Hidden Bibliographic Details
Other authors / contributors: | Leung, Cynthia, author.
International Monetary Fund, Issuing body.
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ISBN: | 1280886188 9781280886188 1451988117 9781451988116 9781452706078 1452706077 9781452773681 1452773688 9781451816976 1451816979
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Notes: | "Prepared by Cynthia Leung, Nathan Porter, Olaf Unteroberdoerster and Francis Vitek." "February 2008"--Cover. "Prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country." Includes bibliographical references. Print version record.
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Summary: | Hong Kong, like other city financial centers, has a high private saving rate. This paper seeks to understand what the principal drivers of saving and investment in financial centers are. Cyclical frequency changes affecting international financial and trade linkages are key drivers of saving and investment fluctuations in Hong Kong. Hong Kong has a long-established track-record as Asia?s premier center for cross-border financial transactions. Its preeminence derives from its special link with Mainland China, with respect to foreign direct investment flows.
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Other form: | Print version: People's Republic of China. Washington, D.C. : International Monetary Fund, 2008
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Standard no.: | 10.5089/9781451988116.002
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