TY - BOOK ID - 133501370 TI - People’s Republic of China—Hong Kong Special Administrative Region: 2022 Article IV Consultation Discussions-Press Release; and Staff Report. PY - 2022 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Money and Monetary Policy KW - International Economics KW - Real Estate KW - Infrastructure KW - Statistics KW - Finance: General KW - Macroeconomics KW - Monetary Policy KW - International Agreements and Observance KW - International Organizations KW - Housing Supply and Markets KW - Economic Development: Urban, Rural, Regional, and Transportation Analysis KW - Housing KW - Data Collection and Data Estimation Methodology KW - Computer Programs: Other KW - General Financial Markets: Government Policy and Regulation KW - Business Fluctuations KW - Cycles KW - Monetary economics KW - International institutions KW - Property & real estate KW - Econometrics & economic statistics KW - Finance KW - Economic growth KW - Monetary policy KW - International organization KW - Housing prices KW - Prices KW - National accounts KW - Economic recovery KW - Financial sector stability KW - Financial sector policy and analysis KW - External sector statistics KW - Economic and financial statistics KW - International agencies KW - Saving and investment KW - Financial services industry KW - Business cycles KW - Economic statistics KW - Hong Kong Special Administrative Region, People's Republic of China UR - https://www.unicat.be/uniCat?func=search&query=sysid:133501370 AB - Hong Kong SAR’s economy is recovering strongly as ample policy space has allowed the enaction of swift and bold policy responses to address the unprecedented crisis emanating from multiple shocks, including notably the pandemic. But the recovery remains uneven, with private consumption lagging, owing, in part, to a zero- COVID tolerance approach. The financial sector has remained resilient supported by significant buffers, strong institutional frameworks, and a well-functioning Linked Exchange Rate System (LERS). Increasing financial linkages with Mainland China bring both opportunities and challenges for growth and financial stability. ER -