Why Hong Kong Mitigated the Worst Impact of the 1997 Asian Financial Crisis?
Ruoxi Zhang (2019) Why Hong Kong Mitigated the Worst Impact of the 1997 Asian Financial Crisis?: pp. 93-122.
Chapter 4. A Disclosure Analysis of Hong Kong during the 1997 Asian Financial Crisis: Interviews with Academics and Officials
The following sections are included:
  • 4.1. Introduction
    • 4.1.1. Background
    • 4.1.2. Aims of the Study Interviews
  • 4.2. Methodology
    • 4.2.1. Research Design
    • 4.2.2. Data Collection
    • 4.2.3. Participants
    • 4.2.4. Methods to Analyse Data
  • 4.3. Analysis of Interviews
    • 4.3.1. Evaluation of the HKMA
    • 4.3.2. Hong Kong’s Linked Exchange Rate Regime
    • 4.3.3. Economic Integration with Mainland China
    • 4.3.4. Application of Mundell-Fleming Model
    • 4.3.5. Official Pronouncements
    • 4.3.6. HIBOR and the Discount Window
    • 4.3.7. Positive Non-Interventionism
    • 4.3.8. Lessons from the Crisis
  • 4.4. Conclusions and Implications
    • 4.4.1. Summary of Findings
    • 4.4.2. Policy Implications
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