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Hong Kong's link to the US dollar : origins and evolution /

This book covers the origins of Hong Kong's currency crisis in 1983, the initial resolution of the crisis by creation of a currency board, the subsequent problems leading to the Asian financial crisis of 1997-98, and the later reforms. The Epilogue traces Hong Kong's monetary developments...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Greenwood, John
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Hong Kong : London : Hong Kong University Press ; Eurospan [distributor], ©2008.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Foreword / Charles Goodhart
  • Currency on the skids
  • Time to blow the whistle
  • Monetary downturn compounds trade woes
  • Hong Kong's financial crisis
  • history, analysis prescription
  • How to rescue the Hong Kong dollar
  • three practical proposals
  • The stabilisation of the Hong Kong dollar
  • The operation of the new exchange rate mechanism
  • Why the HK$/US$ linked rate system should not be changed
  • Adjusting to the link
  • Negative interest rates
  • a comparison of the Hong Kong and Swiss schemes
  • Intervention replaces arbitrage
  • the July package of monetary measures
  • The impact of the Tiananmen Square incident on Hong Kong's monetary system
  • Epilogue.