A sustainable currency regime for Hong Kong and the mainland

Document Type

Book chapter

Source Publication

China, Hong Kong and the world economy: Studies on globalization

Publication Date

1-1-2006

First Page

101

Last Page

118

Publisher

Palgrave Macmillan

Abstract

Joseph Stiglitz observed during a recent public lecture in Hong Kong that the world is badly in need of a new reserve asset. This chapter follows up this idea and argues that China is in a unique position to contribute to the world by coming up with a new exchange rate arrangement involving just such a new reserve asset.

Publisher Statement

Copyright @ contributors 2006. Access to external full text or publisher's version may require subscription.

Additional Information

ISBN of the source publication: 9781403987426

Language

English

Recommended Citation

Ho, L. S. (2006). A sustainable currency regime for Hong Kong and the mainland. In L. S. Ho & R. Ash (Eds.), China, Hong Kong and the world economy: Studies on globalization (pp. 101-118). New York: Palgrave Macmillan.

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