Hong Kong's link to the US dollar : origins and evolution /

Hong Kong's link to the US dollar : origins and evolution /

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Bibliographic Details
Author / Creator:	Greenwood, John.
Imprint:	Hong Kong : Hong Kong University Press ; London : Eurospan [distributor], ©2008.
Description:	1 online resource (303 pages)
Language:	English
Subject:	Currency question -- China -- Hong Kong. Monetary policy -- China -- Hong Kong. Currency question. Economic history. Monetary policy. Hong Kong (China) -- Economic conditions -- 20th century. Hong Kong (China) -- Economic conditions -- 21st century. China -- Hong Kong. Electronic books.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/11222949

Hidden Bibliographic Details
ISBN:	9789888052349 9888052349 9789882207004 9882207006 9789622098909 9622098908
Digital file characteristics:	data file
Notes:	Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
Summary:	This book covers the origins of Hong Kong's currency crisis in 1983, the initial resolution of the crisis by creation of a currency board, the subsequent problems leading to the Asian financial crisis of 1997-98, and the later reforms. The Epilogue traces Hong Kong's monetary developments between 1990 and 2005.
Other form:	Print version: Greenwood, John. Hong Kong's link to the US dollar. Hong Kong : Hong Kong University Press ; London : Eurospan [distributor], ©2008 9789622098909

Table of Contents:

Foreword / Charles Goodhart
Currency on the skids
Time to blow the whistle
Monetary downturn compounds trade woes
Hong Kong's financial crisis
history, analysis prescription
How to rescue the Hong Kong dollar
three practical proposals
The stabilisation of the Hong Kong dollar
The operation of the new exchange rate mechanism
Why the HK$/US$ linked rate system should not be changed
Adjusting to the link
Negative interest rates
a comparison of the Hong Kong and Swiss schemes
Intervention replaces arbitrage
the July package of monetary measures
The impact of the Tiananmen Square incident on Hong Kong's monetary system
Epilogue.