Profits, politics and panics : Hong Kong's banks and the making of a miracle economy, 1935-1985 / Leo F. Goodstadt.

Format:

Book

Author/Creator:

Goodstadt, Leo F.

Language:

English

Subjects (All):

Banks and banking--China--Hong Kong--History--20th century.

Banks and banking.

Hong Kong (China)--Economic conditions--20th century.

Hong Kong (China).

Physical Description:

1 online resource (328 p.)

Other Title:

Hong Kong's banks and the making of a miracle economy, 1935-1985

Place of Publication:

Hong Kong : Hong Kong University Press, 2007.

Language Note:

English

Summary:

Between 1935 and 1985, Hong Kong's growth seemed unstoppable. The economy flourished despite wars, revolution and Western protectionism to emerge as a world-class manufacturing exporter and an international financial centre. Yet, for bankers, these were troubled years, with bank runs, corporate scandals and the 1983 currency collapse. The crises were avoidable and caused by government blunders as well as the banks' mismanagement. This book offers an absorbing account of a turbulent banking industry which will be compelling reading not only for bankers and corporate executives but for readers i

Contents:

Contents; Preface; Acknowledgments; Introduction; 1. Mismanaged by Mandarins; 2. Chinese Revolutionaries, Colonial Reformers; 3. Post-war Emergencies: From Boom to Bust; 4. Financial Centre under Siege; 5. Industrial Take-off: Cut-price and Self-financed; 6. The Rise and Fall of the Chinese Banks; 7. A Dangerous Business Model; 8. An Avoidable Crisis: The 1965 Bank Runs; 9. From Banking Crisis to Financial Catastrophe; 10. Colonial Money and Its Management; 11. The Exceptional Colony; Conclusions - A Political Deficit; Notes; Bibliography; Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on print version record.

ISBN:

1-282-70930-5

9786612709302

988-8052-70-5

OCLC:

650524470