Intervention to save hong kong: the authorities' counter-speculation in financial markets
Auteur :
Goodhart, Prof Charles / Dai, Dr Lu
Éditeur :
Oxford University Press
ISBN :
9780199261109
Date de publication :
29 mai 2003
Dimensions :
24,1 x 16,2 x 1,6 cm
Poids :
459 g
Langue :
Anglais
Pays d'origine :
Grande Bretagne
By August 1998, it was clear that the Hong Kong economy was under threat, both from the natural consequences of the Asian crisis (1997/8)and by waves of speculation. This text discusses the measures taken by the authorities, who decided on a bold, unexpected and unconventional response.