Hong Kong SAR Monetary and Exchange Rate Challenges 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024

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Schenk, Catherine 编作者

译者

2009-2 出版日期

216 页数

$ 124.30 价格

丛书系列

9780230209466 图书编码

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Hong Kong SAR Monetary and Exchange Rate Challenges 在线电子书图书描述

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. While usually credited with providing stability and prosperity for Hong Kong, the system has become controversial since the decline of the US Dollar since 2002 and the adoption of a flexible basket peg system for the Renminbi in 2005. Why was this system adopted in the first place? Why did Hong Kong go back to a currency board in 1983 after a decade of floating exchange rates? This volume explores the origins and persistence of the system in the context of the long term monetary integration with mainland China and presents the viewpoint of several of those involved in the restoration of the currency board system in 1983. It also explains the changes made since the 1990s and looks to Hong Kong's future prospects.

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