbmeb-3031	31	8	representatives	representative	NOUN
ajbmeb-3031	31	9	of	of	ADP
ajbmeb-3031	31	10	modern	modern	ADJ
ajbmeb-3031	31	11	financial	financial	ADJ
ajbmeb-3031	31	12	theory	theory	NOUN
ajbmeb-3031	31	13	,	,	PUNCT
ajbmeb-3031	31	14	provides	provide	VERB
ajbmeb-3031	31	15	theoretical	theoretical	ADJ
ajbmeb-3031	31	16	perspectives	perspective	NOUN
ajbmeb-3031	31	17	on	on	ADP
ajbmeb-3031	31	18	financial	financial	ADJ
ajbmeb-3031	31	19	infrastructure	infrastructure	NOUN
ajbmeb-3031	31	20	,	,	PUNCT
ajbmeb-3031	31	21	market	market	NOUN
ajbmeb-3031	31	22	intermediation	intermediation	NOUN
ajbmeb-3031	31	23	,	,	PUNCT
ajbmeb-3031	31	24	and	and	CCONJ
ajbmeb-3031	31	25	global	global	ADJ
ajbmeb-3031	31	26	capital	capital	NOUN
ajbmeb-3031	31	27	flows	flow	VERB
ajbmeb-3031	31	28	.	.	PUNCT
ajbmeb-3031	32	1	his	his	PRON
ajbmeb-3031	32	2	views	view	NOUN
ajbmeb-3031	32	3	are	be	AUX
ajbmeb-3031	32	4	of	of	ADP
ajbmeb-3031	32	5	great	great	ADJ
ajbmeb-3031	32	6	significance	significance	NOUN
ajbmeb-3031	32	7	in	in	ADP
ajbmeb-3031	32	8	understanding	understand	VERB
ajbmeb-3031	32	9	the	the	DET
ajbmeb-3031	32	10	key	key	ADJ
ajbmeb-3031	32	11	functions	function	NOUN
ajbmeb-3031	32	12	and	and	CCONJ
ajbmeb-3031	32	13	roles	role	NOUN
ajbmeb-3031	32	14	of	of	ADP
ajbmeb-3031	32	15	international	international	ADJ
ajbmeb-3031	32	16	financial	financial	ADJ
ajbmeb-3031	32	17	centres	centre	NOUN
ajbmeb-3031	32	18	in	in	ADP
ajbmeb-3031	32	19	the	the	DET
ajbmeb-3031	32	20	global	global	ADJ
ajbmeb-3031	32	21	economy	economy	NOUN
ajbmeb-3031	32	22	[	[	X
ajbmeb-3031	32	23	6	6	NUM
ajbmeb-3031	32	24	]	]	PUNCT
ajbmeb-3031	32	25	.	.	PUNCT
ajbmeb-3031	33	1	v.v	v.v	PROPN
ajbmeb-3031	33	2	.	.	PROPN
ajbmeb-3031	33	3	klimachev	klimachev	PROPN
ajbmeb-3031	33	4	,	,	PUNCT
ajbmeb-3031	33	5	in	in	ADP
ajbmeb-3031	33	6	his	his	PRON
ajbmeb-3031	33	7	academic	academic	ADJ
ajbmeb-3031	33	8	research	research	NOUN
ajbmeb-3031	33	9	,	,	PUNCT
ajbmeb-3031	33	10	also	also	ADV
ajbmeb-3031	33	11	offers	offer	VERB
ajbmeb-3031	33	12	a	a	DET
ajbmeb-3031	33	13	definition	definition	NOUN
ajbmeb-3031	33	14	of	of	ADP
ajbmeb-3031	33	15	international	international	ADJ
ajbmeb-3031	33	16	financial	financial	ADJ
ajbmeb-3031	33	17	centres	centre	NOUN
ajbmeb-3031	33	18	.	.	PUNCT
ajbmeb-3031	34	1	he	he	PRON
ajbmeb-3031	34	2	views	view	VERB
ajbmeb-3031	34	3	them	they	PRON
ajbmeb-3031	34	4	as	as	ADP
ajbmeb-3031	34	5	centres	centre	NOUN
ajbmeb-3031	34	6	of	of	ADP
ajbmeb-3031	34	7	global	global	ADJ
ajbmeb-3031	34	8	rent	rent	NOUN
ajbmeb-3031	34	9	generation	generation	NOUN
ajbmeb-3031	34	10	through	through	ADP
ajbmeb-3031	34	11	the	the	DET
ajbmeb-3031	34	12	legitimization	legitimization	NOUN
ajbmeb-3031	34	13	of	of	ADP
ajbmeb-3031	34	14	international	international	ADJ
ajbmeb-3031	34	15	financial	financial	ADJ
ajbmeb-3031	34	16	and	and	CCONJ
ajbmeb-3031	34	17	credit	credit	NOUN
ajbmeb-3031	34	18	operations	operation	NOUN
ajbmeb-3031	34	19	,	,	PUNCT
ajbmeb-3031	34	20	carried	carry	VERB
ajbmeb-3031	34	21	out	out	ADP
ajbmeb-3031	34	22	via	via	ADP
ajbmeb-3031	34	23	banks	bank	NOUN
ajbmeb-3031	34	24	,	,	PUNCT
ajbmeb-3031	34	25	funds	fund	NOUN
ajbmeb-3031	34	26	,	,	PUNCT
ajbmeb-3031	34	27	and	and	CCONJ
ajbmeb-3031	34	28	economic	economic	ADJ
ajbmeb-3031	34	29	-	-	PUNCT
ajbmeb-3031	34	30	financial	financial	ADJ
ajbmeb-3031	34	31	mechanisms	mechanism	NOUN
ajbmeb-3031	34	32	such	such	ADJ
ajbmeb-3031	34	33	as	as	ADP
ajbmeb-3031	34	34	exchange	exchange	NOUN
ajbmeb-3031	34	35	rates	rate	NOUN
ajbmeb-3031	34	36	and	and	CCONJ
ajbmeb-3031	34	37	interest	interest	NOUN
ajbmeb-3031	34	38	rates	rate	NOUN
ajbmeb-3031	34	39	[	[	X
ajbmeb-3031	34	40	7	7	NUM
ajbmeb-3031	34	41	]	]	PUNCT
ajbmeb-3031	34	42	.	.	PUNCT
ajbmeb-3031	35	1	research	research	NOUN
ajbmeb-3031	35	2	methodology	methodology	NOUN
ajbmeb-3031	35	3	to	to	PART
ajbmeb-3031	35	4	examine	examine	VERB
ajbmeb-3031	35	5	the	the	DET
ajbmeb-3031	35	6	research	research	NOUN
ajbmeb-3031	35	7	problem	problem	NOUN
ajbmeb-3031	35	8	,	,	PUNCT
ajbmeb-3031	35	9	the	the	DET
ajbmeb-3031	35	10	study	study	NOUN
ajbmeb-3031	35	11	employs	employ	VERB
ajbmeb-3031	35	12	methods	method	NOUN
ajbmeb-3031	35	13	of	of	ADP
ajbmeb-3031	35	14	system	system	NOUN
ajbmeb-3031	35	15	analysis	analysis	NOUN
ajbmeb-3031	35	16	,	,	PUNCT
ajbmeb-3031	35	17	scientific	scientific	ADJ
ajbmeb-3031	35	18	observation	observation	NOUN
ajbmeb-3031	35	19	,	,	PUNCT
ajbmeb-3031	35	20	analytical	analytical	ADJ
ajbmeb-3031	35	21	and	and	CCONJ
ajbmeb-3031	35	22	synthetic	synthetic	ADJ
ajbmeb-3031	35	23	reasoning	reasoning	NOUN
ajbmeb-3031	35	24	,	,	PUNCT
ajbmeb-3031	35	25	as	as	ADV
ajbmeb-3031	35	26	well	well	ADV
ajbmeb-3031	35	27	as	as	ADP
ajbmeb-3031	35	28	inductive	inductive	ADJ
ajbmeb-3031	35	29	and	and	CCONJ
ajbmeb-3031	35	30	deductive	deductive	ADJ
ajbmeb-3031	35	31	approaches	approach	NOUN
ajbmeb-3031	35	32	.	.	PUNCT
ajbmeb-3031	36	1	american	american	ADJ
ajbmeb-3031	36	2	journal	journal	PROPN
ajbmeb-3031	36	3	of	of	ADP
ajbmeb-3031	36	4	business	business	NOUN
ajbmeb-3031	36	5	management	management	NOUN
ajbmeb-3031	36	6	,	,	PUNCT
ajbmeb-3031	36	7	economics	economic	NOUN
ajbmeb-3031	36	8	and	and	CCONJ
ajbmeb-3031	36	9	banking	banking	NOUN
ajbmeb-3031	36	10	volume	volume	NOUN
ajbmeb-3031	36	11	37	37	NUM
ajbmeb-3031	36	12	june2025	june2025	PROPN
ajbmeb-3031	36	13	p	p	NOUN
ajbmeb-3031	36	14	a	a	PRON
ajbmeb-3031	36	15	g	g	NOUN
ajbmeb-3031	36	16	e	e	NOUN
ajbmeb-3031	36	17	|	|	ADV
ajbmeb-3031	36	18	170	170	NUM
ajbmeb-3031	36	19	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3031	36	20	results	result	NOUN
ajbmeb-3031	36	21	and	and	CCONJ
ajbmeb-3031	36	22	analysis	analysis	NOUN
ajbmeb-3031	36	23	the	the	DET
ajbmeb-3031	36	24	strategic	strategic	ADJ
ajbmeb-3031	36	25	importance	importance	NOUN
ajbmeb-3031	36	26	of	of	ADP
ajbmeb-3031	36	27	establishing	establish	VERB
ajbmeb-3031	36	28	an	an	DET
ajbmeb-3031	36	29	ifc	ifc	NOUN
ajbmeb-3031	36	30	is	be	AUX
ajbmeb-3031	36	31	increasingly	increasingly	ADV
ajbmeb-3031	36	32	recognized	recognize	VERB
ajbmeb-3031	36	33	by	by	ADP
ajbmeb-3031	36	34	both	both	PRON
ajbmeb-3031	36	35	developed	developed	ADJ
ajbmeb-3031	36	36	and	and	CCONJ
ajbmeb-3031	36	37	emerging	emerge	VERB
ajbmeb-3031	36	38	economies	economy	NOUN
ajbmeb-3031	36	39	.	.	PUNCT
ajbmeb-3031	37	1	these	these	DET
ajbmeb-3031	37	2	centers	center	NOUN
ajbmeb-3031	37	3	act	act	VERB
ajbmeb-3031	37	4	as	as	ADP
ajbmeb-3031	37	5	platforms	platform	NOUN
ajbmeb-3031	37	6	for	for	ADP
ajbmeb-3031	37	7	attracting	attract	VERB
ajbmeb-3031	37	8	and	and	CCONJ
ajbmeb-3031	37	9	reallocating	reallocate	VERB
ajbmeb-3031	37	10	global	global	ADJ
ajbmeb-3031	37	11	financial	financial	ADJ
ajbmeb-3031	37	12	flows	flow	NOUN
ajbmeb-3031	37	13	,	,	PUNCT
ajbmeb-3031	37	14	contributing	contribute	VERB
ajbmeb-3031	37	15	to	to	ADP
ajbmeb-3031	37	16	national	national	ADJ
ajbmeb-3031	37	17	economic	economic	ADJ
ajbmeb-3031	37	18	development	development	NOUN
ajbmeb-3031	37	19	through	through	ADP
ajbmeb-3031	37	20	increased	increase	VERB
ajbmeb-3031	37	21	capital	capital	NOUN
ajbmeb-3031	37	22	inflows	inflow	NOUN
ajbmeb-3031	37	23	,	,	PUNCT
ajbmeb-3031	37	24	employment	employment	NOUN
ajbmeb-3031	37	25	growth	growth	NOUN
ajbmeb-3031	37	26	,	,	PUNCT
ajbmeb-3031	37	27	and	and	CCONJ
ajbmeb-3031	37	28	fiscal	fiscal	ADJ
ajbmeb-3031	37	29	revenues	revenue	NOUN
ajbmeb-3031	37	30	,	,	PUNCT
ajbmeb-3031	37	31	including	include	VERB
ajbmeb-3031	37	32	taxes	taxis	NOUN
ajbmeb-3031	37	33	on	on	ADP
ajbmeb-3031	37	34	high	high	ADJ
ajbmeb-3031	37	35	-	-	PUNCT
ajbmeb-3031	37	36	income	income	NOUN
ajbmeb-3031	37	37	professionals	professional	NOUN
ajbmeb-3031	37	38	.	.	PUNCT
ajbmeb-3031	38	1	additionally	additionally	ADV
ajbmeb-3031	38	2	,	,	PUNCT
ajbmeb-3031	38	3	ifcs	ifc	VERB
ajbmeb-3031	38	4	enhance	enhance	VERB
ajbmeb-3031	38	5	the	the	DET
ajbmeb-3031	38	6	international	international	ADJ
ajbmeb-3031	38	7	status	status	NOUN
ajbmeb-3031	38	8	of	of	ADP
ajbmeb-3031	38	9	a	a	DET
ajbmeb-3031	38	10	country	country	NOUN
ajbmeb-3031	38	11	’s	’s	PART
ajbmeb-3031	38	12	currency	currency	NOUN
ajbmeb-3031	38	13	and	and	CCONJ
ajbmeb-3031	38	14	contribute	contribute	VERB
ajbmeb-3031	38	15	positively	positively	ADV
ajbmeb-3031	38	16	to	to	ADP
ajbmeb-3031	38	17	the	the	DET
ajbmeb-3031	38	18	balance	balance	NOUN
ajbmeb-3031	38	19	of	of	ADP
ajbmeb-3031	38	20	payments	payment	NOUN
ajbmeb-3031	38	21	.	.	PUNCT
ajbmeb-3031	39	1	at	at	ADP
ajbmeb-3031	39	2	the	the	DET
ajbmeb-3031	39	3	core	core	NOUN
ajbmeb-3031	39	4	of	of	ADP
ajbmeb-3031	39	5	ifcs	ifc	NOUN
ajbmeb-3031	39	6	are	be	AUX
ajbmeb-3031	39	7	banks	bank	NOUN
ajbmeb-3031	39	8	and	and	CCONJ
ajbmeb-3031	39	9	financial	financial	ADJ
ajbmeb-3031	39	10	institutions	institution	NOUN
ajbmeb-3031	39	11	that	that	PRON
ajbmeb-3031	39	12	are	be	AUX
ajbmeb-3031	39	13	deeply	deeply	ADV
ajbmeb-3031	39	14	embedded	embed	VERB
ajbmeb-3031	39	15	in	in	ADP
ajbmeb-3031	39	16	global	global	ADJ
ajbmeb-3031	39	17	economic	economic	ADJ
ajbmeb-3031	39	18	networks	network	NOUN
ajbmeb-3031	39	19	.	.	PUNCT
ajbmeb-3031	40	1	over	over	ADP
ajbmeb-3031	40	2	time	time	NOUN
ajbmeb-3031	40	3	,	,	PUNCT
ajbmeb-3031	40	4	ifcs	ifc	NOUN
ajbmeb-3031	40	5	have	have	AUX
ajbmeb-3031	40	6	evolved	evolve	VERB
ajbmeb-3031	40	7	into	into	ADP
ajbmeb-3031	40	8	powerful	powerful	ADJ
ajbmeb-3031	40	9	information	information	NOUN
ajbmeb-3031	40	10	-	-	PUNCT
ajbmeb-3031	40	11	analytical	analytical	ADJ
ajbmeb-3031	40	12	and	and	CCONJ
ajbmeb-3031	40	13	organizational	organizational	ADJ
ajbmeb-3031	40	14	hubs	hub	NOUN
ajbmeb-3031	40	15	,	,	PUNCT
ajbmeb-3031	40	16	offering	offer	VERB
ajbmeb-3031	40	17	significant	significant	ADJ
ajbmeb-3031	40	18	credit	credit	NOUN
ajbmeb-3031	40	19	potential	potential	NOUN
ajbmeb-3031	40	20	.	.	PUNCT
ajbmeb-3031	41	1	supporting	support	VERB
ajbmeb-3031	41	2	institutions	institution	NOUN
ajbmeb-3031	41	3	,	,	PUNCT
ajbmeb-3031	41	4	such	such	ADJ
ajbmeb-3031	41	5	as	as	ADP
ajbmeb-3031	41	6	international	international	ADJ
ajbmeb-3031	41	7	legal	legal	ADJ
ajbmeb-3031	41	8	firms	firm	NOUN
ajbmeb-3031	41	9	,	,	PUNCT
ajbmeb-3031	41	10	auditing	auditing	NOUN
ajbmeb-3031	41	11	companies	company	NOUN
ajbmeb-3031	41	12	,	,	PUNCT
ajbmeb-3031	41	13	and	and	CCONJ
ajbmeb-3031	41	14	management	management	NOUN
ajbmeb-3031	41	15	consultancies	consultancy	NOUN
ajbmeb-3031	41	16	,	,	PUNCT
ajbmeb-3031	41	17	play	play	VERB
ajbmeb-3031	41	18	a	a	DET
ajbmeb-3031	41	19	crucial	crucial	ADJ
ajbmeb-3031	41	20	role	role	NOUN
ajbmeb-3031	41	21	in	in	ADP
ajbmeb-3031	41	22	servicing	service	VERB
ajbmeb-3031	41	23	financial	financial	ADJ
ajbmeb-3031	41	24	transactions	transaction	NOUN
ajbmeb-3031	41	25	.	.	PUNCT
ajbmeb-3031	42	1	moreover	moreover	ADV
ajbmeb-3031	42	2	,	,	PUNCT
ajbmeb-3031	42	3	the	the	DET
ajbmeb-3031	42	4	demand	demand	NOUN
ajbmeb-3031	42	5	for	for	ADP
ajbmeb-3031	42	6	expertise	expertise	NOUN
ajbmeb-3031	42	7	in	in	ADP
ajbmeb-3031	42	8	comparative	comparative	ADJ
ajbmeb-3031	42	9	economic	economic	ADJ
ajbmeb-3031	42	10	and	and	CCONJ
ajbmeb-3031	42	11	legal	legal	ADJ
ajbmeb-3031	42	12	analysis	analysis	NOUN
ajbmeb-3031	42	13	has	have	AUX
ajbmeb-3031	42	14	grown	grow	VERB
ajbmeb-3031	42	15	,	,	PUNCT
ajbmeb-3031	42	16	reinforcing	reinforce	VERB
ajbmeb-3031	42	17	the	the	DET
ajbmeb-3031	42	18	interdisciplinary	interdisciplinary	ADJ
ajbmeb-3031	42	19	nature	nature	NOUN
ajbmeb-3031	42	20	of	of	ADP
ajbmeb-3031	42	21	ifcs	ifcs	PROPN
ajbmeb-3031	42	22	.	.	PUNCT
ajbmeb-3031	43	1	the	the	DET
ajbmeb-3031	43	2	rise	rise	NOUN
ajbmeb-3031	43	3	of	of	ADP
ajbmeb-3031	43	4	analytical	analytical	ADJ
ajbmeb-3031	43	5	centers	center	NOUN
ajbmeb-3031	43	6	tanks	tank	NOUN
ajbmeb-3031	43	7	capable	capable	ADJ
ajbmeb-3031	43	8	of	of	ADP
ajbmeb-3031	43	9	conducting	conduct	VERB
ajbmeb-3031	43	10	complex	complex	ADJ
ajbmeb-3031	43	11	research	research	NOUN
ajbmeb-3031	43	12	,	,	PUNCT
ajbmeb-3031	43	13	developing	develop	VERB
ajbmeb-3031	43	14	indices	index	NOUN
ajbmeb-3031	43	15	and	and	CCONJ
ajbmeb-3031	43	16	financial	financial	ADJ
ajbmeb-3031	43	17	center	center	NOUN
ajbmeb-3031	43	18	rankings	ranking	NOUN
ajbmeb-3031	43	19	,	,	PUNCT
ajbmeb-3031	43	20	and	and	CCONJ
ajbmeb-3031	43	21	offering	offer	VERB
ajbmeb-3031	43	22	strategic	strategic	ADJ
ajbmeb-3031	43	23	foresight	foresight	NOUN
ajbmeb-3031	43	24	has	have	AUX
ajbmeb-3031	43	25	further	far	ADV
ajbmeb-3031	43	26	enhanced	enhance	VERB
ajbmeb-3031	43	27	the	the	DET
ajbmeb-3031	43	28	intellectual	intellectual	ADJ
ajbmeb-3031	43	29	infrastructure	infrastructure	NOUN
ajbmeb-3031	43	30	of	of	ADP
ajbmeb-3031	43	31	leading	lead	VERB
ajbmeb-3031	43	32	ifcs	ifc	NOUN
ajbmeb-3031	43	33	.	.	PUNCT
ajbmeb-3031	44	1	these	these	DET
ajbmeb-3031	44	2	centers	center	NOUN
ajbmeb-3031	44	3	are	be	AUX
ajbmeb-3031	44	4	actively	actively	ADV
ajbmeb-3031	44	5	involved	involve	VERB
ajbmeb-3031	44	6	in	in	ADP
ajbmeb-3031	44	7	analyzing	analyze	VERB
ajbmeb-3031	44	8	trends	trend	NOUN
ajbmeb-3031	44	9	in	in	ADP
ajbmeb-3031	44	10	the	the	DET
ajbmeb-3031	44	11	global	global	ADJ
ajbmeb-3031	44	12	economy	economy	NOUN
ajbmeb-3031	44	13	and	and	CCONJ
ajbmeb-3031	44	14	offering	offer	VERB
ajbmeb-3031	44	15	insights	insight	NOUN
ajbmeb-3031	44	16	into	into	ADP
ajbmeb-3031	44	17	the	the	DET
ajbmeb-3031	44	18	development	development	NOUN
ajbmeb-3031	44	19	trajectories	trajectory	NOUN
ajbmeb-3031	44	20	of	of	ADP
ajbmeb-3031	44	21	various	various	ADJ
ajbmeb-3031	44	22	national	national	ADJ
ajbmeb-3031	44	23	economies	economy	NOUN
ajbmeb-3031	44	24	.	.	PUNCT
ajbmeb-3031	45	1	in	in	ADP
ajbmeb-3031	45	2	recent	recent	ADJ
ajbmeb-3031	45	3	years	year	NOUN
ajbmeb-3031	45	4	,	,	PUNCT
ajbmeb-3031	45	5	a	a	DET
ajbmeb-3031	45	6	critical	critical	ADJ
ajbmeb-3031	45	7	function	function	NOUN
ajbmeb-3031	45	8	of	of	ADP
ajbmeb-3031	45	9	ifcs	ifc	NOUN
ajbmeb-3031	45	10	has	have	AUX
ajbmeb-3031	45	11	been	be	AUX
ajbmeb-3031	45	12	their	their	PRON
ajbmeb-3031	45	13	participation	participation	NOUN
ajbmeb-3031	45	14	in	in	ADP
ajbmeb-3031	45	15	reforming	reform	VERB
ajbmeb-3031	45	16	the	the	DET
ajbmeb-3031	45	17	global	global	ADJ
ajbmeb-3031	45	18	financial	financial	ADJ
ajbmeb-3031	45	19	architecture	architecture	NOUN
ajbmeb-3031	45	20	,	,	PUNCT
ajbmeb-3031	45	21	often	often	ADV
ajbmeb-3031	45	22	in	in	ADP
ajbmeb-3031	45	23	collaboration	collaboration	NOUN
ajbmeb-3031	45	24	with	with	ADP
ajbmeb-3031	45	25	international	international	ADJ
ajbmeb-3031	45	26	financial	financial	ADJ
ajbmeb-3031	45	27	institutions	institution	NOUN
ajbmeb-3031	45	28	and	and	CCONJ
ajbmeb-3031	45	29	g7	g7	PROPN
ajbmeb-3031	45	30	countries	country	NOUN
ajbmeb-3031	45	31	.	.	PUNCT
ajbmeb-3031	46	1	this	this	PRON
ajbmeb-3031	46	2	includes	include	VERB
ajbmeb-3031	46	3	developing	develop	VERB
ajbmeb-3031	46	4	a	a	DET
ajbmeb-3031	46	5	coherent	coherent	ADJ
ajbmeb-3031	46	6	set	set	NOUN
ajbmeb-3031	46	7	of	of	ADP
ajbmeb-3031	46	8	“	"	PUNCT
ajbmeb-3031	46	9	rules	rule	NOUN
ajbmeb-3031	46	10	of	of	ADP
ajbmeb-3031	46	11	the	the	DET
ajbmeb-3031	46	12	game	game	NOUN
ajbmeb-3031	46	13	”	"	PUNCT
ajbmeb-3031	46	14	for	for	ADP
ajbmeb-3031	46	15	financial	financial	ADJ
ajbmeb-3031	46	16	markets	market	NOUN
ajbmeb-3031	46	17	and	and	CCONJ
ajbmeb-3031	46	18	establishing	establish	VERB
ajbmeb-3031	46	19	a	a	DET
ajbmeb-3031	46	20	robust	robust	ADJ
ajbmeb-3031	46	21	institutional	institutional	ADJ
ajbmeb-3031	46	22	and	and	CCONJ
ajbmeb-3031	46	23	legal	legal	ADJ
ajbmeb-3031	46	24	framework	framework	NOUN
ajbmeb-3031	46	25	that	that	PRON
ajbmeb-3031	46	26	facilitates	facilitate	VERB
ajbmeb-3031	46	27	greater	great	ADJ
ajbmeb-3031	46	28	transparency	transparency	NOUN
ajbmeb-3031	46	29	,	,	PUNCT
ajbmeb-3031	46	30	liberalization	liberalization	NOUN
ajbmeb-3031	46	31	,	,	PUNCT
ajbmeb-3031	46	32	and	and	CCONJ
ajbmeb-3031	46	33	secure	secure	ADJ
ajbmeb-3031	46	34	access	access	NOUN
ajbmeb-3031	46	35	to	to	ADP
ajbmeb-3031	46	36	global	global	ADJ
ajbmeb-3031	46	37	financial	financial	ADJ
ajbmeb-3031	46	38	services	service	NOUN
ajbmeb-3031	46	39	.	.	PUNCT
ajbmeb-3031	47	1	countries	country	NOUN
ajbmeb-3031	47	2	lacking	lack	VERB
ajbmeb-3031	47	3	mature	mature	ADJ
ajbmeb-3031	47	4	domestic	domestic	ADJ
ajbmeb-3031	47	5	financial	financial	ADJ
ajbmeb-3031	47	6	markets	market	NOUN
ajbmeb-3031	47	7	and	and	CCONJ
ajbmeb-3031	47	8	competitive	competitive	ADJ
ajbmeb-3031	47	9	financial	financial	ADJ
ajbmeb-3031	47	10	centers	center	NOUN
ajbmeb-3031	47	11	are	be	AUX
ajbmeb-3031	47	12	likely	likely	ADJ
ajbmeb-3031	47	13	to	to	PART
ajbmeb-3031	47	14	experience	experience	VERB
ajbmeb-3031	47	15	persistent	persistent	ADJ
ajbmeb-3031	47	16	reliance	reliance	NOUN
ajbmeb-3031	47	17	on	on	ADP
ajbmeb-3031	47	18	foreign	foreign	ADJ
ajbmeb-3031	47	19	capital	capital	NOUN
ajbmeb-3031	47	20	and	and	CCONJ
ajbmeb-3031	47	21	exposure	exposure	NOUN
ajbmeb-3031	47	22	to	to	ADP
ajbmeb-3031	47	23	capital	capital	NOUN
ajbmeb-3031	47	24	flight	flight	NOUN
ajbmeb-3031	47	25	risks	risk	NOUN
ajbmeb-3031	47	26	.	.	PUNCT
ajbmeb-3031	48	1	hence	hence	ADV
ajbmeb-3031	48	2	,	,	PUNCT
ajbmeb-3031	48	3	to	to	PART
ajbmeb-3031	48	4	achieve	achieve	VERB
ajbmeb-3031	48	5	sustainable	sustainable	ADJ
ajbmeb-3031	48	6	competitiveness	competitiveness	NOUN
ajbmeb-3031	48	7	in	in	ADP
ajbmeb-3031	48	8	the	the	DET
ajbmeb-3031	48	9	international	international	ADJ
ajbmeb-3031	48	10	financial	financial	ADJ
ajbmeb-3031	48	11	arena	arena	NOUN
ajbmeb-3031	48	12	and	and	CCONJ
ajbmeb-3031	48	13	maintain	maintain	VERB
ajbmeb-3031	48	14	macroeconomic	macroeconomic	ADJ
ajbmeb-3031	48	15	sovereignty	sovereignty	NOUN
ajbmeb-3031	48	16	,	,	PUNCT
ajbmeb-3031	48	17	national	national	ADJ
ajbmeb-3031	48	18	strategies	strategy	NOUN
ajbmeb-3031	48	19	must	must	AUX
ajbmeb-3031	48	20	prioritize	prioritize	VERB
ajbmeb-3031	48	21	the	the	DET
ajbmeb-3031	48	22	development	development	NOUN
ajbmeb-3031	48	23	of	of	ADP
ajbmeb-3031	48	24	ifcs	ifc	NOUN
ajbmeb-3031	48	25	—	—	PUNCT
ajbmeb-3031	48	26	whether	whether	SCONJ
ajbmeb-3031	48	27	through	through	ADP
ajbmeb-3031	48	28	comprehensive	comprehensive	ADJ
ajbmeb-3031	48	29	financial	financial	ADJ
ajbmeb-3031	48	30	intermediation	intermediation	NOUN
ajbmeb-3031	48	31	or	or	CCONJ
ajbmeb-3031	48	32	through	through	ADP
ajbmeb-3031	48	33	targeted	target	VERB
ajbmeb-3031	48	34	specialization	specialization	NOUN
ajbmeb-3031	48	35	in	in	ADP
ajbmeb-3031	48	36	selected	select	VERB
ajbmeb-3031	48	37	financial	financial	ADJ
ajbmeb-3031	48	38	niches	niche	NOUN
ajbmeb-3031	48	39	.	.	PUNCT
ajbmeb-3031	49	1	in	in	ADP
ajbmeb-3031	49	2	2025	2025	NUM
ajbmeb-3031	49	3	the	the	DET
ajbmeb-3031	49	4	gfci	gfci	NOUN
ajbmeb-3031	49	5	assesses	assess	VERB
ajbmeb-3031	49	6	the	the	DET
ajbmeb-3031	49	7	stability	stability	NOUN
ajbmeb-3031	49	8	and	and	CCONJ
ajbmeb-3031	49	9	competitiveness	competitiveness	NOUN
ajbmeb-3031	49	10	of	of	ADP
ajbmeb-3031	49	11	133	133	NUM
ajbmeb-3031	49	12	international	international	ADJ
ajbmeb-3031	49	13	financial	financial	ADJ
ajbmeb-3031	49	14	centers	center	NOUN
ajbmeb-3031	49	15	operating	operate	VERB
ajbmeb-3031	49	16	worldwide	worldwide	ADV
ajbmeb-3031	49	17	.	.	PUNCT
ajbmeb-3031	50	1	the	the	DET
ajbmeb-3031	50	2	formation	formation	NOUN
ajbmeb-3031	50	3	of	of	ADP
ajbmeb-3031	50	4	the	the	DET
ajbmeb-3031	50	5	ranking	ranking	NOUN
ajbmeb-3031	50	6	is	be	AUX
ajbmeb-3031	50	7	based	base	VERB
ajbmeb-3031	50	8	on	on	ADP
ajbmeb-3031	50	9	the	the	DET
ajbmeb-3031	50	10	following	follow	VERB
ajbmeb-3031	50	11	key	key	ADJ
ajbmeb-3031	50	12	indicators	indicator	NOUN
ajbmeb-3031	50	13	:	:	PUNCT
ajbmeb-3031	50	14	financial	financial	ADJ
ajbmeb-3031	50	15	market	market	NOUN
ajbmeb-3031	50	16	activity	activity	NOUN
ajbmeb-3031	50	17	–	–	PUNCT
ajbmeb-3031	50	18	evaluates	evaluate	VERB
ajbmeb-3031	50	19	the	the	DET
ajbmeb-3031	50	20	operations	operation	NOUN
ajbmeb-3031	50	21	of	of	ADP
ajbmeb-3031	50	22	financial	financial	ADJ
ajbmeb-3031	50	23	institutions	institution	NOUN
ajbmeb-3031	50	24	,	,	PUNCT
ajbmeb-3031	50	25	market	market	NOUN
ajbmeb-3031	50	26	liquidity	liquidity	NOUN
ajbmeb-3031	50	27	,	,	PUNCT
ajbmeb-3031	50	28	the	the	DET
ajbmeb-3031	50	29	scope	scope	NOUN
ajbmeb-3031	50	30	of	of	ADP
ajbmeb-3031	50	31	innovative	innovative	ADJ
ajbmeb-3031	50	32	financial	financial	ADJ
ajbmeb-3031	50	33	products	product	NOUN
ajbmeb-3031	50	34	,	,	PUNCT
ajbmeb-3031	50	35	and	and	CCONJ
ajbmeb-3031	50	36	the	the	DET
ajbmeb-3031	50	37	breadth	breadth	NOUN
ajbmeb-3031	50	38	of	of	ADP
ajbmeb-3031	50	39	financial	financial	ADJ
ajbmeb-3031	50	40	services	service	NOUN
ajbmeb-3031	50	41	.	.	PUNCT
ajbmeb-3031	51	1	business	business	NOUN
ajbmeb-3031	51	2	environment	environment	NOUN
ajbmeb-3031	51	3	–	–	PUNCT
ajbmeb-3031	51	4	includes	include	VERB
ajbmeb-3031	51	5	the	the	DET
ajbmeb-3031	51	6	transparency	transparency	NOUN
ajbmeb-3031	51	7	of	of	ADP
ajbmeb-3031	51	8	the	the	DET
ajbmeb-3031	51	9	tax	tax	NOUN
ajbmeb-3031	51	10	and	and	CCONJ
ajbmeb-3031	51	11	legal	legal	ADJ
ajbmeb-3031	51	12	system	system	NOUN
ajbmeb-3031	51	13	,	,	PUNCT
ajbmeb-3031	51	14	level	level	NOUN
ajbmeb-3031	51	15	of	of	ADP
ajbmeb-3031	51	16	regulatory	regulatory	ADJ
ajbmeb-3031	51	17	frameworks	framework	NOUN
ajbmeb-3031	51	18	,	,	PUNCT
ajbmeb-3031	51	19	corruption	corruption	NOUN
ajbmeb-3031	51	20	perceptions	perception	NOUN
ajbmeb-3031	51	21	,	,	PUNCT
ajbmeb-3031	51	22	and	and	CCONJ
ajbmeb-3031	51	23	the	the	DET
ajbmeb-3031	51	24	overall	overall	ADJ
ajbmeb-3031	51	25	ease	ease	NOUN
ajbmeb-3031	51	26	of	of	ADP
ajbmeb-3031	51	27	doing	do	VERB
ajbmeb-3031	51	28	business	business	NOUN
ajbmeb-3031	51	29	.	.	PUNCT
ajbmeb-3031	52	1	human	human	ADJ
ajbmeb-3031	52	2	capital	capital	NOUN
ajbmeb-3031	52	3	–	–	PUNCT
ajbmeb-3031	52	4	assesses	assess	VERB
ajbmeb-3031	52	5	the	the	DET
ajbmeb-3031	52	6	availability	availability	NOUN
ajbmeb-3031	52	7	and	and	CCONJ
ajbmeb-3031	52	8	quality	quality	NOUN
ajbmeb-3031	52	9	of	of	ADP
ajbmeb-3031	52	10	skilled	skilled	ADJ
ajbmeb-3031	52	11	professionals	professional	NOUN
ajbmeb-3031	52	12	,	,	PUNCT
ajbmeb-3031	52	13	education	education	NOUN
ajbmeb-3031	52	14	levels	level	NOUN
ajbmeb-3031	52	15	,	,	PUNCT
ajbmeb-3031	52	16	labor	labor	NOUN
ajbmeb-3031	52	17	market	market	NOUN
ajbmeb-3031	52	18	flexibility	flexibility	NOUN
ajbmeb-3031	52	19	,	,	PUNCT
ajbmeb-3031	52	20	and	and	CCONJ
ajbmeb-3031	52	21	workforce	workforce	NOUN
ajbmeb-3031	52	22	competence	competence	NOUN
ajbmeb-3031	52	23	.	.	PUNCT
ajbmeb-3031	53	1	infrastructure	infrastructure	NOUN
ajbmeb-3031	53	2	–	–	PUNCT
ajbmeb-3031	53	3	encompasses	encompass	VERB
ajbmeb-3031	53	4	transportation	transportation	NOUN
ajbmeb-3031	53	5	systems	system	NOUN
ajbmeb-3031	53	6	,	,	PUNCT
ajbmeb-3031	53	7	ict	ict	NOUN
ajbmeb-3031	53	8	development	development	NOUN
ajbmeb-3031	53	9	,	,	PUNCT
ajbmeb-3031	53	10	financial	financial	ADJ
ajbmeb-3031	53	11	infrastructure	infrastructure	NOUN
ajbmeb-3031	53	12	,	,	PUNCT
ajbmeb-3031	53	13	and	and	CCONJ
ajbmeb-3031	53	14	quality	quality	NOUN
ajbmeb-3031	53	15	of	of	ADP
ajbmeb-3031	53	16	life	life	NOUN
ajbmeb-3031	53	17	.	.	PUNCT
ajbmeb-3031	54	1	reputation	reputation	NOUN
ajbmeb-3031	54	2	–	–	PUNCT
ajbmeb-3031	54	3	measures	measure	VERB
ajbmeb-3031	54	4	the	the	DET
ajbmeb-3031	54	5	global	global	ADJ
ajbmeb-3031	54	6	image	image	NOUN
ajbmeb-3031	54	7	of	of	ADP
ajbmeb-3031	54	8	the	the	DET
ajbmeb-3031	54	9	financial	financial	ADJ
ajbmeb-3031	54	10	center	center	NOUN
ajbmeb-3031	54	11	,	,	PUNCT
ajbmeb-3031	54	12	its	its	PRON
ajbmeb-3031	54	13	reliability	reliability	NOUN
ajbmeb-3031	54	14	,	,	PUNCT
ajbmeb-3031	54	15	specialization	specialization	NOUN
ajbmeb-3031	54	16	,	,	PUNCT
ajbmeb-3031	54	17	and	and	CCONJ
ajbmeb-3031	54	18	attractiveness	attractiveness	NOUN
ajbmeb-3031	54	19	in	in	ADP
ajbmeb-3031	54	20	the	the	DET
ajbmeb-3031	54	21	eyes	eye	NOUN
ajbmeb-3031	54	22	of	of	ADP
ajbmeb-3031	54	23	international	international	ADJ
ajbmeb-3031	54	24	investors	investor	NOUN
ajbmeb-3031	55	1	[	[	X
ajbmeb-3031	55	2	8	8	NUM
ajbmeb-3031	55	3	]	]	PUNCT
ajbmeb-3031	55	4	.	.	PUNCT
ajbmeb-3031	56	1	the	the	DET
ajbmeb-3031	56	2	gfci	gfci	NOUN
ajbmeb-3031	56	3	ranking	ranking	NOUN
ajbmeb-3031	56	4	is	be	AUX
ajbmeb-3031	56	5	compiled	compile	VERB
ajbmeb-3031	56	6	using	use	VERB
ajbmeb-3031	56	7	data	datum	NOUN
ajbmeb-3031	56	8	and	and	CCONJ
ajbmeb-3031	56	9	assessments	assessment	NOUN
ajbmeb-3031	56	10	from	from	ADP
ajbmeb-3031	56	11	over	over	ADP
ajbmeb-3031	56	12	30,000	30,000	NUM
ajbmeb-3031	56	13	financial	financial	ADJ
ajbmeb-3031	56	14	sector	sector	NOUN
ajbmeb-3031	56	15	professionals	professional	NOUN
ajbmeb-3031	56	16	across	across	ADP
ajbmeb-3031	56	17	133	133	NUM
ajbmeb-3031	56	18	countries	country	NOUN
ajbmeb-3031	56	19	,	,	PUNCT
ajbmeb-3031	56	20	including	include	VERB
ajbmeb-3031	56	21	input	input	NOUN
ajbmeb-3031	56	22	from	from	ADP
ajbmeb-3031	56	23	5,000	5,000	NUM
ajbmeb-3031	56	24	international	international	ADJ
ajbmeb-3031	56	25	corporations	corporation	NOUN
ajbmeb-3031	56	26	.	.	PUNCT
ajbmeb-3031	57	1	over	over	ADP
ajbmeb-3031	57	2	11,000	11,000	NUM
ajbmeb-3031	57	3	interviews	interview	NOUN
ajbmeb-3031	57	4	and	and	CCONJ
ajbmeb-3031	57	5	evaluations	evaluation	NOUN
ajbmeb-3031	57	6	conducted	conduct	VERB
ajbmeb-3031	57	7	with	with	ADP
ajbmeb-3031	57	8	finance	finance	NOUN
ajbmeb-3031	57	9	experts	expert	NOUN
ajbmeb-3031	57	10	,	,	PUNCT
ajbmeb-3031	57	11	analysts	analyst	NOUN
ajbmeb-3031	57	12	,	,	PUNCT
ajbmeb-3031	57	13	and	and	CCONJ
ajbmeb-3031	57	14	investors	investor	NOUN
ajbmeb-3031	57	15	contribute	contribute	VERB
ajbmeb-3031	57	16	to	to	ADP
ajbmeb-3031	57	17	the	the	DET
ajbmeb-3031	57	18	index	index	NOUN
ajbmeb-3031	57	19	's	's	PART
ajbmeb-3031	57	20	construction	construction	NOUN
ajbmeb-3031	57	21	.	.	PUNCT
ajbmeb-3031	58	1	american	american	ADJ
ajbmeb-3031	58	2	journal	journal	PROPN
ajbmeb-3031	58	3	of	of	ADP
ajbmeb-3031	58	4	business	business	NOUN
ajbmeb-3031	58	5	management	management	NOUN
ajbmeb-3031	58	6	,	,	PUNCT
ajbmeb-3031	58	7	economics	economic	NOUN
ajbmeb-3031	58	8	and	and	CCONJ
ajbmeb-3031	58	9	banking	banking	NOUN
ajbmeb-3031	58	10	volume	volume	NOUN
ajbmeb-3031	58	11	37	37	NUM
ajbmeb-3031	58	12	june2025	june2025	PROPN
ajbmeb-3031	58	13	p	p	NOUN
ajbmeb-3031	58	14	a	a	PRON
ajbmeb-3031	58	15	g	g	NOUN
ajbmeb-3031	58	16	e	e	NOUN
ajbmeb-3031	58	17	|	|	ADV
ajbmeb-3031	58	18	171	171	NUM
ajbmeb-3031	58	19	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3031	58	20	ifcs	ifcs	AUX
ajbmeb-3031	58	21	play	play	VERB
ajbmeb-3031	58	22	a	a	DET
ajbmeb-3031	58	23	key	key	ADJ
ajbmeb-3031	58	24	role	role	NOUN
ajbmeb-3031	58	25	in	in	ADP
ajbmeb-3031	58	26	attracting	attract	VERB
ajbmeb-3031	58	27	international	international	ADJ
ajbmeb-3031	58	28	capital	capital	NOUN
ajbmeb-3031	58	29	through	through	ADP
ajbmeb-3031	58	30	their	their	PRON
ajbmeb-3031	58	31	stock	stock	NOUN
ajbmeb-3031	58	32	markets	market	NOUN
ajbmeb-3031	58	33	,	,	PUNCT
ajbmeb-3031	58	34	offering	offer	VERB
ajbmeb-3031	58	35	foreign	foreign	ADJ
ajbmeb-3031	58	36	investors	investor	NOUN
ajbmeb-3031	58	37	access	access	NOUN
ajbmeb-3031	58	38	to	to	ADP
ajbmeb-3031	58	39	local	local	ADJ
ajbmeb-3031	58	40	corporate	corporate	ADJ
ajbmeb-3031	58	41	securities	security	NOUN
ajbmeb-3031	58	42	.	.	PUNCT
ajbmeb-3031	59	1	this	this	PRON
ajbmeb-3031	59	2	not	not	PART
ajbmeb-3031	59	3	only	only	ADV
ajbmeb-3031	59	4	fuels	fuel	VERB
ajbmeb-3031	59	5	economic	economic	ADJ
ajbmeb-3031	59	6	development	development	NOUN
ajbmeb-3031	59	7	but	but	CCONJ
ajbmeb-3031	59	8	also	also	ADV
ajbmeb-3031	59	9	enhances	enhance	VERB
ajbmeb-3031	59	10	the	the	DET
ajbmeb-3031	59	11	center	center	NOUN
ajbmeb-3031	59	12	’s	’s	PART
ajbmeb-3031	59	13	strategic	strategic	ADJ
ajbmeb-3031	59	14	positioning	positioning	NOUN
ajbmeb-3031	59	15	within	within	ADP
ajbmeb-3031	59	16	the	the	DET
ajbmeb-3031	59	17	global	global	ADJ
ajbmeb-3031	59	18	financial	financial	ADJ
ajbmeb-3031	59	19	system	system	NOUN
ajbmeb-3031	59	20	.	.	PUNCT
ajbmeb-3031	60	1	the	the	DET
ajbmeb-3031	60	2	free	free	ADJ
ajbmeb-3031	60	3	and	and	CCONJ
ajbmeb-3031	60	4	transparent	transparent	ADJ
ajbmeb-3031	60	5	movement	movement	NOUN
ajbmeb-3031	60	6	of	of	ADP
ajbmeb-3031	60	7	capital	capital	NOUN
ajbmeb-3031	60	8	is	be	AUX
ajbmeb-3031	60	9	essential	essential	ADJ
ajbmeb-3031	60	10	to	to	ADP
ajbmeb-3031	60	11	maintaining	maintain	VERB
ajbmeb-3031	60	12	an	an	DET
ajbmeb-3031	60	13	ifc	ifc	NOUN
ajbmeb-3031	60	14	’s	’s	PART
ajbmeb-3031	60	15	global	global	ADJ
ajbmeb-3031	60	16	competitiveness	competitiveness	NOUN
ajbmeb-3031	60	17	.	.	PUNCT
ajbmeb-3031	61	1	market	market	NOUN
ajbmeb-3031	61	2	-	-	PUNCT
ajbmeb-3031	61	3	based	base	VERB
ajbmeb-3031	61	4	pricing	pricing	NOUN
ajbmeb-3031	61	5	of	of	ADP
ajbmeb-3031	61	6	financial	financial	ADJ
ajbmeb-3031	61	7	assets	asset	NOUN
ajbmeb-3031	61	8	derived	derive	VERB
ajbmeb-3031	61	9	through	through	ADP
ajbmeb-3031	61	10	stock	stock	NOUN
ajbmeb-3031	61	11	market	market	NOUN
ajbmeb-3031	61	12	operations	operation	NOUN
ajbmeb-3031	61	13	serves	serve	VERB
ajbmeb-3031	61	14	as	as	ADP
ajbmeb-3031	61	15	a	a	DET
ajbmeb-3031	61	16	critical	critical	ADJ
ajbmeb-3031	61	17	informational	informational	ADJ
ajbmeb-3031	61	18	foundation	foundation	NOUN
ajbmeb-3031	61	19	for	for	ADP
ajbmeb-3031	61	20	ifcs	ifc	NOUN
ajbmeb-3031	61	21	.	.	PUNCT
ajbmeb-3031	62	1	transparent	transparent	ADJ
ajbmeb-3031	62	2	and	and	CCONJ
ajbmeb-3031	62	3	efficient	efficient	ADJ
ajbmeb-3031	62	4	price	price	NOUN
ajbmeb-3031	62	5	discovery	discovery	NOUN
ajbmeb-3031	62	6	supports	support	VERB
ajbmeb-3031	62	7	financial	financial	ADJ
ajbmeb-3031	62	8	decision	decision	NOUN
ajbmeb-3031	62	9	-	-	PUNCT
ajbmeb-3031	62	10	making	making	NOUN
ajbmeb-3031	62	11	and	and	CCONJ
ajbmeb-3031	62	12	strengthens	strengthen	VERB
ajbmeb-3031	62	13	systemic	systemic	ADJ
ajbmeb-3031	62	14	stability	stability	NOUN
ajbmeb-3031	62	15	.	.	PUNCT
ajbmeb-3031	63	1	accurate	accurate	ADJ
ajbmeb-3031	63	2	pricing	pricing	NOUN
ajbmeb-3031	63	3	signals	signal	NOUN
ajbmeb-3031	63	4	improve	improve	VERB
ajbmeb-3031	63	5	resource	resource	NOUN
ajbmeb-3031	63	6	allocation	allocation	NOUN
ajbmeb-3031	63	7	and	and	CCONJ
ajbmeb-3031	63	8	allow	allow	VERB
ajbmeb-3031	63	9	financial	financial	ADJ
ajbmeb-3031	63	10	institutions	institution	NOUN
ajbmeb-3031	63	11	to	to	PART
ajbmeb-3031	63	12	better	well	ADJ
ajbmeb-3031	63	13	assess	assess	VERB
ajbmeb-3031	63	14	and	and	CCONJ
ajbmeb-3031	63	15	manage	manage	VERB
ajbmeb-3031	63	16	risk	risk	NOUN
ajbmeb-3031	63	17	.	.	PUNCT
ajbmeb-3031	64	1	stock	stock	NOUN
ajbmeb-3031	64	2	markets	market	NOUN
ajbmeb-3031	64	3	within	within	ADP
ajbmeb-3031	64	4	ifcs	ifc	NOUN
ajbmeb-3031	64	5	serve	serve	VERB
ajbmeb-3031	64	6	as	as	ADP
ajbmeb-3031	64	7	incubators	incubator	NOUN
ajbmeb-3031	64	8	for	for	ADP
ajbmeb-3031	64	9	modern	modern	ADJ
ajbmeb-3031	64	10	financial	financial	ADJ
ajbmeb-3031	64	11	instruments	instrument	NOUN
ajbmeb-3031	64	12	such	such	ADJ
ajbmeb-3031	64	13	as	as	ADP
ajbmeb-3031	64	14	etfs	etfs	NOUN
ajbmeb-3031	64	15	,	,	PUNCT
ajbmeb-3031	64	16	derivatives	derivative	NOUN
ajbmeb-3031	64	17	,	,	PUNCT
ajbmeb-3031	64	18	green	green	ADJ
ajbmeb-3031	64	19	bonds	bond	NOUN
ajbmeb-3031	64	20	,	,	PUNCT
ajbmeb-3031	64	21	and	and	CCONJ
ajbmeb-3031	64	22	reits	reit	NOUN
ajbmeb-3031	64	23	.	.	PUNCT
ajbmeb-3031	65	1	these	these	DET
ajbmeb-3031	65	2	products	product	NOUN
ajbmeb-3031	65	3	allow	allow	VERB
ajbmeb-3031	65	4	investors	investor	NOUN
ajbmeb-3031	65	5	to	to	PART
ajbmeb-3031	65	6	diversify	diversify	VERB
ajbmeb-3031	65	7	their	their	PRON
ajbmeb-3031	65	8	portfolios	portfolio	NOUN
ajbmeb-3031	65	9	and	and	CCONJ
ajbmeb-3031	65	10	manage	manage	VERB
ajbmeb-3031	65	11	risk	risk	NOUN
ajbmeb-3031	65	12	more	more	ADV
ajbmeb-3031	65	13	effectively	effectively	ADV
ajbmeb-3031	65	14	,	,	PUNCT
ajbmeb-3031	65	15	contributing	contribute	VERB
ajbmeb-3031	65	16	to	to	ADP
ajbmeb-3031	65	17	market	market	NOUN
ajbmeb-3031	65	18	stability	stability	NOUN
ajbmeb-3031	65	19	and	and	CCONJ
ajbmeb-3031	65	20	financial	financial	ADJ
ajbmeb-3031	65	21	system	system	NOUN
ajbmeb-3031	65	22	resilience	resilience	NOUN
ajbmeb-3031	65	23	.	.	PUNCT
ajbmeb-3031	66	1	the	the	DET
ajbmeb-3031	66	2	performance	performance	NOUN
ajbmeb-3031	66	3	and	and	CCONJ
ajbmeb-3031	66	4	attractiveness	attractiveness	NOUN
ajbmeb-3031	66	5	of	of	ADP
ajbmeb-3031	66	6	ifcs	ifc	NOUN
ajbmeb-3031	66	7	and	and	CCONJ
ajbmeb-3031	66	8	their	their	PRON
ajbmeb-3031	66	9	stock	stock	NOUN
ajbmeb-3031	66	10	markets	market	NOUN
ajbmeb-3031	66	11	are	be	AUX
ajbmeb-3031	66	12	closely	closely	ADV
ajbmeb-3031	66	13	linked	link	VERB
ajbmeb-3031	66	14	to	to	ADP
ajbmeb-3031	66	15	the	the	DET
ajbmeb-3031	66	16	quality	quality	NOUN
ajbmeb-3031	66	17	of	of	ADP
ajbmeb-3031	66	18	the	the	DET
ajbmeb-3031	66	19	regulatory	regulatory	ADJ
ajbmeb-3031	66	20	and	and	CCONJ
ajbmeb-3031	66	21	legal	legal	ADJ
ajbmeb-3031	66	22	environment	environment	NOUN
ajbmeb-3031	66	23	.	.	PUNCT
ajbmeb-3031	67	1	compliance	compliance	NOUN
ajbmeb-3031	67	2	with	with	ADP
ajbmeb-3031	67	3	international	international	ADJ
ajbmeb-3031	67	4	standards	standard	NOUN
ajbmeb-3031	67	5	,	,	PUNCT
ajbmeb-3031	67	6	legal	legal	ADJ
ajbmeb-3031	67	7	predictability	predictability	NOUN
ajbmeb-3031	67	8	,	,	PUNCT
ajbmeb-3031	67	9	and	and	CCONJ
ajbmeb-3031	67	10	regulatory	regulatory	ADJ
ajbmeb-3031	67	11	transparency	transparency	NOUN
ajbmeb-3031	67	12	are	be	AUX
ajbmeb-3031	67	13	key	key	ADJ
ajbmeb-3031	67	14	to	to	ADP
ajbmeb-3031	67	15	enhancing	enhance	VERB
ajbmeb-3031	67	16	investor	investor	NOUN
ajbmeb-3031	67	17	confidence	confidence	NOUN
ajbmeb-3031	67	18	.	.	PUNCT
ajbmeb-3031	68	1	stock	stock	NOUN
ajbmeb-3031	68	2	markets	market	NOUN
ajbmeb-3031	68	3	are	be	AUX
ajbmeb-3031	68	4	fundamental	fundamental	ADJ
ajbmeb-3031	68	5	institutional	institutional	ADJ
ajbmeb-3031	68	6	and	and	CCONJ
ajbmeb-3031	68	7	functional	functional	ADJ
ajbmeb-3031	68	8	components	component	NOUN
ajbmeb-3031	68	9	of	of	ADP
ajbmeb-3031	68	10	ifcs	ifc	NOUN
ajbmeb-3031	68	11	.	.	PUNCT
ajbmeb-3031	69	1	they	they	PRON
ajbmeb-3031	69	2	serve	serve	VERB
ajbmeb-3031	69	3	as	as	ADP
ajbmeb-3031	69	4	platforms	platform	NOUN
ajbmeb-3031	69	5	for	for	ADP
ajbmeb-3031	69	6	trading	trade	VERB
ajbmeb-3031	69	7	financial	financial	ADJ
ajbmeb-3031	69	8	instruments	instrument	NOUN
ajbmeb-3031	69	9	such	such	ADJ
ajbmeb-3031	69	10	as	as	ADP
ajbmeb-3031	69	11	equities	equity	NOUN
ajbmeb-3031	69	12	,	,	PUNCT
ajbmeb-3031	69	13	bonds	bond	NOUN
ajbmeb-3031	69	14	,	,	PUNCT
ajbmeb-3031	69	15	and	and	CCONJ
ajbmeb-3031	69	16	derivatives	derivative	NOUN
ajbmeb-3031	69	17	,	,	PUNCT
ajbmeb-3031	69	18	thereby	thereby	ADV
ajbmeb-3031	69	19	facilitating	facilitate	VERB
ajbmeb-3031	69	20	the	the	DET
ajbmeb-3031	69	21	efficient	efficient	ADJ
ajbmeb-3031	69	22	allocation	allocation	NOUN
ajbmeb-3031	69	23	of	of	ADP
ajbmeb-3031	69	24	international	international	ADJ
ajbmeb-3031	69	25	capital	capital	NOUN
ajbmeb-3031	69	26	.	.	PUNCT
ajbmeb-3031	70	1	cities	city	NOUN
ajbmeb-3031	70	2	such	such	ADJ
ajbmeb-3031	70	3	as	as	ADP
ajbmeb-3031	70	4	london	london	PROPN
ajbmeb-3031	70	5	,	,	PUNCT
ajbmeb-3031	70	6	new	new	PROPN
ajbmeb-3031	70	7	york	york	PROPN
ajbmeb-3031	70	8	,	,	PUNCT
ajbmeb-3031	70	9	tokyo	tokyo	PROPN
ajbmeb-3031	70	10	,	,	PUNCT
ajbmeb-3031	70	11	and	and	CCONJ
ajbmeb-3031	70	12	frankfurt	frankfurt	PROPN
ajbmeb-3031	70	13	have	have	AUX
ajbmeb-3031	70	14	become	become	VERB
ajbmeb-3031	70	15	dominant	dominant	ADJ
ajbmeb-3031	70	16	players	player	NOUN
ajbmeb-3031	70	17	in	in	ADP
ajbmeb-3031	70	18	global	global	ADJ
ajbmeb-3031	70	19	finance	finance	NOUN
ajbmeb-3031	70	20	largely	largely	ADV
ajbmeb-3031	70	21	due	due	ADP
ajbmeb-3031	70	22	to	to	ADP
ajbmeb-3031	70	23	the	the	DET
ajbmeb-3031	70	24	depth	depth	NOUN
ajbmeb-3031	70	25	and	and	CCONJ
ajbmeb-3031	70	26	liquidity	liquidity	NOUN
ajbmeb-3031	70	27	of	of	ADP
ajbmeb-3031	70	28	their	their	PRON
ajbmeb-3031	70	29	stock	stock	NOUN
ajbmeb-3031	70	30	exchanges	exchange	NOUN
ajbmeb-3031	70	31	(	(	PUNCT
ajbmeb-3031	70	32	table	table	NOUN
ajbmeb-3031	70	33	1	1	NUM
ajbmeb-3031	70	34	)	)	PUNCT
ajbmeb-3031	70	35	.	.	PUNCT
ajbmeb-3031	71	1	table	table	NOUN
ajbmeb-3031	71	2	1	1	NUM
ajbmeb-3031	71	3	top	top	ADJ
ajbmeb-3031	71	4	global	global	ADJ
ajbmeb-3031	71	5	financial	financial	ADJ
ajbmeb-3031	71	6	centres	centre	NOUN
ajbmeb-3031	71	7	for	for	ADP
ajbmeb-3031	71	8	stock	stock	NOUN
ajbmeb-3031	71	9	market	market	NOUN
ajbmeb-3031	71	10	development	development	NOUN
ajbmeb-3031	71	11	rank	rank	NOUN
ajbmeb-3031	71	12	in	in	ADP
ajbmeb-3031	71	13	gfci	gfci	NOUN
ajbmeb-3031	71	14	city	city	PROPN
ajbmeb-3031	71	15	stock	stock	PROPN
ajbmeb-3031	71	16	exchange(s	exchange(s	PROPN
ajbmeb-3031	71	17	)	)	PUNCT
ajbmeb-3031	71	18	key	key	ADJ
ajbmeb-3031	71	19	strengths	strength	NOUN
ajbmeb-3031	71	20	specialization	specialization	NOUN
ajbmeb-3031	71	21	1	1	NUM
ajbmeb-3031	71	22	new	new	PROPN
ajbmeb-3031	71	23	york	york	PROPN
ajbmeb-3031	71	24	nyse	nyse	PROPN
ajbmeb-3031	71	25	,	,	PUNCT
ajbmeb-3031	71	26	nasdaq	nasdaq	PROPN
ajbmeb-3031	71	27	largest	large	ADJ
ajbmeb-3031	71	28	by	by	ADP
ajbmeb-3031	71	29	market	market	NOUN
ajbmeb-3031	71	30	cap	cap	NOUN
ajbmeb-3031	71	31	and	and	CCONJ
ajbmeb-3031	71	32	trading	trading	NOUN
ajbmeb-3031	71	33	volume	volume	NOUN
ajbmeb-3031	71	34	,	,	PUNCT
ajbmeb-3031	71	35	high	high	ADJ
ajbmeb-3031	71	36	-	-	PUNCT
ajbmeb-3031	71	37	tech	tech	NOUN
ajbmeb-3031	71	38	innovation	innovation	NOUN
ajbmeb-3031	71	39	,	,	PUNCT
ajbmeb-3031	71	40	deep	deep	ADJ
ajbmeb-3031	71	41	liquidity	liquidity	NOUN
ajbmeb-3031	71	42	tech	tech	NOUN
ajbmeb-3031	71	43	,	,	PUNCT
ajbmeb-3031	71	44	spacs	spac	NOUN
ajbmeb-3031	71	45	,	,	PUNCT
ajbmeb-3031	71	46	global	global	ADJ
ajbmeb-3031	71	47	listings	listing	NOUN
ajbmeb-3031	71	48	2	2	NUM
ajbmeb-3031	71	49	london	london	PROPN
ajbmeb-3031	71	50	london	london	PROPN
ajbmeb-3031	71	51	stock	stock	PROPN
ajbmeb-3031	71	52	exchange	exchange	PROPN
ajbmeb-3031	71	53	(	(	PUNCT
ajbmeb-3031	71	54	lse	lse	PROPN
ajbmeb-3031	71	55	)	)	PUNCT
ajbmeb-3031	71	56	high	high	ADJ
ajbmeb-3031	71	57	foreign	foreign	ADJ
ajbmeb-3031	71	58	listings	listing	NOUN
ajbmeb-3031	71	59	,	,	PUNCT
ajbmeb-3031	71	60	development	development	NOUN
ajbmeb-3031	71	61	of	of	ADP
ajbmeb-3031	71	62	derivatives	derivative	NOUN
ajbmeb-3031	71	63	market	market	NOUN
ajbmeb-3031	71	64	finance	finance	NOUN
ajbmeb-3031	71	65	,	,	PUNCT
ajbmeb-3031	71	66	green	green	ADJ
ajbmeb-3031	71	67	bonds	bond	NOUN
ajbmeb-3031	71	68	3	3	NUM
ajbmeb-3031	71	69	hong	hong	PROPN
ajbmeb-3031	71	70	kong	kong	PROPN
ajbmeb-3031	71	71	hkex	hkex	ADJ
ajbmeb-3031	71	72	dual	dual	ADJ
ajbmeb-3031	71	73	listings	listing	NOUN
ajbmeb-3031	71	74	hub	hub	NOUN
ajbmeb-3031	71	75	for	for	ADP
ajbmeb-3031	71	76	chinese	chinese	ADJ
ajbmeb-3031	71	77	firms	firm	NOUN
ajbmeb-3031	71	78	,	,	PUNCT
ajbmeb-3031	71	79	strong	strong	ADJ
ajbmeb-3031	71	80	link	link	NOUN
ajbmeb-3031	71	81	to	to	ADP
ajbmeb-3031	71	82	mainland	mainland	NOUN
ajbmeb-3031	71	83	markets	market	NOUN
ajbmeb-3031	71	84	cross	cross	ADJ
ajbmeb-3031	71	85	-	-	ADJ
ajbmeb-3031	71	86	border	border	ADJ
ajbmeb-3031	71	87	ipos	ipos	NOUN
ajbmeb-3031	71	88	,	,	PUNCT
ajbmeb-3031	71	89	tech	tech	NOUN
ajbmeb-3031	71	90	4	4	NUM
ajbmeb-3031	71	91	singapore	singapore	PROPN
ajbmeb-3031	71	92	singapore	singapore	PROPN
ajbmeb-3031	71	93	exchange	exchange	PROPN
ajbmeb-3031	71	94	(	(	PUNCT
ajbmeb-3031	71	95	sgx	sgx	PROPN
ajbmeb-3031	71	96	)	)	PUNCT
ajbmeb-3031	71	97	reit	reit	PROPN
ajbmeb-3031	71	98	leadership	leadership	NOUN
ajbmeb-3031	71	99	,	,	PUNCT
ajbmeb-3031	71	100	fintech	fintech	NOUN
ajbmeb-3031	71	101	hub	hub	NOUN
ajbmeb-3031	71	102	,	,	PUNCT
ajbmeb-3031	71	103	strong	strong	ADJ
ajbmeb-3031	71	104	regional	regional	ADJ
ajbmeb-3031	71	105	influence	influence	NOUN
ajbmeb-3031	71	106	esg	esg	PROPN
ajbmeb-3031	71	107	finance	finance	NOUN
ajbmeb-3031	71	108	,	,	PUNCT
ajbmeb-3031	71	109	real	real	ADJ
ajbmeb-3031	71	110	estate	estate	NOUN
ajbmeb-3031	71	111	,	,	PUNCT
ajbmeb-3031	71	112	derivatives	derivative	NOUN
ajbmeb-3031	71	113	8	8	NUM
ajbmeb-3031	71	114	shanghai	shanghai	PROPN
ajbmeb-3031	71	115	sse	sse	PROPN
ajbmeb-3031	71	116	,	,	PUNCT
ajbmeb-3031	71	117	star	star	NOUN
ajbmeb-3031	71	118	market	market	NOUN
ajbmeb-3031	71	119	government	government	NOUN
ajbmeb-3031	71	120	-	-	PUNCT
ajbmeb-3031	71	121	backed	back	VERB
ajbmeb-3031	71	122	growth	growth	NOUN
ajbmeb-3031	71	123	,	,	PUNCT
ajbmeb-3031	71	124	fast	fast	ADJ
ajbmeb-3031	71	125	tech	tech	NOUN
ajbmeb-3031	71	126	ipos	ipos	NOUN
ajbmeb-3031	71	127	,	,	PUNCT
ajbmeb-3031	71	128	huge	huge	ADJ
ajbmeb-3031	71	129	domestic	domestic	ADJ
ajbmeb-3031	71	130	base	base	NOUN
ajbmeb-3031	71	131	technology	technology	NOUN
ajbmeb-3031	71	132	,	,	PUNCT
ajbmeb-3031	71	133	strategic	strategic	ADJ
ajbmeb-3031	71	134	sectors	sector	NOUN
ajbmeb-3031	71	135	21	21	NUM
ajbmeb-3031	71	136	zurich	zurich	PROPN
ajbmeb-3031	71	137	six	six	NUM
ajbmeb-3031	71	138	swiss	swiss	ADJ
ajbmeb-3031	71	139	exchange	exchange	NOUN
ajbmeb-3031	71	140	strong	strong	ADJ
ajbmeb-3031	71	141	banking	banking	NOUN
ajbmeb-3031	71	142	and	and	CCONJ
ajbmeb-3031	71	143	pharma	pharma	PROPN
ajbmeb-3031	71	144	sector	sector	NOUN
ajbmeb-3031	71	145	listings	listing	NOUN
ajbmeb-3031	71	146	,	,	PUNCT
ajbmeb-3031	71	147	innovation	innovation	NOUN
ajbmeb-3031	71	148	in	in	ADP
ajbmeb-3031	71	149	digital	digital	ADJ
ajbmeb-3031	71	150	securities	security	NOUN
ajbmeb-3031	71	151	financials	financial	NOUN
ajbmeb-3031	71	152	,	,	PUNCT
ajbmeb-3031	71	153	healthcare	healthcare	PROPN
ajbmeb-3031	71	154	,	,	PUNCT
ajbmeb-3031	71	155	tokenized	tokenized	ADJ
ajbmeb-3031	71	156	assets	asset	NOUN
ajbmeb-3031	71	157	22	22	NUM
ajbmeb-3031	71	158	tokyo	tokyo	PROPN
ajbmeb-3031	71	159	tokyo	tokyo	PROPN
ajbmeb-3031	71	160	stock	stock	NOUN
ajbmeb-3031	71	161	exchange	exchange	PROPN
ajbmeb-3031	71	162	(	(	PUNCT
ajbmeb-3031	71	163	tse	tse	PROPN
ajbmeb-3031	71	164	)	)	PUNCT
ajbmeb-3031	71	165	high	high	ADJ
ajbmeb-3031	71	166	governance	governance	NOUN
ajbmeb-3031	71	167	,	,	PUNCT
ajbmeb-3031	71	168	diverse	diverse	ADJ
ajbmeb-3031	71	169	investor	investor	NOUN
ajbmeb-3031	71	170	base	base	NOUN
ajbmeb-3031	71	171	,	,	PUNCT
ajbmeb-3031	71	172	advanced	advanced	ADJ
ajbmeb-3031	71	173	regulation	regulation	NOUN
ajbmeb-3031	71	174	conglomerates	conglomerate	NOUN
ajbmeb-3031	71	175	,	,	PUNCT
ajbmeb-3031	71	176	manufacturing	manufacture	VERB
ajbmeb-3031	71	177	23	23	NUM
ajbmeb-3031	71	178	toronto	toronto	PROPN
ajbmeb-3031	71	179	toronto	toronto	PROPN
ajbmeb-3031	71	180	stock	stock	PROPN
ajbmeb-3031	71	181	exchange	exchange	PROPN
ajbmeb-3031	71	182	(	(	PUNCT
ajbmeb-3031	71	183	tsx	tsx	PROPN
ajbmeb-3031	71	184	)	)	PUNCT
ajbmeb-3031	71	185	dominant	dominant	NOUN
ajbmeb-3031	71	186	in	in	ADP
ajbmeb-3031	71	187	mining	mining	NOUN
ajbmeb-3031	71	188	and	and	CCONJ
ajbmeb-3031	71	189	energy	energy	NOUN
ajbmeb-3031	71	190	sectors	sector	NOUN
ajbmeb-3031	71	191	,	,	PUNCT
ajbmeb-3031	71	192	strong	strong	ADJ
ajbmeb-3031	71	193	mid	mid	ADJ
ajbmeb-3031	71	194	-	-	ADJ
ajbmeb-3031	71	195	cap	cap	ADJ
ajbmeb-3031	71	196	activity	activity	NOUN
ajbmeb-3031	71	197	natural	natural	ADJ
ajbmeb-3031	71	198	resources	resource	NOUN
ajbmeb-3031	71	199	,	,	PUNCT
ajbmeb-3031	71	200	etfs	etfs	PROPN
ajbmeb-3031	71	201	,	,	PUNCT
ajbmeb-3031	71	202	blockchain	blockchain	PROPN
ajbmeb-3031	71	203	stocks	stocks	PROPN
ajbmeb-3031	71	204	new	new	PROPN
ajbmeb-3031	71	205	york	york	PROPN
ajbmeb-3031	71	206	,	,	PUNCT
ajbmeb-3031	71	207	london	london	PROPN
ajbmeb-3031	71	208	,	,	PUNCT
ajbmeb-3031	71	209	and	and	CCONJ
ajbmeb-3031	71	210	hong	hong	PROPN
ajbmeb-3031	71	211	kong	kong	PROPN
ajbmeb-3031	71	212	continue	continue	VERB
ajbmeb-3031	71	213	to	to	PART
ajbmeb-3031	71	214	occupy	occupy	VERB
ajbmeb-3031	71	215	the	the	DET
ajbmeb-3031	71	216	top	top	ADJ
ajbmeb-3031	71	217	tiers	tier	NOUN
ajbmeb-3031	71	218	of	of	ADP
ajbmeb-3031	71	219	the	the	DET
ajbmeb-3031	71	220	global	global	ADJ
ajbmeb-3031	71	221	stock	stock	NOUN
ajbmeb-3031	71	222	market	market	NOUN
ajbmeb-3031	71	223	hierarchy	hierarchy	NOUN
ajbmeb-3031	71	224	.	.	PUNCT
ajbmeb-3031	72	1	their	their	PRON
ajbmeb-3031	72	2	leadership	leadership	NOUN
ajbmeb-3031	72	3	is	be	AUX
ajbmeb-3031	72	4	defined	define	VERB
ajbmeb-3031	72	5	by	by	ADP
ajbmeb-3031	72	6	the	the	DET
ajbmeb-3031	72	7	scale	scale	NOUN
ajbmeb-3031	72	8	of	of	ADP
ajbmeb-3031	72	9	market	market	NOUN
ajbmeb-3031	72	10	capitalization	capitalization	NOUN
ajbmeb-3031	72	11	,	,	PUNCT
ajbmeb-3031	72	12	the	the	DET
ajbmeb-3031	72	13	depth	depth	NOUN
ajbmeb-3031	72	14	and	and	CCONJ
ajbmeb-3031	72	15	breadth	breadth	NOUN
ajbmeb-3031	72	16	of	of	ADP
ajbmeb-3031	72	17	financial	financial	ADJ
ajbmeb-3031	72	18	innovation	innovation	NOUN
ajbmeb-3031	72	19	,	,	PUNCT
ajbmeb-3031	72	20	and	and	CCONJ
ajbmeb-3031	72	21	the	the	DET
ajbmeb-3031	72	22	large	large	ADJ
ajbmeb-3031	72	23	,	,	PUNCT
ajbmeb-3031	72	24	diversified	diversified	ADJ
ajbmeb-3031	72	25	base	base	NOUN
ajbmeb-3031	72	26	of	of	ADP
ajbmeb-3031	72	27	institutional	institutional	ADJ
ajbmeb-3031	72	28	and	and	CCONJ
ajbmeb-3031	72	29	retail	retail	ADJ
ajbmeb-3031	72	30	investors	investor	NOUN
ajbmeb-3031	72	31	.	.	PUNCT
ajbmeb-3031	73	1	these	these	DET
ajbmeb-3031	73	2	financial	financial	ADJ
ajbmeb-3031	73	3	centres	centre	NOUN
ajbmeb-3031	73	4	set	set	VERB
ajbmeb-3031	73	5	global	global	ADJ
ajbmeb-3031	73	6	benchmarks	benchmark	NOUN
ajbmeb-3031	73	7	for	for	ADP
ajbmeb-3031	73	8	liquidity	liquidity	NOUN
ajbmeb-3031	73	9	,	,	PUNCT
ajbmeb-3031	73	10	regulatory	regulatory	ADJ
ajbmeb-3031	73	11	sophistication	sophistication	NOUN
ajbmeb-3031	73	12	,	,	PUNCT
ajbmeb-3031	73	13	and	and	CCONJ
ajbmeb-3031	73	14	listing	list	VERB
ajbmeb-3031	73	15	attractiveness	attractiveness	NOUN
ajbmeb-3031	73	16	.	.	PUNCT
ajbmeb-3031	74	1	american	american	PROPN
ajbmeb-3031	74	2	journal	journal	PROPN
ajbmeb-3031	74	3	of	of	ADP
ajbmeb-3031	74	4	business	business	NOUN
ajbmeb-3031	74	5	management	management	NOUN
ajbmeb-3031	74	6	,	,	PUNCT
ajbmeb-3031	74	7	economics	economic	NOUN
ajbmeb-3031	74	8	and	and	CCONJ
ajbmeb-3031	74	9	banking	banking	NOUN
ajbmeb-3031	74	10	volume	volume	NOUN
ajbmeb-3031	74	11	37	37	NUM
ajbmeb-3031	74	12	june2025	june2025	PROPN
ajbmeb-3031	74	13	p	p	NOUN
ajbmeb-3031	74	14	a	a	PRON
ajbmeb-3031	74	15	g	g	NOUN
ajbmeb-3031	74	16	e	e	NOUN
ajbmeb-3031	74	17	|	|	ADV
ajbmeb-3031	74	18	172	172	NUM
ajbmeb-3031	74	19	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3031	74	20	meanwhile	meanwhile	ADV
ajbmeb-3031	74	21	,	,	PUNCT
ajbmeb-3031	74	22	singapore	singapore	PROPN
ajbmeb-3031	74	23	and	and	CCONJ
ajbmeb-3031	74	24	shanghai	shanghai	PROPN
ajbmeb-3031	74	25	are	be	AUX
ajbmeb-3031	74	26	emerging	emerge	VERB
ajbmeb-3031	74	27	as	as	ADP
ajbmeb-3031	74	28	dynamic	dynamic	ADJ
ajbmeb-3031	74	29	financial	financial	ADJ
ajbmeb-3031	74	30	hubs	hub	NOUN
ajbmeb-3031	74	31	within	within	ADP
ajbmeb-3031	74	32	the	the	DET
ajbmeb-3031	74	33	asian	asian	ADJ
ajbmeb-3031	74	34	region	region	NOUN
ajbmeb-3031	74	35	,	,	PUNCT
ajbmeb-3031	74	36	gaining	gain	VERB
ajbmeb-3031	74	37	prominence	prominence	NOUN
ajbmeb-3031	74	38	particularly	particularly	ADV
ajbmeb-3031	74	39	in	in	ADP
ajbmeb-3031	74	40	areas	area	NOUN
ajbmeb-3031	74	41	such	such	ADJ
ajbmeb-3031	74	42	as	as	ADP
ajbmeb-3031	74	43	financial	financial	ADJ
ajbmeb-3031	74	44	technology	technology	NOUN
ajbmeb-3031	74	45	(	(	PUNCT
ajbmeb-3031	74	46	fintech	fintech	NOUN
ajbmeb-3031	74	47	)	)	PUNCT
ajbmeb-3031	74	48	and	and	CCONJ
ajbmeb-3031	74	49	technologyfocused	technologyfocuse	VERB
ajbmeb-3031	74	50	initial	initial	ADJ
ajbmeb-3031	74	51	public	public	ADJ
ajbmeb-3031	74	52	offerings	offering	NOUN
ajbmeb-3031	74	53	(	(	PUNCT
ajbmeb-3031	74	54	ipos	ipos	NOUN
ajbmeb-3031	74	55	)	)	PUNCT
ajbmeb-3031	74	56	.	.	PUNCT
ajbmeb-3031	75	1	both	both	DET
ajbmeb-3031	75	2	cities	city	NOUN
ajbmeb-3031	75	3	are	be	AUX
ajbmeb-3031	75	4	strategically	strategically	ADV
ajbmeb-3031	75	5	positioning	position	VERB
ajbmeb-3031	75	6	themselves	themselves	PRON
ajbmeb-3031	75	7	to	to	PART
ajbmeb-3031	75	8	attract	attract	VERB
ajbmeb-3031	75	9	innovative	innovative	ADJ
ajbmeb-3031	75	10	enterprises	enterprise	NOUN
ajbmeb-3031	75	11	and	and	CCONJ
ajbmeb-3031	75	12	regional	regional	ADJ
ajbmeb-3031	75	13	capital	capital	NOUN
ajbmeb-3031	75	14	flows	flow	NOUN
ajbmeb-3031	75	15	,	,	PUNCT
ajbmeb-3031	75	16	supported	support	VERB
ajbmeb-3031	75	17	by	by	ADP
ajbmeb-3031	75	18	modern	modern	ADJ
ajbmeb-3031	75	19	infrastructure	infrastructure	NOUN
ajbmeb-3031	75	20	and	and	CCONJ
ajbmeb-3031	75	21	proactive	proactive	ADJ
ajbmeb-3031	75	22	regulatory	regulatory	ADJ
ajbmeb-3031	75	23	frameworks	framework	NOUN
ajbmeb-3031	75	24	.	.	PUNCT
ajbmeb-3031	76	1	despite	despite	SCONJ
ajbmeb-3031	76	2	relatively	relatively	ADV
ajbmeb-3031	76	3	lower	low	ADJ
ajbmeb-3031	76	4	rankings	ranking	NOUN
ajbmeb-3031	76	5	in	in	ADP
ajbmeb-3031	76	6	the	the	DET
ajbmeb-3031	76	7	global	global	ADJ
ajbmeb-3031	76	8	financial	financial	ADJ
ajbmeb-3031	76	9	centres	centre	NOUN
ajbmeb-3031	76	10	index	index	NOUN
ajbmeb-3031	76	11	(	(	PUNCT
ajbmeb-3031	76	12	gfci	gfci	NOUN
ajbmeb-3031	76	13	)	)	PUNCT
ajbmeb-3031	76	14	,	,	PUNCT
ajbmeb-3031	76	15	zurich	zurich	PROPN
ajbmeb-3031	76	16	,	,	PUNCT
ajbmeb-3031	76	17	tokyo	tokyo	PROPN
ajbmeb-3031	76	18	,	,	PUNCT
ajbmeb-3031	76	19	and	and	CCONJ
ajbmeb-3031	76	20	toronto	toronto	PROPN
ajbmeb-3031	76	21	remain	remain	VERB
ajbmeb-3031	76	22	highly	highly	ADV
ajbmeb-3031	76	23	influential	influential	ADJ
ajbmeb-3031	76	24	within	within	ADP
ajbmeb-3031	76	25	their	their	PRON
ajbmeb-3031	76	26	areas	area	NOUN
ajbmeb-3031	76	27	of	of	ADP
ajbmeb-3031	76	28	specialization	specialization	NOUN
ajbmeb-3031	76	29	.	.	PUNCT
ajbmeb-3031	77	1	zurich	zurich	PROPN
ajbmeb-3031	77	2	maintains	maintain	VERB
ajbmeb-3031	77	3	its	its	PRON
ajbmeb-3031	77	4	status	status	NOUN
ajbmeb-3031	77	5	as	as	ADP
ajbmeb-3031	77	6	a	a	DET
ajbmeb-3031	77	7	stronghold	stronghold	NOUN
ajbmeb-3031	77	8	of	of	ADP
ajbmeb-3031	77	9	financial	financial	ADJ
ajbmeb-3031	77	10	and	and	CCONJ
ajbmeb-3031	77	11	pharmaceutical	pharmaceutical	NOUN
ajbmeb-3031	77	12	sector	sector	NOUN
ajbmeb-3031	77	13	listings	listing	NOUN
ajbmeb-3031	77	14	,	,	PUNCT
ajbmeb-3031	77	15	backed	back	VERB
ajbmeb-3031	77	16	by	by	ADP
ajbmeb-3031	77	17	regulatory	regulatory	ADJ
ajbmeb-3031	77	18	stability	stability	NOUN
ajbmeb-3031	77	19	and	and	CCONJ
ajbmeb-3031	77	20	innovation	innovation	NOUN
ajbmeb-3031	77	21	in	in	ADP
ajbmeb-3031	77	22	digital	digital	ADJ
ajbmeb-3031	77	23	assets	asset	NOUN
ajbmeb-3031	77	24	.	.	PUNCT
ajbmeb-3031	78	1	tokyo	tokyo	PROPN
ajbmeb-3031	78	2	benefits	benefit	NOUN
ajbmeb-3031	78	3	from	from	ADP
ajbmeb-3031	78	4	high	high	ADJ
ajbmeb-3031	78	5	corporate	corporate	ADJ
ajbmeb-3031	78	6	governance	governance	NOUN
ajbmeb-3031	78	7	standards	standard	NOUN
ajbmeb-3031	78	8	and	and	CCONJ
ajbmeb-3031	78	9	a	a	DET
ajbmeb-3031	78	10	diverse	diverse	ADJ
ajbmeb-3031	78	11	industrial	industrial	ADJ
ajbmeb-3031	78	12	base	base	NOUN
ajbmeb-3031	78	13	,	,	PUNCT
ajbmeb-3031	78	14	while	while	SCONJ
ajbmeb-3031	78	15	toronto	toronto	PROPN
ajbmeb-3031	78	16	continues	continue	VERB
ajbmeb-3031	78	17	to	to	PART
ajbmeb-3031	78	18	lead	lead	VERB
ajbmeb-3031	78	19	in	in	ADP
ajbmeb-3031	78	20	the	the	DET
ajbmeb-3031	78	21	listing	listing	NOUN
ajbmeb-3031	78	22	of	of	ADP
ajbmeb-3031	78	23	natural	natural	ADJ
ajbmeb-3031	78	24	resource	resource	NOUN
ajbmeb-3031	78	25	and	and	CCONJ
ajbmeb-3031	78	26	mid	mid	ADJ
ajbmeb-3031	78	27	-	-	ADJ
ajbmeb-3031	78	28	cap	cap	ADJ
ajbmeb-3031	78	29	companies	company	NOUN
ajbmeb-3031	78	30	,	,	PUNCT
ajbmeb-3031	78	31	with	with	ADP
ajbmeb-3031	78	32	growing	grow	VERB
ajbmeb-3031	78	33	influence	influence	NOUN
ajbmeb-3031	78	34	in	in	ADP
ajbmeb-3031	78	35	exchange	exchange	NOUN
ajbmeb-3031	78	36	-	-	PUNCT
ajbmeb-3031	78	37	traded	trade	VERB
ajbmeb-3031	78	38	funds	fund	NOUN
ajbmeb-3031	78	39	(	(	PUNCT
ajbmeb-3031	78	40	etfs	etfs	PROPN
ajbmeb-3031	78	41	)	)	PUNCT
ajbmeb-3031	78	42	and	and	CCONJ
ajbmeb-3031	78	43	blockchain	blockchain	NOUN
ajbmeb-3031	78	44	-	-	PUNCT
ajbmeb-3031	78	45	related	relate	VERB
ajbmeb-3031	78	46	instruments	instrument	NOUN
ajbmeb-3031	78	47	.	.	PUNCT
ajbmeb-3031	79	1	together	together	ADV
ajbmeb-3031	79	2	,	,	PUNCT
ajbmeb-3031	79	3	these	these	DET
ajbmeb-3031	79	4	centres	centre	NOUN
ajbmeb-3031	79	5	underscore	underscore	VERB
ajbmeb-3031	79	6	the	the	DET
ajbmeb-3031	79	7	diverse	diverse	ADJ
ajbmeb-3031	79	8	trajectories	trajectory	NOUN
ajbmeb-3031	79	9	and	and	CCONJ
ajbmeb-3031	79	10	competitive	competitive	ADJ
ajbmeb-3031	79	11	advantages	advantage	NOUN
ajbmeb-3031	79	12	shaping	shape	VERB
ajbmeb-3031	79	13	the	the	DET
ajbmeb-3031	79	14	evolution	evolution	NOUN
ajbmeb-3031	79	15	of	of	ADP
ajbmeb-3031	79	16	the	the	DET
ajbmeb-3031	79	17	global	global	ADJ
ajbmeb-3031	79	18	capital	capital	PROPN
ajbmeb-3031	79	19	markets	market	NOUN
ajbmeb-3031	79	20	ecosystem	ecosystem	NOUN
ajbmeb-3031	79	21	.	.	PUNCT
ajbmeb-3031	80	1	in	in	ADP
ajbmeb-3031	80	2	the	the	DET
ajbmeb-3031	80	3	case	case	NOUN
ajbmeb-3031	80	4	of	of	ADP
ajbmeb-3031	80	5	the	the	DET
ajbmeb-3031	80	6	uzbekistan	uzbekistan	PROPN
ajbmeb-3031	80	7	,	,	PUNCT
ajbmeb-3031	80	8	the	the	DET
ajbmeb-3031	80	9	creation	creation	NOUN
ajbmeb-3031	80	10	of	of	ADP
ajbmeb-3031	80	11	a	a	DET
ajbmeb-3031	80	12	nationally	nationally	ADV
ajbmeb-3031	80	13	significant	significant	ADJ
ajbmeb-3031	80	14	ifc	ifc	NOUN
ajbmeb-3031	80	15	is	be	AUX
ajbmeb-3031	80	16	not	not	PART
ajbmeb-3031	80	17	only	only	ADV
ajbmeb-3031	80	18	an	an	DET
ajbmeb-3031	80	19	economic	economic	ADJ
ajbmeb-3031	80	20	imperative	imperative	NOUN
ajbmeb-3031	80	21	but	but	CCONJ
ajbmeb-3031	80	22	also	also	ADV
ajbmeb-3031	80	23	a	a	DET
ajbmeb-3031	80	24	strategic	strategic	ADJ
ajbmeb-3031	80	25	objective	objective	NOUN
ajbmeb-3031	80	26	aimed	aim	VERB
ajbmeb-3031	80	27	at	at	ADP
ajbmeb-3031	80	28	enhancing	enhance	VERB
ajbmeb-3031	80	29	the	the	DET
ajbmeb-3031	80	30	resilience	resilience	NOUN
ajbmeb-3031	80	31	,	,	PUNCT
ajbmeb-3031	80	32	autonomy	autonomy	NOUN
ajbmeb-3031	80	33	,	,	PUNCT
ajbmeb-3031	80	34	and	and	CCONJ
ajbmeb-3031	80	35	global	global	ADJ
ajbmeb-3031	80	36	standing	standing	NOUN
ajbmeb-3031	80	37	of	of	ADP
ajbmeb-3031	80	38	the	the	DET
ajbmeb-3031	80	39	domestic	domestic	ADJ
ajbmeb-3031	80	40	financial	financial	ADJ
ajbmeb-3031	80	41	system	system	NOUN
ajbmeb-3031	80	42	.	.	PUNCT
ajbmeb-3031	81	1	the	the	DET
ajbmeb-3031	81	2	prestigious	prestigious	ADJ
ajbmeb-3031	81	3	uk	uk	PROPN
ajbmeb-3031	81	4	-	-	PUNCT
ajbmeb-3031	81	5	based	base	VERB
ajbmeb-3031	81	6	international	international	ADJ
ajbmeb-3031	81	7	analytical	analytical	ADJ
ajbmeb-3031	81	8	center	center	NOUN
ajbmeb-3031	81	9	z	z	PROPN
ajbmeb-3031	81	10	/	/	SYM
ajbmeb-3031	81	11	yen	yen	NOUN
ajbmeb-3031	81	12	group	group	NOUN
ajbmeb-3031	81	13	has	have	AUX
ajbmeb-3031	81	14	released	release	VERB
ajbmeb-3031	81	15	the	the	DET
ajbmeb-3031	81	16	latest	late	ADJ
ajbmeb-3031	81	17	results	result	NOUN
ajbmeb-3031	81	18	of	of	ADP
ajbmeb-3031	81	19	the	the	DET
ajbmeb-3031	81	20	global	global	ADJ
ajbmeb-3031	81	21	financial	financial	ADJ
ajbmeb-3031	81	22	centres	centre	NOUN
ajbmeb-3031	81	23	index	index	NOUN
ajbmeb-3031	81	24	(	(	PUNCT
ajbmeb-3031	81	25	gfci	gfci	NOUN
ajbmeb-3031	81	26	)	)	PUNCT
ajbmeb-3031	81	27	.	.	PUNCT
ajbmeb-3031	82	1	this	this	DET
ajbmeb-3031	82	2	index	index	NOUN
ajbmeb-3031	82	3	is	be	AUX
ajbmeb-3031	82	4	aimed	aim	VERB
ajbmeb-3031	82	5	at	at	ADP
ajbmeb-3031	82	6	evaluating	evaluate	VERB
ajbmeb-3031	82	7	the	the	DET
ajbmeb-3031	82	8	competitiveness	competitiveness	NOUN
ajbmeb-3031	82	9	of	of	ADP
ajbmeb-3031	82	10	major	major	ADJ
ajbmeb-3031	82	11	international	international	ADJ
ajbmeb-3031	82	12	financial	financial	ADJ
ajbmeb-3031	82	13	centers	center	NOUN
ajbmeb-3031	82	14	and	and	CCONJ
ajbmeb-3031	82	15	comprehensively	comprehensively	ADV
ajbmeb-3031	82	16	reflects	reflect	VERB
ajbmeb-3031	82	17	the	the	DET
ajbmeb-3031	82	18	state	state	NOUN
ajbmeb-3031	82	19	of	of	ADP
ajbmeb-3031	82	20	development	development	NOUN
ajbmeb-3031	82	21	of	of	ADP
ajbmeb-3031	82	22	the	the	DET
ajbmeb-3031	82	23	global	global	ADJ
ajbmeb-3031	82	24	financial	financial	ADJ
ajbmeb-3031	82	25	infrastructure	infrastructure	NOUN
ajbmeb-3031	82	26	.	.	PUNCT
ajbmeb-3031	83	1	a	a	DET
ajbmeb-3031	83	2	total	total	NOUN
ajbmeb-3031	83	3	of	of	ADP
ajbmeb-3031	83	4	119	119	NUM
ajbmeb-3031	83	5	cities	city	NOUN
ajbmeb-3031	83	6	have	have	AUX
ajbmeb-3031	83	7	been	be	AUX
ajbmeb-3031	83	8	included	include	VERB
ajbmeb-3031	83	9	in	in	ADP
ajbmeb-3031	83	10	this	this	DET
ajbmeb-3031	83	11	year	year	NOUN
ajbmeb-3031	83	12	’s	’s	PART
ajbmeb-3031	83	13	gfci	gfci	NOUN
ajbmeb-3031	83	14	ranking	ranking	NOUN
ajbmeb-3031	83	15	.	.	PUNCT
ajbmeb-3031	84	1	in	in	ADP
ajbmeb-3031	84	2	addition	addition	NOUN
ajbmeb-3031	84	3	,	,	PUNCT
ajbmeb-3031	84	4	14	14	NUM
ajbmeb-3031	84	5	more	more	ADJ
ajbmeb-3031	84	6	cities	city	NOUN
ajbmeb-3031	84	7	have	have	AUX
ajbmeb-3031	84	8	been	be	AUX
ajbmeb-3031	84	9	granted	grant	VERB
ajbmeb-3031	84	10	the	the	DET
ajbmeb-3031	84	11	status	status	NOUN
ajbmeb-3031	84	12	of	of	ADP
ajbmeb-3031	84	13	associate	associate	ADJ
ajbmeb-3031	84	14	international	international	ADJ
ajbmeb-3031	84	15	financial	financial	ADJ
ajbmeb-3031	84	16	centre	centre	NOUN
ajbmeb-3031	84	17	.	.	PUNCT
ajbmeb-3031	85	1	this	this	DET
ajbmeb-3031	85	2	inclusion	inclusion	NOUN
ajbmeb-3031	85	3	signifies	signify	VERB
ajbmeb-3031	85	4	growing	grow	VERB
ajbmeb-3031	85	5	international	international	ADJ
ajbmeb-3031	85	6	recognition	recognition	NOUN
ajbmeb-3031	85	7	of	of	ADP
ajbmeb-3031	85	8	the	the	DET
ajbmeb-3031	85	9	republic	republic	NOUN
ajbmeb-3031	85	10	of	of	ADP
ajbmeb-3031	85	11	uzbekistan	uzbekistan	PROPN
ajbmeb-3031	85	12	within	within	ADP
ajbmeb-3031	85	13	the	the	DET
ajbmeb-3031	85	14	global	global	ADJ
ajbmeb-3031	85	15	financial	financial	ADJ
ajbmeb-3031	85	16	landscape	landscape	NOUN
ajbmeb-3031	85	17	[	[	X
ajbmeb-3031	85	18	8	8	NUM
ajbmeb-3031	85	19	]	]	PUNCT
ajbmeb-3031	85	20	.	.	PUNCT
ajbmeb-3031	86	1	tashkent	tashkent	PROPN
ajbmeb-3031	86	2	was	be	AUX
ajbmeb-3031	86	3	officially	officially	ADV
ajbmeb-3031	86	4	included	include	VERB
ajbmeb-3031	86	5	as	as	ADP
ajbmeb-3031	86	6	an	an	DET
ajbmeb-3031	86	7	associate	associate	ADJ
ajbmeb-3031	86	8	international	international	ADJ
ajbmeb-3031	86	9	financial	financial	ADJ
ajbmeb-3031	86	10	centre	centre	NOUN
ajbmeb-3031	86	11	following	follow	VERB
ajbmeb-3031	86	12	the	the	DET
ajbmeb-3031	86	13	release	release	NOUN
ajbmeb-3031	86	14	of	of	ADP
ajbmeb-3031	86	15	the	the	DET
ajbmeb-3031	86	16	32nd	32nd	ADJ
ajbmeb-3031	86	17	edition	edition	NOUN
ajbmeb-3031	86	18	of	of	ADP
ajbmeb-3031	86	19	the	the	DET
ajbmeb-3031	86	20	global	global	ADJ
ajbmeb-3031	86	21	financial	financial	ADJ
ajbmeb-3031	86	22	centres	centre	NOUN
ajbmeb-3031	86	23	index	index	NOUN
ajbmeb-3031	86	24	(	(	PUNCT
ajbmeb-3031	86	25	gfci	gfci	NOUN
ajbmeb-3031	86	26	32	32	NUM
ajbmeb-3031	86	27	)	)	PUNCT
ajbmeb-3031	86	28	,	,	PUNCT
ajbmeb-3031	86	29	compiled	compile	VERB
ajbmeb-3031	86	30	by	by	ADP
ajbmeb-3031	86	31	the	the	DET
ajbmeb-3031	86	32	z	z	PROPN
ajbmeb-3031	86	33	/	/	SYM
ajbmeb-3031	86	34	yen	yen	NOUN
ajbmeb-3031	86	35	group	group	NOUN
ajbmeb-3031	86	36	.	.	PUNCT
ajbmeb-3031	87	1	in	in	ADP
ajbmeb-3031	87	2	this	this	DET
ajbmeb-3031	87	3	edition	edition	NOUN
ajbmeb-3031	87	4	,	,	PUNCT
ajbmeb-3031	87	5	tashkent	tashkent	PROPN
ajbmeb-3031	87	6	was	be	AUX
ajbmeb-3031	87	7	evaluated	evaluate	VERB
ajbmeb-3031	87	8	15	15	NUM
ajbmeb-3031	87	9	times	time	NOUN
ajbmeb-3031	87	10	,	,	PUNCT
ajbmeb-3031	87	11	receiving	receive	VERB
ajbmeb-3031	87	12	an	an	DET
ajbmeb-3031	87	13	overall	overall	ADJ
ajbmeb-3031	87	14	rating	rating	NOUN
ajbmeb-3031	87	15	score	score	NOUN
ajbmeb-3031	87	16	of	of	ADP
ajbmeb-3031	87	17	562	562	NUM
ajbmeb-3031	87	18	,	,	PUNCT
ajbmeb-3031	87	19	which	which	PRON
ajbmeb-3031	87	20	positioned	position	VERB
ajbmeb-3031	87	21	it	it	PRON
ajbmeb-3031	87	22	ahead	ahead	ADV
ajbmeb-3031	87	23	of	of	ADP
ajbmeb-3031	87	24	four	four	NUM
ajbmeb-3031	87	25	fully	fully	ADV
ajbmeb-3031	87	26	recognized	recognize	VERB
ajbmeb-3031	87	27	international	international	ADJ
ajbmeb-3031	87	28	financial	financial	ADJ
ajbmeb-3031	87	29	centres	centre	NOUN
ajbmeb-3031	87	30	within	within	ADP
ajbmeb-3031	87	31	the	the	DET
ajbmeb-3031	87	32	index	index	NOUN
ajbmeb-3031	87	33	.	.	PUNCT
ajbmeb-3031	88	1	however	however	ADV
ajbmeb-3031	88	2	,	,	PUNCT
ajbmeb-3031	88	3	according	accord	VERB
ajbmeb-3031	88	4	to	to	ADP
ajbmeb-3031	88	5	the	the	DET
ajbmeb-3031	88	6	methodological	methodological	ADJ
ajbmeb-3031	88	7	criteria	criterion	NOUN
ajbmeb-3031	88	8	established	establish	VERB
ajbmeb-3031	88	9	by	by	ADP
ajbmeb-3031	88	10	the	the	DET
ajbmeb-3031	88	11	gfci	gfci	NOUN
ajbmeb-3031	88	12	,	,	PUNCT
ajbmeb-3031	88	13	a	a	DET
ajbmeb-3031	88	14	financial	financial	ADJ
ajbmeb-3031	88	15	centre	centre	NOUN
ajbmeb-3031	88	16	must	must	AUX
ajbmeb-3031	88	17	be	be	AUX
ajbmeb-3031	88	18	evaluated	evaluate	VERB
ajbmeb-3031	88	19	at	at	ADP
ajbmeb-3031	88	20	least	least	ADV
ajbmeb-3031	88	21	150	150	NUM
ajbmeb-3031	88	22	times	time	NOUN
ajbmeb-3031	88	23	through	through	ADP
ajbmeb-3031	88	24	peer	peer	NOUN
ajbmeb-3031	88	25	assessments	assessment	NOUN
ajbmeb-3031	88	26	by	by	ADP
ajbmeb-3031	88	27	global	global	ADJ
ajbmeb-3031	88	28	financial	financial	ADJ
ajbmeb-3031	88	29	professionals	professional	NOUN
ajbmeb-3031	88	30	in	in	ADP
ajbmeb-3031	88	31	order	order	NOUN
ajbmeb-3031	88	32	to	to	PART
ajbmeb-3031	88	33	attain	attain	VERB
ajbmeb-3031	88	34	full	full	ADJ
ajbmeb-3031	88	35	status	status	NOUN
ajbmeb-3031	88	36	as	as	ADP
ajbmeb-3031	88	37	an	an	DET
ajbmeb-3031	88	38	international	international	ADJ
ajbmeb-3031	88	39	financial	financial	ADJ
ajbmeb-3031	88	40	centre	centre	NOUN
ajbmeb-3031	88	41	(	(	PUNCT
ajbmeb-3031	88	42	ifc	ifc	NOUN
ajbmeb-3031	88	43	)	)	PUNCT
ajbmeb-3031	88	44	.	.	PUNCT
ajbmeb-3031	89	1	therefore	therefore	ADV
ajbmeb-3031	89	2	,	,	PUNCT
ajbmeb-3031	89	3	while	while	SCONJ
ajbmeb-3031	89	4	tashkent	tashkent	PROPN
ajbmeb-3031	89	5	’s	’s	PART
ajbmeb-3031	89	6	initial	initial	ADJ
ajbmeb-3031	89	7	performance	performance	NOUN
ajbmeb-3031	89	8	is	be	AUX
ajbmeb-3031	89	9	noteworthy	noteworthy	ADJ
ajbmeb-3031	89	10	and	and	CCONJ
ajbmeb-3031	89	11	indicative	indicative	ADJ
ajbmeb-3031	89	12	of	of	ADP
ajbmeb-3031	89	13	emerging	emerge	VERB
ajbmeb-3031	89	14	potential	potential	NOUN
ajbmeb-3031	89	15	,	,	PUNCT
ajbmeb-3031	89	16	it	it	PRON
ajbmeb-3031	89	17	currently	currently	ADV
ajbmeb-3031	89	18	remains	remain	VERB
ajbmeb-3031	89	19	in	in	ADP
ajbmeb-3031	89	20	the	the	DET
ajbmeb-3031	89	21	associate	associate	ADJ
ajbmeb-3031	89	22	ifc	ifc	NOUN
ajbmeb-3031	89	23	category	category	NOUN
ajbmeb-3031	89	24	due	due	ADP
ajbmeb-3031	89	25	to	to	ADP
ajbmeb-3031	89	26	the	the	DET
ajbmeb-3031	89	27	limited	limited	ADJ
ajbmeb-3031	89	28	number	number	NOUN
ajbmeb-3031	89	29	of	of	ADP
ajbmeb-3031	89	30	observations	observation	NOUN
ajbmeb-3031	89	31	recorded	record	VERB
ajbmeb-3031	89	32	.	.	PUNCT
ajbmeb-3031	90	1	in	in	ADP
ajbmeb-3031	90	2	the	the	DET
ajbmeb-3031	90	3	latest	late	ADJ
ajbmeb-3031	90	4	edition	edition	NOUN
ajbmeb-3031	90	5	of	of	ADP
ajbmeb-3031	90	6	the	the	DET
ajbmeb-3031	90	7	global	global	ADJ
ajbmeb-3031	90	8	financial	financial	ADJ
ajbmeb-3031	90	9	centres	centre	NOUN
ajbmeb-3031	90	10	index	index	NOUN
ajbmeb-3031	90	11	(	(	PUNCT
ajbmeb-3031	90	12	gfci	gfci	NOUN
ajbmeb-3031	90	13	37	37	NUM
ajbmeb-3031	90	14	)	)	PUNCT
ajbmeb-3031	90	15	,	,	PUNCT
ajbmeb-3031	90	16	tashkent	tashkent	PROPN
ajbmeb-3031	90	17	(	(	PUNCT
ajbmeb-3031	90	18	uzbekistan	uzbekistan	PROPN
ajbmeb-3031	90	19	)	)	PUNCT
ajbmeb-3031	90	20	was	be	AUX
ajbmeb-3031	90	21	observed	observe	VERB
ajbmeb-3031	90	22	18	18	NUM
ajbmeb-3031	90	23	times	time	NOUN
ajbmeb-3031	90	24	,	,	PUNCT
ajbmeb-3031	90	25	receiving	receive	VERB
ajbmeb-3031	90	26	a	a	DET
ajbmeb-3031	90	27	rating	rating	NOUN
ajbmeb-3031	90	28	score	score	NOUN
ajbmeb-3031	90	29	of	of	ADP
ajbmeb-3031	90	30	511	511	NUM
ajbmeb-3031	90	31	.	.	PUNCT
ajbmeb-3031	91	1	although	although	SCONJ
ajbmeb-3031	91	2	this	this	PRON
ajbmeb-3031	91	3	represents	represent	VERB
ajbmeb-3031	91	4	a	a	DET
ajbmeb-3031	91	5	decrease	decrease	NOUN
ajbmeb-3031	91	6	in	in	ADP
ajbmeb-3031	91	7	the	the	DET
ajbmeb-3031	91	8	overall	overall	ADJ
ajbmeb-3031	91	9	rating	rating	NOUN
ajbmeb-3031	91	10	compared	compare	VERB
ajbmeb-3031	91	11	to	to	ADP
ajbmeb-3031	91	12	the	the	DET
ajbmeb-3031	91	13	previous	previous	ADJ
ajbmeb-3031	91	14	edition	edition	NOUN
ajbmeb-3031	91	15	(	(	PUNCT
ajbmeb-3031	91	16	gfci	gfci	NOUN
ajbmeb-3031	91	17	32	32	NUM
ajbmeb-3031	91	18	,	,	PUNCT
ajbmeb-3031	91	19	where	where	SCONJ
ajbmeb-3031	91	20	the	the	DET
ajbmeb-3031	91	21	score	score	NOUN
ajbmeb-3031	91	22	was	be	AUX
ajbmeb-3031	91	23	562	562	NUM
ajbmeb-3031	91	24	)	)	PUNCT
ajbmeb-3031	91	25	,	,	PUNCT
ajbmeb-3031	91	26	it	it	PRON
ajbmeb-3031	91	27	still	still	ADV
ajbmeb-3031	91	28	demonstrates	demonstrate	VERB
ajbmeb-3031	91	29	the	the	DET
ajbmeb-3031	91	30	continued	continue	VERB
ajbmeb-3031	91	31	presence	presence	NOUN
ajbmeb-3031	91	32	and	and	CCONJ
ajbmeb-3031	91	33	recognition	recognition	NOUN
ajbmeb-3031	91	34	of	of	ADP
ajbmeb-3031	91	35	tashkent	tashkent	NOUN
ajbmeb-3031	91	36	within	within	ADP
ajbmeb-3031	91	37	the	the	DET
ajbmeb-3031	91	38	international	international	ADJ
ajbmeb-3031	91	39	financial	financial	ADJ
ajbmeb-3031	91	40	community	community	NOUN
ajbmeb-3031	91	41	.	.	PUNCT
ajbmeb-3031	92	1	with	with	ADP
ajbmeb-3031	92	2	only	only	ADV
ajbmeb-3031	92	3	18	18	NUM
ajbmeb-3031	92	4	assessments	assessment	NOUN
ajbmeb-3031	92	5	,	,	PUNCT
ajbmeb-3031	92	6	tashkent	tashkent	NOUN
ajbmeb-3031	92	7	remains	remain	VERB
ajbmeb-3031	92	8	in	in	ADP
ajbmeb-3031	92	9	the	the	DET
ajbmeb-3031	92	10	category	category	NOUN
ajbmeb-3031	92	11	of	of	ADP
ajbmeb-3031	92	12	an	an	DET
ajbmeb-3031	92	13	associate	associate	ADJ
ajbmeb-3031	92	14	international	international	ADJ
ajbmeb-3031	92	15	financial	financial	ADJ
ajbmeb-3031	92	16	centre	centre	NOUN
ajbmeb-3031	92	17	,	,	PUNCT
ajbmeb-3031	92	18	which	which	PRON
ajbmeb-3031	92	19	is	be	AUX
ajbmeb-3031	92	20	designated	designate	VERB
ajbmeb-3031	92	21	for	for	ADP
ajbmeb-3031	92	22	emerging	emerge	VERB
ajbmeb-3031	92	23	or	or	CCONJ
ajbmeb-3031	92	24	developing	develop	VERB
ajbmeb-3031	92	25	centres	centre	NOUN
ajbmeb-3031	92	26	that	that	PRON
ajbmeb-3031	92	27	have	have	AUX
ajbmeb-3031	92	28	not	not	PART
ajbmeb-3031	92	29	yet	yet	ADV
ajbmeb-3031	92	30	met	meet	VERB
ajbmeb-3031	92	31	the	the	DET
ajbmeb-3031	92	32	threshold	threshold	NOUN
ajbmeb-3031	92	33	for	for	ADP
ajbmeb-3031	92	34	full	full	ADJ
ajbmeb-3031	92	35	inclusion	inclusion	NOUN
ajbmeb-3031	92	36	.	.	PUNCT
ajbmeb-3031	93	1	despite	despite	SCONJ
ajbmeb-3031	93	2	the	the	DET
ajbmeb-3031	93	3	modest	modest	ADJ
ajbmeb-3031	93	4	decline	decline	NOUN
ajbmeb-3031	93	5	in	in	ADP
ajbmeb-3031	93	6	score	score	NOUN
ajbmeb-3031	93	7	and	and	CCONJ
ajbmeb-3031	93	8	the	the	DET
ajbmeb-3031	93	9	limited	limited	ADJ
ajbmeb-3031	93	10	number	number	NOUN
ajbmeb-3031	93	11	of	of	ADP
ajbmeb-3031	93	12	evaluations	evaluation	NOUN
ajbmeb-3031	93	13	,	,	PUNCT
ajbmeb-3031	93	14	tashkent	tashkent	NOUN
ajbmeb-3031	93	15	’s	’s	PART
ajbmeb-3031	93	16	presence	presence	NOUN
ajbmeb-3031	93	17	in	in	ADP
ajbmeb-3031	93	18	successive	successive	ADJ
ajbmeb-3031	93	19	gfci	gfci	NOUN
ajbmeb-3031	93	20	editions	edition	NOUN
ajbmeb-3031	93	21	indicates	indicate	VERB
ajbmeb-3031	93	22	growing	grow	VERB
ajbmeb-3031	93	23	regional	regional	ADJ
ajbmeb-3031	93	24	relevance	relevance	NOUN
ajbmeb-3031	93	25	and	and	CCONJ
ajbmeb-3031	93	26	international	international	ADJ
ajbmeb-3031	93	27	interest	interest	NOUN
ajbmeb-3031	93	28	.	.	PUNCT
ajbmeb-3031	94	1	this	this	DET
ajbmeb-3031	94	2	trajectory	trajectory	NOUN
ajbmeb-3031	94	3	suggests	suggest	VERB
ajbmeb-3031	94	4	that	that	SCONJ
ajbmeb-3031	94	5	with	with	ADP
ajbmeb-3031	94	6	sustained	sustained	ADJ
ajbmeb-3031	94	7	reforms	reform	NOUN
ajbmeb-3031	94	8	,	,	PUNCT
ajbmeb-3031	94	9	enhanced	enhance	VERB
ajbmeb-3031	94	10	global	global	ADJ
ajbmeb-3031	94	11	engagement	engagement	NOUN
ajbmeb-3031	94	12	,	,	PUNCT
ajbmeb-3031	94	13	and	and	CCONJ
ajbmeb-3031	94	14	further	further	ADJ
ajbmeb-3031	94	15	development	development	PROPN
ajbmeb-3031	94	16	american	american	PROPN
ajbmeb-3031	94	17	journal	journal	PROPN
ajbmeb-3031	94	18	of	of	ADP
ajbmeb-3031	94	19	business	business	NOUN
ajbmeb-3031	94	20	management	management	NOUN
ajbmeb-3031	94	21	,	,	PUNCT
ajbmeb-3031	94	22	economics	economic	NOUN
ajbmeb-3031	94	23	and	and	CCONJ
ajbmeb-3031	94	24	banking	banking	NOUN
ajbmeb-3031	94	25	volume	volume	NOUN
ajbmeb-3031	94	26	37	37	NUM
ajbmeb-3031	94	27	june2025	june2025	PROPN
ajbmeb-3031	94	28	p	p	NOUN
ajbmeb-3031	94	29	a	a	DET
ajbmeb-3031	94	30	g	g	NOUN
ajbmeb-3031	94	31	e	e	NOUN
ajbmeb-3031	94	32	|	|	ADV
ajbmeb-3031	94	33	173	173	NUM
ajbmeb-3031	94	34	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3031	94	35	of	of	ADP
ajbmeb-3031	94	36	financial	financial	ADJ
ajbmeb-3031	94	37	infrastructure	infrastructure	NOUN
ajbmeb-3031	94	38	,	,	PUNCT
ajbmeb-3031	94	39	uzbekistan	uzbekistan	PROPN
ajbmeb-3031	94	40	has	have	VERB
ajbmeb-3031	94	41	the	the	DET
ajbmeb-3031	94	42	potential	potential	NOUN
ajbmeb-3031	94	43	to	to	PART
ajbmeb-3031	94	44	elevate	elevate	VERB
ajbmeb-3031	94	45	tashkent	tashkent	NOUN
ajbmeb-3031	94	46	to	to	ADP
ajbmeb-3031	94	47	full	full	ADJ
ajbmeb-3031	94	48	ifc	ifc	NOUN
ajbmeb-3031	94	49	status	status	NOUN
ajbmeb-3031	94	50	in	in	ADP
ajbmeb-3031	94	51	the	the	DET
ajbmeb-3031	94	52	coming	come	VERB
ajbmeb-3031	94	53	years	year	NOUN
ajbmeb-3031	94	54	.	.	PUNCT
ajbmeb-3031	95	1	conclusion	conclusion	NOUN
ajbmeb-3031	95	2	international	international	ADJ
ajbmeb-3031	95	3	financial	financial	ADJ
ajbmeb-3031	95	4	centers	center	NOUN
ajbmeb-3031	95	5	(	(	PUNCT
ajbmeb-3031	95	6	ifcs	ifcs	PROPN
ajbmeb-3031	95	7	)	)	PUNCT
ajbmeb-3031	95	8	are	be	AUX
ajbmeb-3031	95	9	geographical	geographical	ADJ
ajbmeb-3031	95	10	hubs	hub	NOUN
ajbmeb-3031	95	11	where	where	SCONJ
ajbmeb-3031	95	12	financial	financial	ADJ
ajbmeb-3031	95	13	services	service	NOUN
ajbmeb-3031	95	14	,	,	PUNCT
ajbmeb-3031	95	15	capital	capital	NOUN
ajbmeb-3031	95	16	flows	flow	NOUN
ajbmeb-3031	95	17	,	,	PUNCT
ajbmeb-3031	95	18	investment	investment	NOUN
ajbmeb-3031	95	19	markets	market	NOUN
ajbmeb-3031	95	20	,	,	PUNCT
ajbmeb-3031	95	21	and	and	CCONJ
ajbmeb-3031	95	22	related	relate	VERB
ajbmeb-3031	95	23	financial	financial	ADJ
ajbmeb-3031	95	24	operations	operation	NOUN
ajbmeb-3031	95	25	are	be	AUX
ajbmeb-3031	95	26	highly	highly	ADV
ajbmeb-3031	95	27	concentrated	concentrated	ADJ
ajbmeb-3031	95	28	.	.	PUNCT
ajbmeb-3031	96	1	these	these	DET
ajbmeb-3031	96	2	centers	center	NOUN
ajbmeb-3031	96	3	serve	serve	VERB
ajbmeb-3031	96	4	as	as	ADP
ajbmeb-3031	96	5	key	key	ADJ
ajbmeb-3031	96	6	nodes	node	NOUN
ajbmeb-3031	96	7	within	within	ADP
ajbmeb-3031	96	8	the	the	DET
ajbmeb-3031	96	9	global	global	ADJ
ajbmeb-3031	96	10	financial	financial	ADJ
ajbmeb-3031	96	11	infrastructure	infrastructure	NOUN
ajbmeb-3031	96	12	.	.	PUNCT
ajbmeb-3031	97	1	ifcs	ifc	NOUN
ajbmeb-3031	97	2	typically	typically	ADV
ajbmeb-3031	97	3	host	host	VERB
ajbmeb-3031	97	4	major	major	ADJ
ajbmeb-3031	97	5	commercial	commercial	ADJ
ajbmeb-3031	97	6	and	and	CCONJ
ajbmeb-3031	97	7	investment	investment	NOUN
ajbmeb-3031	97	8	banks	bank	NOUN
ajbmeb-3031	97	9	,	,	PUNCT
ajbmeb-3031	97	10	insurance	insurance	NOUN
ajbmeb-3031	97	11	companies	company	NOUN
ajbmeb-3031	97	12	,	,	PUNCT
ajbmeb-3031	97	13	private	private	ADJ
ajbmeb-3031	97	14	equity	equity	NOUN
ajbmeb-3031	97	15	funds	fund	NOUN
ajbmeb-3031	97	16	,	,	PUNCT
ajbmeb-3031	97	17	stock	stock	NOUN
ajbmeb-3031	97	18	exchanges	exchange	NOUN
ajbmeb-3031	97	19	,	,	PUNCT
ajbmeb-3031	97	20	auditing	auditing	NOUN
ajbmeb-3031	97	21	firms	firm	NOUN
ajbmeb-3031	97	22	,	,	PUNCT
ajbmeb-3031	97	23	and	and	CCONJ
ajbmeb-3031	97	24	fintech	fintech	NOUN
ajbmeb-3031	97	25	institutions	institution	NOUN
ajbmeb-3031	97	26	.	.	PUNCT
ajbmeb-3031	98	1	in	in	ADP
ajbmeb-3031	98	2	2025	2025	NUM
ajbmeb-3031	98	3	,	,	PUNCT
ajbmeb-3031	98	4	the	the	DET
ajbmeb-3031	98	5	global	global	ADJ
ajbmeb-3031	98	6	financial	financial	ADJ
ajbmeb-3031	98	7	centres	centre	NOUN
ajbmeb-3031	98	8	index	index	NOUN
ajbmeb-3031	98	9	(	(	PUNCT
ajbmeb-3031	98	10	gfci	gfci	NOUN
ajbmeb-3031	98	11	)	)	PUNCT
ajbmeb-3031	98	12	assessed	assess	VERB
ajbmeb-3031	98	13	the	the	DET
ajbmeb-3031	98	14	stability	stability	NOUN
ajbmeb-3031	98	15	and	and	CCONJ
ajbmeb-3031	98	16	competitiveness	competitiveness	NOUN
ajbmeb-3031	98	17	of	of	ADP
ajbmeb-3031	98	18	133	133	NUM
ajbmeb-3031	98	19	international	international	ADJ
ajbmeb-3031	98	20	financial	financial	ADJ
ajbmeb-3031	98	21	centres	centre	NOUN
ajbmeb-3031	98	22	based	base	VERB
ajbmeb-3031	98	23	on	on	ADP
ajbmeb-3031	98	24	five	five	NUM
ajbmeb-3031	98	25	key	key	ADJ
ajbmeb-3031	98	26	indicators	indicator	NOUN
ajbmeb-3031	98	27	:	:	PUNCT
ajbmeb-3031	98	28	financial	financial	ADJ
ajbmeb-3031	98	29	market	market	NOUN
ajbmeb-3031	98	30	activity	activity	NOUN
ajbmeb-3031	98	31	,	,	PUNCT
ajbmeb-3031	98	32	business	business	NOUN
ajbmeb-3031	98	33	environment	environment	NOUN
ajbmeb-3031	98	34	,	,	PUNCT
ajbmeb-3031	98	35	human	human	ADJ
ajbmeb-3031	98	36	capital	capital	NOUN
ajbmeb-3031	98	37	,	,	PUNCT
ajbmeb-3031	98	38	infrastructure	infrastructure	NOUN
ajbmeb-3031	98	39	,	,	PUNCT
ajbmeb-3031	98	40	and	and	CCONJ
ajbmeb-3031	98	41	reputation	reputation	NOUN
ajbmeb-3031	98	42	.	.	PUNCT
ajbmeb-3031	99	1	these	these	DET
ajbmeb-3031	99	2	criteria	criterion	NOUN
ajbmeb-3031	99	3	collectively	collectively	ADV
ajbmeb-3031	99	4	evaluate	evaluate	VERB
ajbmeb-3031	99	5	the	the	DET
ajbmeb-3031	99	6	depth	depth	NOUN
ajbmeb-3031	99	7	and	and	CCONJ
ajbmeb-3031	99	8	efficiency	efficiency	NOUN
ajbmeb-3031	99	9	of	of	ADP
ajbmeb-3031	99	10	financial	financial	ADJ
ajbmeb-3031	99	11	services	service	NOUN
ajbmeb-3031	99	12	,	,	PUNCT
ajbmeb-3031	99	13	regulatory	regulatory	ADJ
ajbmeb-3031	99	14	transparency	transparency	NOUN
ajbmeb-3031	99	15	,	,	PUNCT
ajbmeb-3031	99	16	workforce	workforce	NOUN
ajbmeb-3031	99	17	quality	quality	NOUN
ajbmeb-3031	99	18	,	,	PUNCT
ajbmeb-3031	99	19	technological	technological	ADJ
ajbmeb-3031	99	20	and	and	CCONJ
ajbmeb-3031	99	21	physical	physical	ADJ
ajbmeb-3031	99	22	infrastructure	infrastructure	NOUN
ajbmeb-3031	99	23	,	,	PUNCT
ajbmeb-3031	99	24	as	as	ADV
ajbmeb-3031	99	25	well	well	ADV
ajbmeb-3031	99	26	as	as	ADP
ajbmeb-3031	99	27	the	the	DET
ajbmeb-3031	99	28	global	global	ADJ
ajbmeb-3031	99	29	perception	perception	NOUN
ajbmeb-3031	99	30	and	and	CCONJ
ajbmeb-3031	99	31	attractiveness	attractiveness	NOUN
ajbmeb-3031	99	32	of	of	ADP
ajbmeb-3031	99	33	each	each	DET
ajbmeb-3031	99	34	financial	financial	ADJ
ajbmeb-3031	99	35	centre	centre	NOUN
ajbmeb-3031	99	36	.	.	PUNCT
ajbmeb-3031	100	1	tashkent	tashkent	PROPN
ajbmeb-3031	100	2	’s	’s	PART
ajbmeb-3031	100	3	inclusion	inclusion	NOUN
ajbmeb-3031	100	4	in	in	ADP
ajbmeb-3031	100	5	the	the	DET
ajbmeb-3031	100	6	gfci	gfci	NOUN
ajbmeb-3031	100	7	is	be	AUX
ajbmeb-3031	100	8	a	a	DET
ajbmeb-3031	100	9	significant	significant	ADJ
ajbmeb-3031	100	10	milestone	milestone	NOUN
ajbmeb-3031	100	11	that	that	PRON
ajbmeb-3031	100	12	reflects	reflect	VERB
ajbmeb-3031	100	13	the	the	DET
ajbmeb-3031	100	14	increasing	increase	VERB
ajbmeb-3031	100	15	global	global	ADJ
ajbmeb-3031	100	16	acknowledgment	acknowledgment	NOUN
ajbmeb-3031	100	17	of	of	ADP
ajbmeb-3031	100	18	uzbekistan	uzbekistan	PROPN
ajbmeb-3031	100	19	's	's	PART
ajbmeb-3031	100	20	financial	financial	ADJ
ajbmeb-3031	100	21	sector	sector	NOUN
ajbmeb-3031	100	22	.	.	PUNCT
ajbmeb-3031	101	1	this	this	DET
ajbmeb-3031	101	2	achievement	achievement	NOUN
ajbmeb-3031	101	3	is	be	AUX
ajbmeb-3031	101	4	expected	expect	VERB
ajbmeb-3031	101	5	to	to	PART
ajbmeb-3031	101	6	encourage	encourage	VERB
ajbmeb-3031	101	7	international	international	ADJ
ajbmeb-3031	101	8	investors	investor	NOUN
ajbmeb-3031	101	9	and	and	CCONJ
ajbmeb-3031	101	10	multinational	multinational	ADJ
ajbmeb-3031	101	11	corporations	corporation	NOUN
ajbmeb-3031	101	12	to	to	PART
ajbmeb-3031	101	13	consider	consider	VERB
ajbmeb-3031	101	14	uzbekistan	uzbekistan	PROPN
ajbmeb-3031	101	15	as	as	ADP
ajbmeb-3031	101	16	a	a	DET
ajbmeb-3031	101	17	promising	promising	ADJ
ajbmeb-3031	101	18	jurisdiction	jurisdiction	NOUN
ajbmeb-3031	101	19	for	for	ADP
ajbmeb-3031	101	20	investment	investment	NOUN
ajbmeb-3031	101	21	.	.	PUNCT
ajbmeb-3031	102	1	the	the	DET
ajbmeb-3031	102	2	country	country	NOUN
ajbmeb-3031	102	3	’s	’s	PART
ajbmeb-3031	102	4	ongoing	ongoing	ADJ
ajbmeb-3031	102	5	reforms	reform	NOUN
ajbmeb-3031	102	6	,	,	PUNCT
ajbmeb-3031	102	7	financial	financial	ADJ
ajbmeb-3031	102	8	liberalization	liberalization	NOUN
ajbmeb-3031	102	9	,	,	PUNCT
ajbmeb-3031	102	10	modernization	modernization	NOUN
ajbmeb-3031	102	11	of	of	ADP
ajbmeb-3031	102	12	the	the	DET
ajbmeb-3031	102	13	banking	banking	NOUN
ajbmeb-3031	102	14	system	system	NOUN
ajbmeb-3031	102	15	,	,	PUNCT
ajbmeb-3031	102	16	and	and	CCONJ
ajbmeb-3031	102	17	alignment	alignment	NOUN
ajbmeb-3031	102	18	with	with	ADP
ajbmeb-3031	102	19	international	international	ADJ
ajbmeb-3031	102	20	standards	standard	NOUN
ajbmeb-3031	102	21	have	have	AUX
ajbmeb-3031	102	22	played	play	VERB
ajbmeb-3031	102	23	a	a	DET
ajbmeb-3031	102	24	crucial	crucial	ADJ
ajbmeb-3031	102	25	role	role	NOUN
ajbmeb-3031	102	26	in	in	ADP
ajbmeb-3031	102	27	reaching	reach	VERB
ajbmeb-3031	102	28	this	this	DET
ajbmeb-3031	102	29	point	point	NOUN
ajbmeb-3031	102	30	.	.	PUNCT
ajbmeb-3031	103	1	moreover	moreover	ADV
ajbmeb-3031	103	2	,	,	PUNCT
ajbmeb-3031	103	3	z	z	NOUN
ajbmeb-3031	103	4	/	/	SYM
ajbmeb-3031	103	5	yen	yen	NOUN
ajbmeb-3031	103	6	group	group	NOUN
ajbmeb-3031	103	7	actively	actively	ADV
ajbmeb-3031	103	8	collaborates	collaborate	VERB
ajbmeb-3031	103	9	with	with	ADP
ajbmeb-3031	103	10	major	major	ADJ
ajbmeb-3031	103	11	global	global	ADJ
ajbmeb-3031	103	12	portfolio	portfolio	NOUN
ajbmeb-3031	103	13	investors	investor	NOUN
ajbmeb-3031	103	14	,	,	PUNCT
ajbmeb-3031	103	15	sovereign	sovereign	ADJ
ajbmeb-3031	103	16	wealth	wealth	NOUN
ajbmeb-3031	103	17	funds	fund	NOUN
ajbmeb-3031	103	18	,	,	PUNCT
ajbmeb-3031	103	19	and	and	CCONJ
ajbmeb-3031	103	20	international	international	ADJ
ajbmeb-3031	103	21	financial	financial	ADJ
ajbmeb-3031	103	22	institutions	institution	NOUN
ajbmeb-3031	103	23	.	.	PUNCT
ajbmeb-3031	104	1	the	the	DET
ajbmeb-3031	104	2	organization	organization	NOUN
ajbmeb-3031	104	3	monitors	monitor	VERB
ajbmeb-3031	104	4	the	the	DET
ajbmeb-3031	104	5	development	development	NOUN
ajbmeb-3031	104	6	dynamics	dynamic	NOUN
ajbmeb-3031	104	7	of	of	ADP
ajbmeb-3031	104	8	financial	financial	ADJ
ajbmeb-3031	104	9	centers	center	NOUN
ajbmeb-3031	104	10	and	and	CCONJ
ajbmeb-3031	104	11	provides	provide	VERB
ajbmeb-3031	104	12	analytical	analytical	ADJ
ajbmeb-3031	104	13	reports	report	NOUN
ajbmeb-3031	104	14	that	that	PRON
ajbmeb-3031	104	15	serve	serve	VERB
ajbmeb-3031	104	16	as	as	ADP
ajbmeb-3031	104	17	strategic	strategic	ADJ
ajbmeb-3031	104	18	guides	guide	NOUN
ajbmeb-3031	104	19	for	for	ADP
ajbmeb-3031	104	20	many	many	ADJ
ajbmeb-3031	104	21	global	global	ADJ
ajbmeb-3031	104	22	investors	investor	NOUN
ajbmeb-3031	104	23	.	.	PUNCT
ajbmeb-3031	105	1	in	in	ADP
ajbmeb-3031	105	2	conclusion	conclusion	NOUN
ajbmeb-3031	105	3	,	,	PUNCT
ajbmeb-3031	105	4	tashkent	tashkent	PROPN
ajbmeb-3031	105	5	's	's	PART
ajbmeb-3031	105	6	appearance	appearance	NOUN
ajbmeb-3031	105	7	in	in	ADP
ajbmeb-3031	105	8	the	the	DET
ajbmeb-3031	105	9	gfci	gfci	NOUN
ajbmeb-3031	105	10	is	be	AUX
ajbmeb-3031	105	11	not	not	PART
ajbmeb-3031	105	12	only	only	ADV
ajbmeb-3031	105	13	evidence	evidence	NOUN
ajbmeb-3031	105	14	of	of	ADP
ajbmeb-3031	105	15	uzbekistan	uzbekistan	PROPN
ajbmeb-3031	105	16	's	's	PART
ajbmeb-3031	105	17	growing	grow	VERB
ajbmeb-3031	105	18	presence	presence	NOUN
ajbmeb-3031	105	19	in	in	ADP
ajbmeb-3031	105	20	the	the	DET
ajbmeb-3031	105	21	international	international	ADJ
ajbmeb-3031	105	22	financial	financial	ADJ
ajbmeb-3031	105	23	arena	arena	NOUN
ajbmeb-3031	105	24	but	but	CCONJ
ajbmeb-3031	105	25	also	also	ADV
ajbmeb-3031	105	26	a	a	DET
ajbmeb-3031	105	27	critical	critical	ADJ
ajbmeb-3031	105	28	step	step	NOUN
ajbmeb-3031	105	29	toward	toward	ADP
ajbmeb-3031	105	30	becoming	become	VERB
ajbmeb-3031	105	31	a	a	DET
ajbmeb-3031	105	32	regional	regional	ADJ
ajbmeb-3031	105	33	financial	financial	ADJ
ajbmeb-3031	105	34	hub	hub	NOUN
ajbmeb-3031	105	35	.	.	PUNCT
ajbmeb-3031	106	1	this	this	DET
ajbmeb-3031	106	2	development	development	NOUN
ajbmeb-3031	106	3	will	will	AUX
ajbmeb-3031	106	4	contribute	contribute	VERB
ajbmeb-3031	106	5	significantly	significantly	ADV
ajbmeb-3031	106	6	to	to	ADP
ajbmeb-3031	106	7	the	the	DET
ajbmeb-3031	106	8	country	country	NOUN
ajbmeb-3031	106	9	’s	’s	PART
ajbmeb-3031	106	10	further	further	ADJ
ajbmeb-3031	106	11	integration	integration	NOUN
ajbmeb-3031	106	12	into	into	ADP
ajbmeb-3031	106	13	the	the	DET
ajbmeb-3031	106	14	global	global	ADJ
ajbmeb-3031	106	15	economy	economy	NOUN
ajbmeb-3031	106	16	.	.	PUNCT
ajbmeb-3031	107	1	references	reference	NOUN
ajbmeb-3031	107	2	1	1	NUM
ajbmeb-3031	107	3	.	.	PUNCT
ajbmeb-3031	107	4	decree	decree	NOUN
ajbmeb-3031	107	5	of	of	ADP
ajbmeb-3031	107	6	the	the	DET
ajbmeb-3031	107	7	president	president	NOUN
ajbmeb-3031	107	8	of	of	ADP
ajbmeb-3031	107	9	the	the	DET
ajbmeb-3031	107	10	republic	republic	NOUN
ajbmeb-3031	107	11	of	of	ADP
ajbmeb-3031	107	12	uzbekistan	uzbekistan	PROPN
ajbmeb-3031	107	13	“	"	PUNCT
ajbmeb-3031	107	14	on	on	ADP
ajbmeb-3031	107	15	measures	measure	NOUN
ajbmeb-3031	107	16	to	to	PART
ajbmeb-3031	107	17	establish	establish	VERB
ajbmeb-3031	107	18	the	the	DET
ajbmeb-3031	107	19	strategic	strategic	ADJ
ajbmeb-3031	107	20	development	development	NOUN
ajbmeb-3031	107	21	agency	agency	NOUN
ajbmeb-3031	107	22	of	of	ADP
ajbmeb-3031	107	23	the	the	DET
ajbmeb-3031	107	24	republic	republic	NOUN
ajbmeb-3031	107	25	of	of	ADP
ajbmeb-3031	107	26	uzbekistan	uzbekistan	PROPN
ajbmeb-3031	107	27	”	"	PUNCT
ajbmeb-3031	107	28	.	.	PUNCT
ajbmeb-3031	108	1	19.07.2021	19.07.2021	NUM
ajbmeb-3031	108	2	.	.	NOUN
ajbmeb-3031	108	3	2	2	NUM
ajbmeb-3031	108	4	.	.	X
ajbmeb-3031	108	5	d.	d.	PROPN
ajbmeb-3031	108	6	kindleberger	kindleberger	PROPN
ajbmeb-3031	108	7	,	,	PUNCT
ajbmeb-3031	108	8	charles	charles	PROPN
ajbmeb-3031	108	9	p.	p.	PROPN
ajbmeb-3031	108	10	manias	manias	PROPN
ajbmeb-3031	108	11	,	,	PUNCT
ajbmeb-3031	108	12	panics	panic	NOUN
ajbmeb-3031	108	13	,	,	PUNCT
ajbmeb-3031	108	14	and	and	CCONJ
ajbmeb-3031	108	15	crashes	crash	VERB
ajbmeb-3031	108	16	:	:	PUNCT
ajbmeb-3031	108	17	a	a	DET
ajbmeb-3031	108	18	history	history	NOUN
ajbmeb-3031	108	19	of	of	ADP
ajbmeb-3031	108	20	financial	financial	ADJ
ajbmeb-3031	108	21	crises	crisis	NOUN
ajbmeb-3031	108	22	.	.	PUNCT
ajbmeb-3031	109	1	new	new	PROPN
ajbmeb-3031	109	2	york	york	PROPN
ajbmeb-3031	109	3	:	:	PUNCT
ajbmeb-3031	109	4	basic	basic	ADJ
ajbmeb-3031	109	5	books	book	NOUN
ajbmeb-3031	109	6	,	,	PUNCT
ajbmeb-3031	109	7	1978	1978	NUM
ajbmeb-3031	109	8	.	.	PUNCT
ajbmeb-3031	110	1	3	3	X
ajbmeb-3031	110	2	.	.	X
ajbmeb-3031	110	3	r.	r.	PROPN
ajbmeb-3031	110	4	levine	levine	PROPN
ajbmeb-3031	110	5	(	(	PUNCT
ajbmeb-3031	110	6	1997	1997	NUM
ajbmeb-3031	110	7	)	)	PUNCT
ajbmeb-3031	110	8	.	.	PUNCT
ajbmeb-3031	111	1	financial	financial	ADJ
ajbmeb-3031	111	2	development	development	NOUN
ajbmeb-3031	111	3	and	and	CCONJ
ajbmeb-3031	111	4	economic	economic	ADJ
ajbmeb-3031	111	5	growth	growth	NOUN
ajbmeb-3031	111	6	:	:	PUNCT
ajbmeb-3031	111	7	views	view	NOUN
ajbmeb-3031	111	8	and	and	CCONJ
ajbmeb-3031	111	9	agenda	agenda	NOUN
ajbmeb-3031	111	10	.	.	PUNCT
ajbmeb-3031	112	1	journal	journal	PROPN
ajbmeb-3031	112	2	of	of	ADP
ajbmeb-3031	112	3	economic	economic	ADJ
ajbmeb-3031	112	4	literature	literature	NOUN
ajbmeb-3031	112	5	,	,	PUNCT
ajbmeb-3031	112	6	35(2	35(2	NUM
ajbmeb-3031	112	7	)	)	PUNCT
ajbmeb-3031	112	8	,	,	PUNCT
ajbmeb-3031	112	9	688–726	688–726	NUM
ajbmeb-3031	112	10	.	.	NOUN
ajbmeb-3031	113	1	4	4	NUM
ajbmeb-3031	113	2	.	.	NOUN
ajbmeb-3031	113	3	большой	большой	NOUN
ajbmeb-3031	113	4	экономический	экономический	NOUN
ajbmeb-3031	113	5	словарь	словарь	NOUN
ajbmeb-3031	113	6	/	/	SYM
ajbmeb-3031	113	7	под	под	ADJ
ajbmeb-3031	113	8	ред	ред	NOUN
ajbmeb-3031	113	9	.	.	PUNCT
ajbmeb-3031	114	1	а.н	а.н	NOUN
ajbmeb-3031	114	2	.	.	PUNCT
ajbmeb-3031	114	3	азрилияна	азрилияна	NOUN
ajbmeb-3031	114	4	.	.	PUNCT
ajbmeb-3031	115	1	—	—	PUNCT
ajbmeb-3031	115	2	7	7	NUM
ajbmeb-3031	115	3	-	-	PUNCT
ajbmeb-3031	115	4	е	е	NOUN
ajbmeb-3031	115	5	изд	изд	NOUN
ajbmeb-3031	115	6	.	.	PROPN
ajbmeb-3031	115	7	,	,	PUNCT
ajbmeb-3031	115	8	доп	доп	PROPN
ajbmeb-3031	115	9	.	.	PUNCT
ajbmeb-3031	116	1	—	—	PUNCT
ajbmeb-3031	116	2	м	м	X
ajbmeb-3031	116	3	.	.	PUNCT
ajbmeb-3031	116	4	:	:	PUNCT
ajbmeb-3031	117	1	институт	институт	PROPN
ajbmeb-3031	117	2	новой	новой	NOUN
ajbmeb-3031	117	3	экономики	экономики	NOUN
ajbmeb-3031	117	4	,	,	PUNCT
ajbmeb-3031	117	5	2007	2007	NUM
ajbmeb-3031	117	6	.	.	PUNCT
ajbmeb-3031	117	7	—	—	PUNCT
ajbmeb-3031	117	8	1427	1427	NUM
ajbmeb-3031	117	9	с	с	NOUN
ajbmeb-3031	117	10	.	.	PUNCT
ajbmeb-3031	117	11	—	—	PUNCT
ajbmeb-3031	118	1	с	с	PROPN
ajbmeb-3031	118	2	.	.	PROPN
ajbmeb-3031	118	3	1395	1395	NUM
ajbmeb-3031	118	4	.	.	PUNCT
ajbmeb-3031	119	1	5	5	NUM
ajbmeb-3031	119	2	.	.	X
ajbmeb-3031	119	3	новиков	новиков	PROPN
ajbmeb-3031	119	4	а.в	а.в	PROPN
ajbmeb-3031	119	5	.	.	PROPN
ajbmeb-3031	119	6	,	,	PUNCT
ajbmeb-3031	119	7	новикова	новикова	NOUN
ajbmeb-3031	119	8	и.я	и.я	PROPN
ajbmeb-3031	119	9	.	.	PROPN
ajbmeb-3031	119	10	финансовые	финансовые	PROPN
ajbmeb-3031	119	11	центры	центры	PROPN
ajbmeb-3031	119	12	:	:	PUNCT
ajbmeb-3031	119	13	рейтинги	рейтинги	VERB
ajbmeb-3031	119	14	и	и	PROPN
ajbmeb-3031	119	15	российский	российский	PROPN
ajbmeb-3031	119	16	потенциал	потенциал	PROPN
ajbmeb-3031	119	17	//	//	PROPN
ajbmeb-3031	119	18	экономика	экономика	PROPN
ajbmeb-3031	119	19	и	и	PROPN
ajbmeb-3031	119	20	управление	управление	NOUN
ajbmeb-3031	119	21	.	.	PUNCT
ajbmeb-3031	120	1	—	—	PUNCT
ajbmeb-3031	120	2	2010	2010	NUM
ajbmeb-3031	120	3	.	.	PUNCT
ajbmeb-3031	120	4	—	—	PUNCT
ajbmeb-3031	121	1	№	№	NOUN
ajbmeb-3031	121	2	8	8	NUM
ajbmeb-3031	121	3	.	.	PUNCT
ajbmeb-3031	121	4	—	—	PUNCT
ajbmeb-3031	122	1	с	с	PROPN
ajbmeb-3031	122	2	.	.	PUNCT
ajbmeb-3031	123	1	139–142	139–142	NUM
ajbmeb-3031	123	2	.	.	PUNCT
ajbmeb-3031	124	1	6	6	NUM
ajbmeb-3031	124	2	.	.	PUNCT
ajbmeb-3031	124	3	z.	z.	PROPN
ajbmeb-3031	124	4	bodie	bodie	PROPN
ajbmeb-3031	124	5	,	,	PUNCT
ajbmeb-3031	124	6	a.	a.	PROPN
ajbmeb-3031	124	7	kane	kane	PROPN
ajbmeb-3031	124	8	&	&	CCONJ
ajbmeb-3031	124	9	a.	a.	PROPN
ajbmeb-3031	124	10	marcus	marcus	PROPN
ajbmeb-3031	124	11	(	(	PUNCT
ajbmeb-3031	124	12	2014	2014	NUM
ajbmeb-3031	124	13	)	)	PUNCT
ajbmeb-3031	124	14	.	.	PUNCT
ajbmeb-3031	125	1	investments	investment	NOUN
ajbmeb-3031	125	2	(	(	PUNCT
ajbmeb-3031	125	3	10th	10th	ADJ
ajbmeb-3031	125	4	ed	ed	NOUN
ajbmeb-3031	125	5	.	.	PUNCT
ajbmeb-3031	125	6	)	)	PUNCT
ajbmeb-3031	125	7	.	.	PUNCT
ajbmeb-3031	126	1	mcgraw	mcgraw	PROPN
ajbmeb-3031	126	2	-	-	PUNCT
ajbmeb-3031	126	3	hill	hill	NOUN
ajbmeb-3031	126	4	education	education	NOUN
ajbmeb-3031	126	5	.	.	PUNCT
ajbmeb-3031	127	1	7	7	X
ajbmeb-3031	127	2	.	.	X
ajbmeb-3031	127	3	климачев	климачев	PROPN
ajbmeb-3031	127	4	в.в	в.в	PROPN
ajbmeb-3031	127	5	.	.	PROPN
ajbmeb-3031	128	1	международные	международные	PROPN
ajbmeb-3031	128	2	финансовые	финансовые	PROPN
ajbmeb-3031	128	3	центры	центры	PROPN
ajbmeb-3031	128	4	в	в	PROPN
ajbmeb-3031	128	5	глобальной	глобальной	NOUN
ajbmeb-3031	128	6	финансовой	финансовой	VERB
ajbmeb-3031	128	7	системе	системе	NOUN
ajbmeb-3031	128	8	.	.	PUNCT
ajbmeb-3031	129	1	автореф	автореф	NOUN
ajbmeb-3031	129	2	.	.	PUNCT
ajbmeb-3031	130	1	дис	дис	PROPN
ajbmeb-3031	130	2	.	.	PUNCT
ajbmeb-3031	131	1	…	…	PUNCT
ajbmeb-3031	131	2	канд	канд	NOUN
ajbmeb-3031	131	3	.	.	PUNCT
ajbmeb-3031	132	1	экон	экон	PROPN
ajbmeb-3031	132	2	.	.	PUNCT
ajbmeb-3031	133	1	наук	наук	PROPN
ajbmeb-3031	133	2	.	.	PUNCT
ajbmeb-3031	134	1	—	—	PUNCT
ajbmeb-3031	134	2	м	м	X
ajbmeb-3031	134	3	.	.	NOUN
ajbmeb-3031	134	4	,	,	PUNCT
ajbmeb-3031	134	5	2011	2011	NUM
ajbmeb-3031	134	6	.	.	PUNCT
ajbmeb-3031	135	1	—	—	PUNCT
ajbmeb-3031	135	2	24	24	NUM
ajbmeb-3031	135	3	с	с	NOUN
ajbmeb-3031	135	4	.	.	PROPN
ajbmeb-3031	135	5	8	8	NUM
ajbmeb-3031	135	6	.	.	PUNCT
ajbmeb-3031	135	7	https://www.zyen.com	https://www.zyen.com	X
ajbmeb-3031	136	1	–	–	PUNCT
ajbmeb-3031	136	2	official	official	ADJ
ajbmeb-3031	136	3	website	website	NOUN
ajbmeb-3031	136	4	of	of	ADP
ajbmeb-3031	136	5	z	z	PROPN
ajbmeb-3031	136	6	/	/	SYM
ajbmeb-3031	136	7	yen	yen	NOUN
ajbmeb-3031	136	8	group	group	NOUN
ajbmeb-3031	136	9	.	.	PUNCT
ajbmeb-3031	137	1	https://www.zyen.com/	https://www.zyen.com/	PROPN