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This text opens with a discussion of the nature, causes and consequences of the Asian Financial Crisis (AFC). It examines the impact the AFC had as well as offers answers for the questions: why was the economic downturn so severe and why was the territory initially a laggard in economic recovery?

Finance-- China-- Hong Kong. --- Finance --- Business & Economics --- Financial Management & Planning --- -Financial crises --- -330.95125 --- Crashes, Financial --- Crises, Financial --- Financial crashes --- Financial panics --- Panics (Finance) --- Stock exchange crashes --- Stock market panics --- Crises --- Business cycles --- Funding --- Funds --- Economics --- Currency question --- Financial crises

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China --- Hong Kong (China) --- Foreign relations --- Politics and government.

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Foreign trade. International trade --- China --- S10/0680 --- Free ports and zones --- -#SML: Joseph Spae --- Foreign trade zones --- Free harbors --- Free trade zones --- Free zones --- Zones, Free trade --- Free trade --- Harbors --- China: Economics, industry and commerce--Special Economic Zones and Development Zones --- #SML: Joseph Spae

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Hong Kong's reunification with China on July 1, 1997 after 156 years of British rule was a historic event of worldwide significance. While the transition to Chinese sovereignty has so far been smoother than expected, there are lingering doubts concerning three interrelated issues: whether the Hong Kong dollar can continue to exist, whether the linked exchange rate can survive and whether Hong Kong can retain its role as an international financial centre. These issues are analyzed and discussed objectively in the first article of this book.The second article confines itself to the workings of t

Currency boards --- Finance --- Monetary policy --- Money

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Hong-Kong. Politique. --- Hong Kong. Politiek.