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Hong Kong's monetary control system
- Date Issued:
- 1990
- Summary:
- This thesis is a study of the monetary control system in Hong Kong. One unique feature of that system is that it is without a central bank. Most economists have supposed that a monetary system without a central bank will be subject to price instability and inflation. The Hong Kong situation suggests that this need not be the case. Hong Kong's unique combination of bank and government controlled monetary practice provides an alternative way to accomplish the kind of monetary control that is found in economies with a central bank, like that in the United States. However, Hong Kong's monetary system is not without certain problems which could be remedied by corrective legislation but will in all probability be fundamentally changed after 1997 when Hong Kong passes into the control of China.
Title: | Hong Kong's monetary control system. |
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Name(s): |
Tang, Stanley C. Florida Atlantic University, Degree grantor Hung, Chao-shun, Thesis advisor College of Business Department of Economics |
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Type of Resource: | text | |
Genre: | Electronic Thesis Or Dissertation | |
Issuance: | monographic | |
Date Issued: | 1990 | |
Publisher: | Florida Atlantic University | |
Place of Publication: | Boca Raton, Fla. | |
Physical Form: | application/pdf | |
Extent: | 78 p. | |
Language(s): | English | |
Summary: | This thesis is a study of the monetary control system in Hong Kong. One unique feature of that system is that it is without a central bank. Most economists have supposed that a monetary system without a central bank will be subject to price instability and inflation. The Hong Kong situation suggests that this need not be the case. Hong Kong's unique combination of bank and government controlled monetary practice provides an alternative way to accomplish the kind of monetary control that is found in economies with a central bank, like that in the United States. However, Hong Kong's monetary system is not without certain problems which could be remedied by corrective legislation but will in all probability be fundamentally changed after 1997 when Hong Kong passes into the control of China. | |
Identifier: | 14670 (digitool), FADT14670 (IID), fau:11462 (fedora) | |
Collection: | FAU Electronic Theses and Dissertations Collection | |
Note(s): |
College of Business Thesis (M.A.)--Florida Atlantic University, 1990. |
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Subject(s): |
Monetary policy--Hong Kong Money--Hong Kong |
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Held by: | Florida Atlantic University Libraries | |
Persistent Link to This Record: | http://purl.flvc.org/fcla/dt/14670 | |
Sublocation: | Digital Library | |
Use and Reproduction: | Copyright © is held by the author, with permission granted to Florida Atlantic University to digitize, archive and distribute this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder. | |
Use and Reproduction: | http://rightsstatements.org/vocab/InC/1.0/ | |
Host Institution: | FAU | |
Is Part of Series: | Florida Atlantic University Digital Library Collections. |