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The Role of Banking Institutions in a Transitional Economy

In: Banking and Currency in Hong Kong

Author

Listed:
  • Y. C. Jao

    (University of Hong kong)

Abstract

The present book is primarily a study of the structure and growth of the banking sector in Hong Kong, and its contribution to overall economic development during the postwar period ending 1972. Commercial banking is treated within the broader context of financial markets and institutions, in line with the contemporary trend in monetary economics. Within this framework the currency system and the determination of money supply are also studied in detail. In the absence of central banking, however, the present study is confined to the private financial sector.

Suggested Citation

  • Y. C. Jao, 1974. "The Role of Banking Institutions in a Transitional Economy," Palgrave Macmillan Books, in: Banking and Currency in Hong Kong, chapter 1, pages 3-11, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-02199-4_1
    DOI: 10.1007/978-1-349-02199-4_1
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