Hong Kong's Link to the US Dollar : Origins and Evolution, Second Edition.

Format:

Book

Author/Creator:

Greenwood, John.

Language:

English

Subjects (All):

Economic conditions.

Investments, Hong Kong.

Physical Description:

1 online resource (361 pages)

Edition:

2nd ed.

Place of Publication:

HK : Hong Kong University Press, 2022.

Summary:

This book examines the evolution of Hong Kong's linked exchange rate system, from the 1983 currency crisis and the establishment of the currency board to the challenges surrounding the Asian financial crisis and the subsequent reforms. Compiling key articles originally published in the Asian Monetary Monitor, it provides detailed monetary analysis of the collapse of the floating Hong Kong dollar, the introduction of the link to the US dollar, and the gradual refinement of the system through 2020.

Contents:

Intro

Contents

Appendices and Boxes

Charts, Tables, and Figures

Foreword

Introduction to the First Edition

1. Currency on the Skids

2. Time to Blow the Whistle

3. Monetary Downturn Compounds Trade Woes

4. Hong Kong's Financial Crisis

5. How to Rescue the Hong Kong Dollar

6. The Stabilisation of the Hong Kong Dollar

7. The Operation of the New Exchange Rate Mechanism

8. Why the HK/US Linked Rate System Should Not Be Changed

9. Adjusting to the Link

10. Negative Interest Rates

11. Intervention Replaces Arbitrage

12. The Impact of the Tiananmen Square Incident of Hong Kong's Monetary System

13. Building Resilence and Automaticity, 1983-2005

14. Establishing Credibility, 2005-2020

Index.

Notes:

Description based on publisher supplied metadata and other sources.

Part of the metadata in this record was created by AI, based on the text of the resource.

OCLC:

1586552071