HONG KONG‘S LINK TO THE US DOLLAR
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ISBN：
9789622098909
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定價：
HK$ 350.00
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作者：
John Greenwood
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語言：
英語
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出版社：
Hong Kong University Press
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分類：
金融與商務
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出版日期：
2007-11-01
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發行日期：
2007-12-03
• A timely publication while continuation of Hong Kong's currency peg to the US dollar is a hot topic in the city.
• For the first time, an insider's view of the Hong Kong currency crisis of 1983.
• Describes the events which led to Hong Kong's successful experiment with such a unique monetary system.
• Offers privileged insights, enabling readers to obtain a comprehensive picture of why the linked rate system was put in place, how it works, and how it has been strengthened over the years.
• With clear and concise tables and analytical diagrams, this book is essential reading for economists, financial market analysts, and students and teachers of economics.
John Greenwood OBE is Chief Economist of INVESCO plc. He is a director of INVESCO Asia Ltd in Hong Kong, INVESCO Asset Management Singapore Ltd, and the Hong Kong Association in London.
“A magisterial treatment of how Hong Kong lost and re-established stable money by the principal intellectual architect of its currency board regime. Greenwood, a monetary master craftsman, has produced what is destined to become both the standard reference work on Hong Kong's modern monetary system and essential reading for students of monetary economics and economic development.”
— Steve H. Hanke, Professor of Applied Economics, The Johns Hopkins University
“A great book describing how Hong Kong surmounted the great currency crisis of 1982–83, and then rationalizes why and how the Hong Kong Monetary Authority subsequently evolved from a pure currency board to a near central bank. The definitive historical record by the most consummately influential outsider.”
— Ronald I. McKinnon, William D. Eberle Professor of International Economics, Stanford University
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