Hidden Bibliographic Details
| Varying Form of Title: | Hong Kong SAR, 2010 Article IV consultation
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| Other authors / contributors: | International Monetary Fund, issuing body.
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| ISBN: | 1283551799
9781283551793
9781455265978
1455265977
1455291218
9781455291212
9781455212675
1455212679
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| Notes: | "December 2010."
Online resource; title from PDF title page (IMF Web site, viewed November 16, 2011).
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| Summary: | 1. Growth. The economy is recovering briskly with all demand components resuming a strong growth trajectory (Figure 1). Growth is likely to reach 6 3/4 percent this year and moderate to 5-5 1/2 percent in 2011. Net exports have been buoyed by vigorous growth in the Mainland and the ongoing global recovery. Investment has benefited from the implementation of various multi-year public infrastructure projects and private spending on machinery and equipment has picked up. At the same time, consumption bounced back as labor markets improved and confidence returned. The predominant near-term risks to the outlook are from a weaker external environment, notably an increase in European sovereign risks or a renewed slowdown in the United States. If realized, these risks would spill into Hong Kong SAR through both trade and financial channels.
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| Standard no.: | 10.5089/9781455291212.002
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