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Government without Statistics: Policy-making in Hong Kong 1925-85, with special reference to Economic and Financial Management

  • Leo F. Goodstadt

    (Trinity College, University of Dublin)

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    Until the 1970s, Hong Kong¡¦s Government collected as few statistics as possible, a policy only partially explained by its commitment to laisser faire. Statistics were seen as threatening its freedom from London¡¦s control and its ability to limit political debate locally. Using unpublished material from the Hong Kong Public Records Office, this paper reviews statistical issues of major importance in Hong Kong¡¦s transition to an industrial economy and its emergence as a financial centre. It demonstrates how the quality of statistics affected the management of financial markets and banking crises, and identifies the wider costs of the shortage of comprehensive statistics.

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    Paper provided by Hong Kong Institute for Monetary Research in its series Working Papers with number 062006.

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    Length: 28 pages
    Date of creation: Apr 2006
    Date of revision:
    Handle: RePEc:hkm:wpaper:062006
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