This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

The Price of Virtue: 25 Years of the Currency Board in Hong Kong

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
David Khoudour-Casteras

Additional information is available for the following registered author(s):

Abstract

Adopted in October 1983, the currency board has allowed Hong Kong to face the economic storms and to maintain the markets' confidence in one of the world's main financial centres. However, exchange rate stability has not been achieved without hitches. The adjustment costs related to this system are high, like they were during the Asian crisis of 1997, and the economic performance of Hong Kong tends to be lower than that of its neighbours. In a context of international financial instability and growing integration to an increasingly more open Chinese economy, what is the assessment of the 25 years of operation of this regime and what are the prospects?

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.cepii.fr/anglaisgraph/publications/lettre/summary/2008/let280ang.htm
File Format: application/pdf
File Function:
Download Restriction: no

Publisher Info
Article provided by CEPII research center in its journal La Lettre du CEPII.

Volume (Year): (2008)
Issue (Month): 280 (July-August)
Pages:
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:cii:cepill:2008-280

Contact details of provider:
Postal: 9 rue Georges Pitard, 75740 Paris Cedex 15
Phone: 33 01 53 68 55 00
Fax: 33 01 53 68 55 01
Web page: http://www.cepii.fr
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: ().

Related research
Keywords: Hongkong; exchange rate regime; currency board;

Find related papers by JEL classification:
E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

Statistics
Access and download statistics

Did you know? You can create a compilation of all publications of a group of people, say alumni of a program, your students or memers of an association.

This page was last updated on 2009-11-22.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.