| Journal Call no. | HG1302.Q37 |
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| Article Title | Monetary and exchange rate management with international : the case of Hong Kong. |
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| Is Part Of | Quarterly bulletin / Hong Kong Monetary Authority ; no.2, Feb 1995, p.1-9, illus. |
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| Abstract | As a small open economy with no capital controls, Hong Kong is potentially vulnerable to destablising capital flows. Its monetary policy has been directed towards maintaining a linked exchange rate which has resulted in rapid monetary growth at times. While this has meant that the burden of internal adjustment has been borne by other policies, the flexibility of the economy has meant that domestic economic performance has been favourable. |
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