Hong Kong as an international financial centre : emergence and development 1945-1965 / Catherine R. Schenk.

Format:

Book

Author/Creator:

Schenk, Catherine R. (Catherine Ruth), 1964-

Series:

Routledge studies in the growth economies of Asia ; 31.

Routledge studies in the growth economies of Asia ; 31

Language:

English

Subjects (All):

Finance--China--Hong Kong.

Finance.

International finance--China--Hong Kong.

International finance.

Hong Kong (China)--Economic conditions.

Hong Kong (China).

Physical Description:

1 online resource (225 p.)

Edition:

1st ed.

Place of Publication:

London : Routledge, 2001.

Language Note:

English

Summary:

Based on previously unpublished archival records, this book studies the origins of Hong Kong's post war rise to global prominence. It explores the expansion of the gold market, stock market, banking system, foreign exchange market, and insurance in the years 1945-1965. This book makes a significant contribution to our understanding of the development of Hong Kong, the impact of financial regulation and, more broadly, the role of financial centres in the international economy in the post war period.

Contents:

Book Cover; Title; Contents; Figures; Tables; Acknowledgements; Hong Kong in the international economy; Evolution of Hong Kong's economy 1945 65; Hong Kong in the international monetary system; Hong Kong and China 1949 65; Government policy and the 'laissez-faire' myth; Outline of the book; Appendix; Hong Kong and China 1945 51; Nationalist chaos and Hong Kong's recovery; The Hong Kong dollar in China; The Nationalist blockade; The US dollar freezing order; Development of embargo policies in the USA and UK; Impact of the embargo on Hong Kong; Conclusion; The banking system

Domestic banking: Expansion, crisis and new regulationConclusion; Foreign exchange markets; Regulating the free dollar market; Implications of the free market for trade and manufacturing; The free market and global capital transactions; Switch sterling activities of the Hongkong Bank; Illegal transactions; Conclusion; The gold market, the stock exchange and insurance; The stock exchange; Insurance market; Conclusion; Appendix; Hong Kong as an international financial centre; Competitive advantage of Hong Kong; The international financial centre and industrialisation; Epilogue and summary

SummaryNotes; Bibliography

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on metadata supplied by the publisher and other sources.

ISBN:

1-134-62604-5

1-134-62605-3

0-429-22933-X

1-280-32631-X

9786610326310

0-203-18329-0

9780429229336

OCLC:

264508242