Author: Publisher:
ISBN:
Category : Hong Kong (China)
Languages : en
Pages : 42
Book Description
People's Republic of China--Hong Kong Special Administrative Region, Staff Report for the ... Article IV Consultation Discussions
Author: People's Republic of China-Hong Kong Special Administrative Region
Author: People’s Republic of China—Hong Kong Special Administrative Region
Author: International Monetary Fund. Asia and Pacific DeptPublisher: International Monetary Fund
ISBN: 1498343791
Category : Business & Economics
Languages : en
Pages : 45
Book Description
This 2014 Article IV Consultation highlights that Hong Kong Special Administrative Region’s (HKSAR) growth recovered to 2.9 percent in 2013 as resilient domestic demand helped offset the continued drag from net exports. As the global recovery takes hold, external demand is forecast to improve and lift growth to about 33⁄4 percent in 2014, although domestic demand remains solid. Inflation is expected to remain at about 4 percent, given the slow pass-through of housing costs. In line with the improved economic outlook, the 2014/15 budget includes a reduction in one-off measures of about 1.9 percent of GDP.
Peoplés Republic of China - Hong Kong Special Administrative Region
Author: People's Republic of China-Hong Kong Special Administrative Region
Author: International Monetary Fund. Asia and Pacific DeptPublisher: International Monetary Fund
ISBN: 1513525476
Category : Business & Economics
Languages : en
Pages : 89
Book Description
This 2019 Article IV Consultation with People’s Republic of China—Hong Kong Special Administrative Region (SAR) discusses that the economy is projected to start recovering next year, but the pace is expected to be gradual and both near- and medium-term risks have increased significantly, including from trade and technology tensions, ongoing social unrest, and structural challenges of insufficient housing supply and high income inequality. Hong Kong SAR is well placed to address both cyclical and structural challenges with its significant buffers thanks to its long history of prudent macroeconomic policies. Given that the fiscal framework permits deficits during economic downturns, government spending should be increased significantly in the areas of social safety nets, education/retraining, and infrastructure to cope with the cyclical downturn and address structural challenges of insufficient housing and high-income inequality. This should be complemented with measures to ensure fiscal sustainability and greater equity.
People’s Republic of China—Hong Kong Special Administrative Region
Author: International Monetary Fund. Asia and Pacific DeptPublisher: INTERNATIONAL MONETARY FUND
ISBN: 9781498343794
Category : Business & Economics
Languages : en
Pages : 0
Book Description
This 2014 Article IV Consultation highlights that Hong Kong Special Administrative Region’s (HKSAR) growth recovered to 2.9 percent in 2013 as resilient domestic demand helped offset the continued drag from net exports. As the global recovery takes hold, external demand is forecast to improve and lift growth to about 33⁄4 percent in 2014, although domestic demand remains solid. Inflation is expected to remain at about 4 percent, given the slow pass-through of housing costs. In line with the improved economic outlook, the 2014/15 budget includes a reduction in one-off measures of about 1.9 percent of GDP.
People's Republic of China
Author: David BurtonPeople’s Republic of China—Hong Kong Special Administrative Region
Author: International Monetary FundPublisher: International Monetary Fund
ISBN: 1451816960
Category : Business & Economics
Languages : en
Pages : 33
Book Description
This 2006 Article IV Consultation highlights that Hong Kong Special Administrative Region has recovered strongly from a series of shocks in recent years and, as expected, the pace of growth is now moderating. Growth was 6.8 percent (year over year) in the first three quarters of 2006, somewhat slower than the 7.3 percent recorded in 2005. Inflation is expected to firm modestly with the tightening labor market and as rents adjust to previous increases in property prices. The current account surplus is expected to narrow with maturing external demand.
People’s Republic of China—Hong Kong Special Administrative Region: 2022 Article IV Consultation Discussions-Press Release; and Staff Report
Author: International MonetaryPublisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 81
Book Description
Hong Kong SAR’s economy is recovering strongly as ample policy space has allowed the enaction of swift and bold policy responses to address the unprecedented crisis emanating from multiple shocks, including notably the pandemic. But the recovery remains uneven, with private consumption lagging, owing, in part, to a zero- COVID tolerance approach. The financial sector has remained resilient supported by significant buffers, strong institutional frameworks, and a well-functioning Linked Exchange Rate System (LERS). Increasing financial linkages with Mainland China bring both opportunities and challenges for growth and financial stability.
Author: Mahmood Pradhan