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Hong Kong's currency board system - Cost and Benefits

ByAndreas Loew

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This essay analyses the strengths and weaknesses of Hong Kong's currency board, which was introduced in 1983 after the HK dollar failed to provide the economy with a stable exchange rate. The essay first analyses the background before the introduction of the currency board, then gives details on the mechanism that fixes the exchange rate to the US dollar and evaluates it. The evaluation is backed up with several examples of advantages and disadvantages for Hong Kong's economy.

Details

Publication Date
May 31, 2008
Language
English
Category
Business & Economics
Copyright
All Rights Reserved - Standard Copyright License
Contributors
By (author): Andreas Loew

Specifications

Pages
12
Binding
Saddle Stitch
Interior Color
Black & White
Dimensions
A4 (8.27 x 11.69 in / 210 x 297 mm)

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