Hong Kong SAR Monetary and Exchange Rate Challenges

Historical Perspectives

Paperback Engels 2009 9781349302703
Verwachte levertijd ongeveer 9 werkdagen

Samenvatting

Hong Kong SAR is now highly unusual as a large economy running a currency board system that pegs the Hong Kong Dollar to the US Dollar. This volume explores the origins and persistence of this system, presenting the viewpoint of several of the main protagonists in the operation of the currency board since 1983 as well as new research by academics.

Specificaties

ISBN13:9781349302703
Taal:Engels
Bindwijze:paperback
Uitgever:Palgrave Macmillan UK

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Inhoudsopgave

PART I: HISTORICAL PERSPECTIVES Hong Kong's Monetary Challenges in Historical Perspective; C. R. Schenk Historical Dimensions of the Hong Kong-Guangdong Financial& Monetary Links:Three Cases in Politico-Economic Interactive Dynamics, 1912-1935; M. K. Chan Banking and Exchange Rate Relations Between Hong Kong and Mainland China 1965-1975; C. R. Schenk PART II: THE CURRENCY BOARD Laissez-faire's Limitations: The Evolution of Monetary Policy in Hong Kong, 1935-80; L. Goodstadt Rules Versus Discretion in Managing the Hong Kong Dollar, 1983-2007; T . Latter The Origin and the Evolution of Hong Kong's Currency Board I; J. Greenwood The Origin and Evolution of Hong Kong's Currency Board II; J. Yam PART III: THE FUTURE OF THE INTERNATIONAL FINANCIAL CENTRE Hong Kong's Transformation as a Financial Centre; D. R. Meyer

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        Hong Kong SAR Monetary and Exchange Rate Challenges