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Hong Kong, China
			: Growth, Structural Change, and Economic Stability During the Transition

Hong Kong, China : Growth, Structural Change, and Economic Stability During the Transition »

Series: Occasional Papers

Author(s): Dubravko Mihaljek , and John Dodsworth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 September 1997

DOI: http://dx.doi.org/10.5089/9781557756725.084

ISBN: 9781557756725

Keywords: banking, law, monetary authority, foreign exchange, banking system

This paper provides a detailed account of Hong Kong on the eve of its reintegration into China as a special administrative region. It analyzes recent economic development and provides a clear overview of Hong Kong'...

Fund's Concepts of Convertibility

Fund's Concepts of Convertibility »

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 January 1971

DOI: http://dx.doi.org/10.5089/9781451959154.054

ISBN: 9781451959154

Keywords: monetary authorities, exchange transactions, monetary fund, exchange rate, multiple currency practices

This paper examines the IMF's concepts of convertibility and gives some impression of their purposes. The central concept of convertibility in the Articles is the convertibility of Article VIII, Sections 2, 3, and...

DTS, or et Monnaies
			: Troisième exposé sur les changements intervenus dans le domaine juridique

DTS, or et Monnaies : Troisième exposé sur les changements intervenus dans le domaine juridique »

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 January 1980

Language: French

DOI: http://dx.doi.org/10.5089/9781451925913.054

ISBN: 9781451925913

Keywords: exchange rate, exchange rates, monetary system, monetary fund, central bank, european monetary system, exchange arrangements, international monetary system, court, exchange risks

...

Les concepts de convertibilite selon le Fonds

Les concepts de convertibilite selon le Fonds »

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 January 1972

Language: French

DOI: http://dx.doi.org/10.5089/9781451967340.054

ISBN: 9781451967340

Keywords: monetary authorities, exchange transactions, monetary fund, exchange rate, multiple currency practices, exchange rates, foreign exchange, exchange restrictions, monetary reserves, exchange rate regime

...

Le Deuxieme Amendement Aux Statuts du Fonds

Le Deuxieme Amendement Aux Statuts du Fonds »

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 January 1978

Language: French

DOI: http://dx.doi.org/10.5089/9781451926941.054

ISBN: 9781451926941

Keywords: exchange arrangements, international monetary system, monetary fund, voting, voting power, exchange rate, exchange rates, exchange rate policies, reserve tranche, freely usable currencies

...

Appendix I Estimates

Appendix I Estimates »

Source: Hong Kong, China : Growth, Structural Change, and Economic Stability During the Transition

Series: Occasional Papers

Author(s): Dubravko Mihaljek , and John Dodsworth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 September 1997

ISBN: 9781557756725

Keywords: banking, law, monetary authority, foreign exchange, banking system

This appendix describes the econometric estimates of the consumption function and the export supply and import demand functions discussed in Section III....

I. Introduction and Overview

I. Introduction and Overview »

Source: Hong Kong, China : Growth, Structural Change, and Economic Stability During the Transition

Series: Occasional Papers

Author(s): Dubravko Mihaljek , and John Dodsworth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 September 1997

ISBN: 9781557756725

Keywords: banking, law, monetary authority, foreign exchange, banking system

As Hong Kong, China, enters a new stage of development with the return to Chinese sovereignty, it can take confidence from its long-term evolution and its resilience to adverse developments over the past hal...

II. Growth, Structural Change, and Economic Integration

II. Growth, Structural Change, and Economic Integration »

Source: Hong Kong, China : Growth, Structural Change, and Economic Stability During the Transition

Series: Occasional Papers

Author(s): Dubravko Mihaljek , and John Dodsworth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 September 1997

ISBN: 9781557756725

Keywords: banking, law, monetary authority, foreign exchange, banking system

Hong Kong enters the new era in its history with an exceptionally strong record of economic performance. Since 1980, real GDP growth has averaged 6½ percent annually, while per capita GDP has increased fourf...

III. Adjustment in the Mid-1990s

III. Adjustment in the Mid-1990s »

Source: Hong Kong, China : Growth, Structural Change, and Economic Stability During the Transition

Series: Occasional Papers

Author(s): Dubravko Mihaljek , and John Dodsworth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 September 1997

ISBN: 9781557756725

Keywords: banking, law, monetary authority, foreign exchange, banking system

Hong Kong’s economy has shown a high degree of resilience over the past few years. The asset markets consolidated during 1994–95 and subsequently recovered in 1996, while the external sector responded to swi...

IV. Macroeconomic Policy Framework

IV. Macroeconomic Policy Framework »

Source: Hong Kong, China : Growth, Structural Change, and Economic Stability During the Transition

Series: Occasional Papers

Author(s): Dubravko Mihaljek , and John Dodsworth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 September 1997

ISBN: 9781557756725

Keywords: banking, law, monetary authority, foreign exchange, banking system

Since its settlement as an economic entity in 1842, the basic approach of the Hong Kong government has been to foster trade, industry, and commerce, and to leave legitimate business to operate at a profit wi...