Hong Kong SAR Monetary and Exchange Rate Challenges: Historical Perspectives (Palgrave Macmillan Studies in Banking and Financial Institutions)

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9780230209466: Hong Kong SAR Monetary and Exchange Rate Challenges: Historical Perspectives (Palgrave Macmillan Studies in Banking and Financial Institutions)

Hong Kong SAR is now highly unusual as a large economy running a currency board system that pegs the Hong Kong Dollar to the US Dollar. This volume explores the origins and persistence of this system, presenting the viewpoint of several of the main protagonists in the operation of the currency board since 1983 as well as new research by academics.

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About the Author:

CATHERINE R. SCHENK FRHS, AcSS is Professor of International Economic History at the University of Glasgow, UK. She has published widely on Hong Kong's banking and monetary history and is the author of Hong Kong as an International Financial Centre (Routledge, 2001). She was Research Fellow at the HKIMR in 2005 and 2008.

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'...invaluable...highly recommended.' - The Journal of Financial History Review

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