People's Republic of China-Hong Kong Special Administrative Region : 2009 Article IV Consultation-Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion.

This 2009 Article IV Consultation highlights that Hong Kong Special Administrative Region's economy was severely affected by the global financial crisis. The recovery is now under way, fueled by growth on the Mainland, supportive policies, and accommodative monetary conditions imported from the...

Szczegółowa specyfikacja

Opis bibliograficzny
Korporacja: International Monetary Fund
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2009.
Seria:IMF Staff Country Reports; Country Report ; No. 2009/321
Dostęp online:Full text available on IMF
Opis
Streszczenie:This 2009 Article IV Consultation highlights that Hong Kong Special Administrative Region's economy was severely affected by the global financial crisis. The recovery is now under way, fueled by growth on the Mainland, supportive policies, and accommodative monetary conditions imported from the United States. Despite the steepness of the downturn in early 2009, job losses have been relatively modest and unemployment now stands at 5.2 percent. Executive Directors have welcomed the robustness of the Hong Kong banking system, the result of banks' careful risk management, and the authorities' vigilant, prudent regulation and enforcement.
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Opis fizyczny:1 online resource (37 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Ograniczenie dostępu:Electronic access restricted to authorized BRAC University faculty, staff and students