Hong Kong and Singapore: A Financial Profile

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

Chapter 5 in Banking and Currency in Hong Kong, 1974, pp 102-132 from Palgrave Macmillan

Abstract: Abstract It is a familiar observation in economics that case studies of particular countries can often be enriched by making comparative references to others more or less at a similar stage of development. In the case of our present study, additional insights can be gained into the salient features of Hong Kong’s banking sector, its strengths and weaknesses, by discussing them within a wider framework of reference. For obvious reasons an exhaustive comparative study of banking systems, involving Hong Kong and other countries, is not a feasible proposition. Instead, this chapter will be devoted to a banking profile of two countries only: Hong Kong and Singapore.

Keywords: Central Bank; Commercial Bank; Money Supply; Institutional Framework; Monetary Authority (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_5

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DOI: 10.1007/978-1-349-02199-4_5

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