Hong Kong's Banking System in Transition PDF Download

Author: Y. C. Jao
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 272

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Author: Robert Ash
Publisher: Routledge
ISBN: 1134423896
Category : History
Languages : en
Pages : 245

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Book Description
This book offers a perspective on the constitutional and administrative experiment that has been taking place in Hong Kong, based on a substantial period under Chinese rule.

Author: Alexander Fleming
Publisher: World Bank Publications
ISBN: 9780821348147
Category : Business & Economics
Languages : en
Pages : 302

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Book Description
This book contains 21 papers focusing on a wide range of issues concerning financial sector transition in the countries of Europe and Central Asia (ECA). It places the transition economies in the context of recent and prospective developments in global financial markets. This book also evaluates the experience of the last 10 years and reviews the progress from a command financial system to a market-based one, identifying some of the key characteristics of the financial transition.

Author: Y. C. Jao
Publisher: Bloomsbury Publishing USA
ISBN: 0313000751
Category : Business & Economics
Languages : en
Pages : 245

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Book Description
Victim, not instigator of the Asian Financial Crisis, Hong Kong was the only economy that succeeded in defending its fully convertible currency, indeed its entire financial system, against speculators, but the price it paid for success has been deep recession. Jao gives an objective, even-handed account and analysis. Without political or ideological preconsiderations he shows how Hong Kong authorities handled their intervention in the equity market in August 1998. Explaining the conventional wisdom that no fixed exchange rate regime can hold out for long against massive speculation. He goes further to show that Hong Kong contributed not only to the eventual easing of the AFC, but to economic stability throughout Asia as well. Jao opens with a discussion of the nature, causes, and consequences of the AFC. After an overview of Hong Kong's economic and financial fundamentals on the eve of the crisis, he examines the impact it had up close. He examines the massive speculation against the Hong Kong dollar, explaining why speculators were defeated. The AFC's impact on the assets market are also explored. He also analyzes the impact on the financial sector and the real economy. Jao studies and answers two hard questions: why was the economic downturn so severe and why was the territory initially a laggard in economic recovery? He then takes up China's role, and presents an objective, balanced view of Hong Kong's money and finance under Chinese sovereignty, followed by a discussion of how China herself coped with the AFC. The book concludes with an in-depth discussion of the lessons the AFC has taught us and the author's reflections on post-AFC issues.

Author: Maximilian Hall
Publisher: Edward Elgar Publishing
ISBN: 1843765306
Category : Business & Economics
Languages : en
Pages : 320

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Book Description
Under growing pressure from within and outside their economies, countries around the world have embarked upon wide-ranging programmes of financial reform. This handbook provides country studies of contemporary developments in financial reform in a selection of both developed and developing countries from Western Europe, North America, South America, Asia and Australia. The outcome is an account of the contemporary world-wide attempt to refashion the way in which the financial services industry (and especially the banking sector) is regulated and supervised.

Author: Ian Scott
Publisher: University of Hawaii Press
ISBN: 9780824812690
Category : History
Languages : en
Pages : 506

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Book Description
Chinese parallel title on jacket romanized as: Hsiang-kang ti cheng chih pien hua chi cheng fu ho fa hsing chih wei chi. Bibliography: p. 449-467.

Author: Y. C. Jao
Publisher: World Scientific
ISBN: 9789810234812
Category : Business & Economics
Languages : en
Pages : 84

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Book Description
Prepared by the East Asian Institute, NUS, which promotes research on East Asian developments particularly the political, economic and social development of contemporary China (including Hong Kong and Taiwan), this series of research reports is intended for policy makers and readers who want to keep abreast of the latest developments in China.

Author: Yan-ki Ho
Publisher: Oxford University Press, USA
ISBN:
Category : Banks and banking
Languages : en
Pages : 440

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Author: Mr.Bernard Laurens
Publisher: International Monetary Fund
ISBN: 9781557755629
Category : Business & Economics
Languages : en
Pages : 108

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Book Description
In 1978, China embarked on a gradual but far-reaching reform of its economic system. This paper focuses on the achievements so far in reforming the financial sector, the legal framework for financial transactions, the payments system, and the monetary policy and foreign exchange system. It also analyzes the tasks ahead to achieve the goals set in these areas for the year 2000.

Author: Ho Yin-Ping
Publisher: Springer
ISBN: 1349110388
Category : Business & Economics
Languages : en
Pages : 315

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Book Description
Focusing on trade in manufactures, industrial restructuring and economic development and enforced by a rich source of data, this book offers an in-depth examination of the evolution and characteristics of Hong Kong's postwar economy. The book presents an historical and comparative perspective and analyses the symbiotic connection with South China in the light of China's open-door policy since late 1970s, as well providing a thoughtful assessment of its current turning point.