The Role of Banking Institutions in a Transitional Economy

Y. C. Jao
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Y. C. Jao: University of Hong kong

Chapter 1 in Banking and Currency in Hong Kong, 1974, pp 3-11 from Palgrave Macmillan

Abstract: Abstract The present book is primarily a study of the structure and growth of the banking sector in Hong Kong, and its contribution to overall economic development during the postwar period ending 1972. Commercial banking is treated within the broader context of financial markets and institutions, in line with the contemporary trend in monetary economics. Within this framework the currency system and the determination of money supply are also studied in detail. In the absence of central banking, however, the present study is confined to the private financial sector.

Keywords: Financial Institution; Money Supply; Banking Sector; Financial Asset; Capital Formation (search for similar items in EconPapers)
Date: 1974
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-02199-4_1

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DOI: 10.1007/978-1-349-02199-4_1

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