Journal Call no. | HG1302.Q37 |
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Author | Sheng, Andrew. |
Article Title | The importance of the link to Hong Kong's financial stability. |
Is Part Of | Quarterly bulletin / Hong Kong Monetary Authority ; no.2, Feb 1995, p.26-29. |
Abstract | Since adopting the link to the US dollar and the modified currency board system, Hong Kong has had rapid growth and low unemployment. The economy has adjusted to the link, which has provided a clear and credible nominal anchor. The Chinese, British and Hong Kong authorities all support the arrangement. |