Hong Kong SAR's monetary and exchange rate challenges: historical perspectives

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 1983as well as new research by academics. ÍNDICE: PART I: HISTORICAL PERSPECTIVES - Hong Kongb s Monetary Challengesin 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-faireb 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 Kongb 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 Kongb s Transformation as a Financial Centre; D. R. Meyer --

• ISBN: 978-0-230-20946-6
• Editorial: Palgrave Macmillan
• Encuadernacion: Cartoné
• Páginas: 192
• Fecha Publicación: 28/11/2008
• Nº Volúmenes: 1
• Idioma: Inglés