Banking And Currency In Hong Kong

Download or read book Hong Kong's Money written by Tony Latter and published by Hong Kong University Press. This book was released on 2007-08-01 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1983 Hong Kong has pegged its currency to the US dollar through a currency board system that is unique among the world's advanced economies. In this first comprehensive book about Hong Kong's monetary system, Tony Latter draws on his considerable experience in central banking generally, and with the Hong Kong Monetary Authority in particular, to give a detailed account of how the system operates; why it was introduced; what are the important differences from other monetary regimes; and how it has performed. After a brief overview of Hong Kong's currency board system, two chapters explain the key features of mainstream monetary policy as practised in most economies and how the currency board differs. Then three chapters deal with the history of money in Hong Kong from the mid-1930s, describing the salient events and changes of the period up to the 1983 crisis and the consequent re-adoption of the currency board. Descriptions of the functioning of the system after 1983 and its evolution to the present day then follow. The book concludes with assessments of the performance of the currency board since 1983 and of the Hong Kong economy more widely. This book is designed both to inform lay readers and to provide substance for monetary economists. Given the key role of monetary policy in providing a stable foundation for a strong economy, the book is of importance for all business people in Hong Kong, while the more analytical sections provide essential reading for all students of economics.

Download or read book Banking and Currency in Hong Kong written by Y. C. Jao and published by Springer. This book was released on 1974-06-18 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Money and Finance in Hong Kong written by Y. C. Jao and published by World Scientific. This book was released on 1998 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Hong Kong as an International Financial Centre written by Dr Catherine Schenk and published by Routledge. This book was released on 2001-03-15 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on previously unpublished archival records, this book makes a significant contribution to our understanding of the development of Hong Kong as one of the worlds premier international financial centres.

Download or read book Asian Godfathers written by Joe Studwell and published by Profile Books. This book was released on 2010-09-03 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: 40 or 50 families control the economies of Hong Kong, Singapore, Thailand, the Philippines and Indonesia. Their interests range from banking to property, from shipping to sugar, from vice to gambling. 13 of the 50 richest families in the world are in South East Asia yet they are largely unknown outside confined business circles. Often this is because they control the press and television as well as everything else. How do they do it? What are their secrets? And is it good news or bad for the places where they operate? Joe Studwell explosively lifts the lid on a world of staggering secrecy and shows that the little most people know is almost entirely wrong.

Download or read book Principles of Hong Kong Banking Law written by Mark W. H. Hsiao and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: -Illustrates the uniqueness of the Hong Kong banking supervisory and regulatory system;-Demystifies Hong Kong Money Authorities' monetary power in market stabilisation under the Basic Law;-Explains Hong Kong's Clearing system functions for the RMB offshore clearing hub; and-Examines and explains the changes and/or impact of the Chinese Policy on Hong Kong's common law and conflicts (sovereign immunity) concerning the issues of litigating in Hong Kong Courts.

Download or read book Law and Practice of Banking Services in Hong Kong written by Sai Hong Ko and published by . This book was released on 1998 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with topics that bankers must know and lawyers should know. Many examples and common law cases are cited to illustrate the banking law and practice in Hong Kong on banking operations, securities, negotiable instruments, bank-customer relationship, bankruptcy, and corporate insolvency.