Hong Kong SAR's Monetary and Exchange Rate

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.

CATHERINE R. SCHENK is Professor of International Economic History at the University of Glasgow, UK. She has published widely on Hong Kongs banking and monetary history and is the author of Hong Kong as an International Financial Centre (Routledge, 2001). She was Research Fellow at the HKIMR in 2005 and 2008.

List of Illustrations	p. vii
List of Tables	p. viii
List of Figures	p. ix
Notes on Contributors	p. xi
Acknowledgements	p. xiii
Historical Perspectives	p. 1
Hong Kong's Monetary Challenges in Historical Perspective	p. 3
Historical Dimensions of the Hong Kong- Guangdong Financial & Monetary Links: Three Cases in Politico - Economic Interactive Dynamics, 1912 - 1935	p. 15
Banking and Exchange Rate Relations between Hong Kong and Mainland China in Historical Perspective: 1965-75	p. 45
The Currency Board	p. 73
Laissez-faire's Limitations: The Evolution of Monetary Policy in Hong Kong, 1935-80	p. 75
Rules Versus Discretion in Managing the Hong Kong Dollar, 1983-2007	p. 95
The Origin and the Evolution of Hong Kong's Currency Board I	p. 125
The Origin and Evolution of Hong Kong's Currency Board II	p. 145
The Future of the International Financial Centre	p. 159
Hong Kong's Transformation as a Financial Center	p. 161
Bibliography	p. 189
Index	p. 197
Table of Contents provided by Ingram. All Rights Reserved.

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

FREE SHIPPING

Amazon no longer offers textbook rentals. We do!

Hong Kong SAR's Monetary and Exchange Rate Challenges

Summary

Author Biography

Table of Contents

Supplemental Materials