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Hong Kong, China: Growth, Structural Change, and Economic Stability During the Transition

Author

Listed:
  • Mr. Dubravko Mihaljek
  • Mr. John R Dodsworth

Abstract

This paper provides a detailed account of Hong Kong on the eve of its reintegration into China as a special administrative region. It analyzes recent economic development and provides a clear overview of Hong Kong's economic, financial, institutional, and political circumstances, as well a brief look at its history over the last hundred years. It suggests the changes the economy will undergo in the transition process and what it can expect in the future.

Suggested Citation

  • Mr. Dubravko Mihaljek & Mr. John R Dodsworth, 1997. "Hong Kong, China: Growth, Structural Change, and Economic Stability During the Transition," IMF Occasional Papers 1997/004, International Monetary Fund.
    • Handle: RePEc:imf:imfops:1997/004
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    Citations

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    Cited by:

    1. Kam-Ki Tang, 2001. "The role of entrepOt trade in the choice of a nominal anchor for Hong Kong," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 11(2), pages 189-206.
    2. Akhand Akhtar Hossain, 2009. "Central Banking and Monetary Policy in the Asia-Pacific," Books, Edward Elgar Publishing, number 12777.
    3. Li-gang Liu & Laurent Pauwels & Andrew Tsang, 2007. "How Large is the Wealth Effect on Hong Kong¡¦s Consumption? Evidence from a Habit Formation Model of Consumption," Working Papers 0720, Hong Kong Monetary Authority.
    4. von Furstenberg, George M., 2001. "Pressures for currency consolidation in insurance and finance: Are the currencies of financially small countries on the endangered list?," Journal of Policy Modeling, Elsevier, vol. 23(3), pages 321-331, April.
    5. Hiroyuki IMAI, 2010. "Hong Kong'S Inflation And Deflation Under The Us Dollar Peg: The Balassa‐Samuelson Effect Or Export Price Shocks?," The Developing Economies, Institute of Developing Economies, vol. 48(3), pages 319-344, September.
    6. Xinhua He, 2007. "An Evaluation of the Intermediation Role of Hong Kong in Chinese Foreign Trade," Working Papers 152007, Hong Kong Institute for Monetary Research.
    7. George M. Von Furstenberg, 2002. "One Region, One Money?," The ANNALS of the American Academy of Political and Social Science, , vol. 579(1), pages 106-122, January.
    8. Li, Kui-Wai, 2005. "The economic strategy for the Hong Kong SAR: Evidence from productivity and cost analysis," Journal of Asian Economics, Elsevier, vol. 16(4), pages 737-754, August.
    9. Li-gang Liu & Laurent Pauwels & Andrew Tsang, 2007. "Hong Kong's Consumption Function Revisited," Working Papers 0716, Hong Kong Monetary Authority.
    10. repec:ehu:dfaeii:6462 is not listed on IDEAS
    11. Akhand Akhtar Hossain, 2015. "The Evolution of Central Banking and Monetary Policy in the Asia-Pacific," Books, Edward Elgar Publishing, number 14611.
    12. Chi‐Keung Lau & Kin‐Man To & Zhiming Zhang & Jing Chen, 2009. "Determinants of Competitiveness: Observations in China's Textile and Apparel Industries," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 17(2), pages 45-64, March.

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