||2 of 2 people found the following review helpful.| A solid analysis on the Asian financial crisis in Hong Kong|By Ray|The publication of a book on the financial crisis in Hong Kong by Y.C. Jao from the University of Hong Kong is most timely. Jao is no stranger to anyone who has studied the banking and financial system in Hong Kong. There is no lack of analysis on the Asian financial crisis. However, this is the first book-leng||"A great deal has been written about the nature and causes of the recent Asian financial crisis (AFC). However, there are few good case studies on how individual Asian economies had suffered during the crisis. Jao's book clearly fills one of these gaps...the
Victim, not instigator of the Asian Financial Crisis, Hong Kong was the only economy that succeeded in defending its fully convertible currency, indeed its entire financial system, against speculators, but the price it paid for success has been deep recession. Jao gives an objective, even-handed account and analysis. Without political or ideological preconsiderations he shows how Hong Kong authorities handled their intervention in the equity market in August 1998. Ex...
[PDF.ca43] The Asian Financial Crisis and the Ordeal of Hong Kong Rating: 4.69 (431 Votes)
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You can specify the type of files you want, for your device.The Asian Financial Crisis and the Ordeal of Hong Kong | Y. C. Jao. I really enjoyed this book and have already told so many people about it!