Hong Kong S Money


Hong Kong S Money
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Hong Kong S Money


Hong Kong S Money
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Author : Tony Latter
language : en
Publisher: Hong Kong University Press
Release Date : 2007-08-01

Hong Kong S Money written by Tony Latter and has been published by Hong Kong University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-08-01 with Business & Economics categories.


Since 1983 Hong Kong has pegged its currency to the US dollar through a currency board system that is unique among the world's advanced economies. In this first comprehensive book about Hong Kong's monetary system, Tony Latter draws on his considerable experience in central banking generally, and with the Hong Kong Monetary Authority in particular, to give a detailed account of how the system operates; why it was introduced; what are the important differences from other monetary regimes; and how it has performed. After a brief overview of Hong Kong's currency board system, two chapters explain the key features of mainstream monetary policy as practised in most economies and how the currency board differs. Then three chapters deal with the history of money in Hong Kong from the mid-1930s, describing the salient events and changes of the period up to the 1983 crisis and the consequent re-adoption of the currency board. Descriptions of the functioning of the system after 1983 and its evolution to the present day then follow. The book concludes with assessments of the performance of the currency board since 1983 and of the Hong Kong economy more widely. This book is designed both to inform lay readers and to provide substance for monetary economists. Given the key role of monetary policy in providing a stable foundation for a strong economy, the book is of importance for all business people in Hong Kong, while the more analytical sections provide essential reading for all students of economics.



Hong Kong S Link To The Us Dollar


Hong Kong S Link To The Us Dollar
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Author : John Greenwood
language : en
Publisher: Hong Kong University Press
Release Date : 2022-03-07

Hong Kong S Link To The Us Dollar written by John Greenwood and has been published by Hong Kong University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-03-07 with Business & Economics categories.


Hong Kong’s Link to the US Dollar covers the origins of the city’s currency crisis in 1983, the initial resolution of the crisis by creation of a traditional currency board, the subsequent problems leading to the Asian financial crisis of 1997–98, and the later reforms. A new final chapter traces monetary developments in Hong Kong between 2005 and 2020. This valuable compendium of articles, originally written in the bimonthly journal Asian Monetary Monitor between 1981 and 1989, includes the key article that formed the basis for the Hong Kong government’s decision in 1983 to peg the currency to the US dollar, as well as other important documents of historical record. The main contribution of the book is its detailed monetary analysis of Hong Kong’s unique financial system before and after the currency crisis of 1983. The book explains the collapse of the floating Hong Kong dollar under the pressure of capital outflows during the Sino-British negotiations (1982–84) over the future of Hong Kong, the fascinating story of the introduction of the linked rate system pegging the Hong Kong dollar to the US dollar, and the subsequent gradual process of reform and refinement of the currency board mechanism (1988–2020). Hong Kong’s Link to the US Dollar will enable readers to obtain a comprehensive picture of why the linked rate system was put in place, how it works, and how it has been strengthened over the years. The second edition extends the discussion to 2020. Hong Kong’s Link to the US Dollar covers the origins of the city’s currency crisis in 1983, the initial resolution of the crisis by creation of a traditional currency board, the subsequent problems leading to the Asian financial crisis of 1997–98, and the later reforms. A new final chapter traces monetary developments in Hong Kong between 2005 and 2020. This valuable compendium of articles, originally written in the bimonthly journal Asian Monetary Monitor between 1981 and 1989, includes the key article that formed the basis for the Hong Kong government’s decision in 1983 to peg the currency to the US dollar, as well as other important documents of historical record. The main contribution of the book is its detailed monetary analysis of Hong Kong’s unique financial system before and after the currency crisis of 1983. The book explains the collapse of the floating Hong Kong dollar under the pressure of capital outflows during the Sino-British negotiations (1982–84) over the future of Hong Kong, the fascinating story of the introduction of the linked rate system pegging the Hong Kong dollar to the US dollar, and the subsequent gradual process of reform and refinement of the currency board mechanism (1988–2020). Hong Kong’s Link to the US Dollar will enable readers to obtain a comprehensive picture of why the linked rate system was put in place, how it works, and how it has been strengthened over the years. The second edition extends the discussion to 2020.



Hong Kong Sar Monetary And Exchange Rate Challenges


Hong Kong Sar Monetary And Exchange Rate Challenges
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Author : C. Schenk
language : en
Publisher: Springer
Release Date : 2008-11-28

Hong Kong Sar Monetary And Exchange Rate Challenges written by C. Schenk and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-11-28 with Business & Economics categories.


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.



Money In Hong Kong


Money In Hong Kong
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Author : Y. C. Jao
language : en
Publisher:
Release Date : 1990

Money In Hong Kong written by Y. C. Jao and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Bank notes categories.




Money And Finance In Hong Kong


Money And Finance In Hong Kong
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Author : Y. C. Jao
language : en
Publisher: World Scientific
Release Date : 1998

Money And Finance In Hong Kong written by Y. C. Jao and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Business & Economics categories.


Prepared by the East Asian Institute, NUS, which promotes research on East Asian developments particularly the political, economic and social development of contemporary China (including Hong Kong and Taiwan), this series of research reports is intended for policy makers and readers who want to keep abreast of the latest developments in China.



The Exchange Rate Systems In Hong Kong And Singapore


The Exchange Rate Systems In Hong Kong And Singapore
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Author : Paul Sau-Leung Yip
language : en
Publisher:
Release Date : 2005

The Exchange Rate Systems In Hong Kong And Singapore written by Paul Sau-Leung Yip and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Foreign exchange rates categories.




Asian Godfathers


Asian Godfathers
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Author : Joe Studwell
language : en
Publisher: Profile Books
Release Date : 2010-09-03

Asian Godfathers written by Joe Studwell and has been published by Profile Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-09-03 with Biography & Autobiography categories.


40 or 50 families control the economies of Hong Kong, Singapore, Thailand, the Philippines and Indonesia. Their interests range from banking to property, from shipping to sugar, from vice to gambling. 13 of the 50 richest families in the world are in South East Asia yet they are largely unknown outside confined business circles. Often this is because they control the press and television as well as everything else. How do they do it? What are their secrets? And is it good news or bad for the places where they operate? Joe Studwell explosively lifts the lid on a world of staggering secrecy and shows that the little most people know is almost entirely wrong.



Hong Kong Money


Hong Kong Money
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Author : John DeMont
language : en
Publisher:
Release Date : 1989

Hong Kong Money written by John DeMont and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Biography & Autobiography categories.




Hong Kong Screenscapes


Hong Kong Screenscapes
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Author : Esther M. K. Cheung
language : en
Publisher: Hong Kong University Press
Release Date : 2010-11-01

Hong Kong Screenscapes written by Esther M. K. Cheung and has been published by Hong Kong University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-11-01 with Performing Arts categories.


Global connections and screen innovations converge in Hong Kong cinema. Energized by transnational images and human flows from China and Asia, Hong Kong's commercial filmmakers and independent pioneers have actively challenged established genres and narrative conventions to create a cultural space independent of Hollywood. The circulation of Hong Kong films through art house and film festival circuits, as well as independent DVDs and galleries and internet sites, reveals many differences within global cultural distributions, as well as distinctive tensions between experimental media artists and traditional screen architects. Coving the contributions of Hong Kong New Wave directors such as Wong Karwai, Stanley Kwan, Ann Hui, Patrick Tam, and Tsui Hark, the volume links their spirit of innovation to work by independent, experimental, and documentary filmmakers, including Fruit Chan, Tammy Cheung, Evans Chan, Yau Ching and digital artist Isaac Leung. Within an interdisciplinary frame that highlights issues of political marginalization, censorship, sexual orientation, gender hierarchies, "flexible citizenship" and local/global identities, this book speaks to scholars and students within as well as beyond the field of Hong Kong cinema. Esther M.K. Cheung is chair of the Department of Comparative Literature and director of the Center for the Study of Globalization and Cultures (CSGC) at the University of Hong Kong. Gina Marchetti teaches in the Department of Comparative Literature at the University of Hong Kong. Tan See-Kam presently works and researches at the University of Macau.



Innovative And Creative Industries In Hong Kong


Innovative And Creative Industries In Hong Kong
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Author : Grace L K Leung
language : en
Publisher: Routledge
Release Date : 2018-10-29

Innovative And Creative Industries In Hong Kong written by Grace L K Leung and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-29 with Social Science categories.


The experience of Hong Kong’s innovative and creative industries and the challenges they face serves as an important case study for other Chinese and Asian cities that are actively developing their innovative and creative industries in the era of globalization. The return of sovereignty over Hong Kong back to China in 1997 has led to both collaboration and competition between the two places in innovative and creative sectors for the Greater China and Asian Regions. Hong Kong has remained unique in spite of the integration, but she has to strike a delicate balance between being simultaneously a Chinese and an international city. This book looks at different innovative and creative industries, such as international art and culture exhibition, innovative technology, digital entertainment, TV and movies, as well as government policy for innovative and creative industries, particularly the changing competitive landscape brought about by the latest Great Bay Area development. Drawing insights from cultural history, innovation economics, cultural policy studies, and cultural geography, this book explores the opportunities and challenges of Hong Kong's innovative and creative industries, in particular after the change of sovereignty in 1997. It demonstrates that the city’s legacy, and heavy government input in capital, do not guarantee their sustainable development. This is a book not only for policymakers or academics interested in innovative and creative industries but also to students contemplating a career in these areas in Hong Kong, the Greater China and the Asian Region.