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Hong Kong Economy Book
New Page 1 The prolonged post-Asian Financial Crisis economic recession in Hong Kong requires new analysis. By looking at the economic performance since the 1980s, this book focuses on analysing the macroeconomic intricacies facing the Hong Kong economy. The economic boom in the pre-Asian Financial Crisis years has also given rise to various structural imbalances that could not sustain the economy after the burst of the bubble. The large producer services sector could arguably be the basis of imbalance. The short-term investment behaviour exhibited in the pre-1997 years has not fully adjusted. Demand-driven solutions can provide short-term rescue and recovery, while economic restructuring requires supply-driven solutions. There is still … read more...
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