Profits, Politics and Panics: Hong Kong's Banks and the Making of a Miracle Economy, 1935-1985

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Publisher :
ISBN 13 : 9781282709300
Total Pages : pages
Book Rating : 4.7/5 (93 download)

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Book Synopsis Profits, Politics and Panics: Hong Kong's Banks and the Making of a Miracle Economy, 1935-1985 by : Leo F. Goodstadt

Download or read book Profits, Politics and Panics: Hong Kong's Banks and the Making of a Miracle Economy, 1935-1985 written by Leo F. Goodstadt and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Profits, Politics and Panics

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Publisher : Hong Kong University Press
ISBN 13 : 9789622098961
Total Pages : 340 pages
Book Rating : 4.0/5 (989 download)

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Book Synopsis Profits, Politics and Panics by : Leo Goodstadt

Download or read book Profits, Politics and Panics written by Leo Goodstadt and published by Hong Kong University Press. This book was released on 2007-10-01 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Goodstadt brilliantly weaves a tapestry that resolves major puzzles about Hong Kong's growth as an international financial centre during this pivotal fifty-year period. This is a devastating expose of the consequences of the British colonial government's failure to effectively regulate banking and manage monetary policy."--David Meyer, Washington University. St. LouisLeo F. Goodstadt is adjunct professor in the School of Business Studies at Trinity Colletge, University of Dublin. He was formerly deputy editor of the Far Eastern Economic Review.

Economic Freedom

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Publisher : World Scientific Publishing Company
ISBN 13 : 9814434574
Total Pages : 804 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Economic Freedom by : Kui-Wai Li

Download or read book Economic Freedom written by Kui-Wai Li and published by World Scientific Publishing Company. This book was released on 2012-07-03 with total page 804 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hong Kong has been one of the fastest growing East Asian economies since the end of the Second World War. The adoption and practice of economic freedom have been major pillars in its economic success. Indeed, the experience of Hong Kong has served as a reference for other emerging economies in the region. The scope of the book elaborates the context and ingredients of economic freedom that have brought success and prosperity to Hong Kong. With sovereignty reversion to China in 1997, it is even more relevant to see how economic freedom is shaping and adapting to the new environment. There exist a number of economic indices based on economic freedom. Hong Kong has been ranked as the freest economy in the world for a number of consecutive years. While the economic freedom indices compare the performance of a large number of word economies, there is a lack of economic literature that studies the absolute level of economic freedom of a single economy. This book boldly serves the purpose of elaborating on the absolute performance of economic freedom in the world's freest economy. It is, therefore, the first of its kind and unique in its field. Numerous areas of studies related to economic freedom are examined, studied and elaborated so that readers can have a full and comprehensive understanding of the content of economic freedom in Hong Kong. The Instructor's Manual and Study Guide is available upon request for all instructors who adopt this book as a course text. Please send your request to [email protected].

Hong Kong SAR Monetary and Exchange Rate Challenges

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Publisher : Springer
ISBN 13 : 0230594743
Total Pages : 201 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis Hong Kong SAR Monetary and Exchange Rate Challenges by : C. Schenk

Download or read book Hong Kong SAR Monetary and Exchange Rate Challenges written by C. Schenk and published by Springer. This book was released on 2008-11-28 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hong Kong SAR is now highly unusual as a large economy running a currency board system that pegs the Hong Kong Dollar to the US Dollar. This volume explores the origins and persistence of this system, presenting the viewpoint of several of the main protagonists in the operation of the currency board since 1983 as well as new research by academics.

French Banking and Entrepreneurialism in China and Hong Kong

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Publisher : Routledge
ISBN 13 : 0429560095
Total Pages : 225 pages
Book Rating : 4.4/5 (295 download)

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Book Synopsis French Banking and Entrepreneurialism in China and Hong Kong by : Hubert Bonin

Download or read book French Banking and Entrepreneurialism in China and Hong Kong written by Hubert Bonin and published by Routledge. This book was released on 2019-06-07 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many books have addressed the economic and financial history of Hong Kong, and the imperialist conflicts in the key Chinese port-cities but very few books have explored French initiatives and performance in this area, beyond diplomacy, geopolitics or cultural issues. In this book, Hubert Bonin confronts arguments about "the great divergence", "the first globalisation", and forms of "economic patriotism". He gauges the competitive edge of French companies and banks, their struggle with British domination (HBSC, Chartered, shipping, trade houses/hongs) and their resistance against competitors from other countries (Japan, Germany, Netherlands, Belgium, USA, or Russia). The book delves into studies of management abroad, therefore mixing broad geo-economic issues with precise business history and deep banking history. The connections between French interests in China and Hong Kong and the colony of Indochina are established too. A second part of the book is dedicated to the case study of Hong Kong, as the British colony acted as a hub for Asian and European interests at the heart of connections with mainland China and some neighbouring territories (Indochina, etc.). This is essential reading for academics interested in banking and business history, the history of entrepreneurship, as well as, those involved in the contemporary history of China and Hong Kong, in the assessment of world-wide geo-economic competition between European powers in Asia (Great-Britain, and France), and in the first stages of economic "modernity", along European models, in emerging modern China.

The Banking Crisis Handbook

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Publisher : CRC Press
ISBN 13 : 1439818541
Total Pages : 630 pages
Book Rating : 4.4/5 (398 download)

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Book Synopsis The Banking Crisis Handbook by : Greg N Gregoriou

Download or read book The Banking Crisis Handbook written by Greg N Gregoriou and published by CRC Press. This book was released on 2009-12-01 with total page 630 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the Origin of the Recent Banking Crisis and how to Preclude Future CrisesShedding new light on the recent worldwide banking debacle, The Banking Crisis Handbook presents possible remedies as to what should have been done prior, during, and after the crisis. With contributions from well-known academics and professionals, the book contains e

Governors, Politics and the Colonial Office

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Publisher : Hong Kong University Press
ISBN 13 : 9888083945
Total Pages : 314 pages
Book Rating : 4.8/5 (88 download)

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Book Synopsis Governors, Politics and the Colonial Office by : Gavin Ure

Download or read book Governors, Politics and the Colonial Office written by Gavin Ure and published by Hong Kong University Press. This book was released on 2012-06-01 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book fleshes out the impact of political figures and how their actions, and inactions, affect various imperial or Hong Kong political and administrative affairs. The tendrils of Hong Kong's budding autonomy from the United Kingdom are identified and followed with attention paid to the various actors, including observing which actors fade in importance and which ones seize more of the stage.

Hong Kong in the Cold War

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Publisher : Hong Kong University Press
ISBN 13 : 9888208004
Total Pages : 268 pages
Book Rating : 4.8/5 (882 download)

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Book Synopsis Hong Kong in the Cold War by : Priscilla Roberts

Download or read book Hong Kong in the Cold War written by Priscilla Roberts and published by Hong Kong University Press. This book was released on 2016-08-01 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Cold War was a distinct and crucial period in Hong Kong's evolution and in its relations with China and the rest of the world. Hong Kong was a window through which the West could monitor what was happening in China and an outlet that China could use to keep in touch with the outside world. Exploring the many complexities of Cold War politics from a global and interdisciplinary perspective, Hong Kong in the Cold War shows how Hong Kong attained and honed a pragmatic tradition that bridged the abyss between such opposite ideas as capitalism and communism, thus maintaining a compromise between China and the rest of the world. The chapters are written by nine leading international scholars and address issues of diplomacy and politics, finance and economics, intelligence and propaganda, refugees and humanitarianism, tourism and popular culture, and their lasting impact on Hong Kong. Far from simply describing a historical period, these essays show that Hong Kong's unique Cold War experience may provide a viable blueprint for modern-day China to develop a similar model of good governance and may in fact hold the key to the successful implementation of the One Country Two Systems idea. “This is a timely collection of essays on the role of Hong Kong in a global context and its multifaceted relationship with mainland China. It is emerging at a particularly appropriate moment when the local community has been provoked to reflect on its common fate under the notion of ‘one country, two systems.’” —Ray Yep, City University of Hong Kong “Hong Kong, the ‘Berlin of the East,’ was transformed by the Cold War, an existential conflict between capitalism and communism. Consequently, this fine volume is a must-read for political, cultural, and economic historians of Hong Kong. International historians should also add this collection of essays and cutting-edge empirical studies to their reading lists: it will enrich their understandings of the Global Cold War.” —David Clayton, University of York

Repositioning the Hong Kong Government

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Publisher : Hong Kong University Press
ISBN 13 : 988808349X
Total Pages : 281 pages
Book Rating : 4.8/5 (88 download)

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Book Synopsis Repositioning the Hong Kong Government by : Stephen Wing Kai Chiu

Download or read book Repositioning the Hong Kong Government written by Stephen Wing Kai Chiu and published by Hong Kong University Press. This book was released on 2012-04-01 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relationship between government and society in Hong Kong has become an intensely debated topic as the complexities of governance grow and the old strategies of consensus building without genuine public participation fail to satisfy. Increasingly interventionist, yet lacking democratic credentials, the Hong Kong SAR government finds itself more and more limited in its capacity to implement policies and less able to rely on traditional allies. A society dissatisfied with old forms of governance has become ever more ready to mobilize itself outside of the formal political structures. This collection of studies by leading scholars examines the Hong Kong government's efforts to reposition itself in the economy and society under the pressures of globalization, economic and political restructuring and the rise of the civil society. Drawing on changing theoretical conceptions of state, market and citizenship and on comparisons with other Asian economies,Repositioning the Hong Kong Governmentoffers new interpretations of the problems of governance in Hong Kong and puts forward positive suggestions for resolving them.

Capital Choices

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Publisher : University of Michigan Press
ISBN 13 : 0472038869
Total Pages : 225 pages
Book Rating : 4.4/5 (72 download)

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Book Synopsis Capital Choices by : Juergen Braunstein

Download or read book Capital Choices written by Juergen Braunstein and published by University of Michigan Press. This book was released on 2022-02 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demystifies the process of sovereign wealth fund creation and examines the policy and economic issues surrounding them, updated for a post-Covid world

Crossing Continents

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Publisher : Penguin UK
ISBN 13 : 0141993693
Total Pages : 944 pages
Book Rating : 4.1/5 (419 download)

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Book Synopsis Crossing Continents by : Duncan Campbell-Smith

Download or read book Crossing Continents written by Duncan Campbell-Smith and published by Penguin UK. This book was released on 2021-05-13 with total page 944 pages. Available in PDF, EPUB and Kindle. Book excerpt: For almost a hundred years from the 1860s, the City of London's overseas banks financed the global trade that lay at the core of the British Empire. Foremost among them from the beginning were two start-up ventures: the Standard Bank of South Africa, which soon developed a powerful domestic franchise at the Cape, and the Chartered Bank of India, Australia and China. This book traces their stories in the nineteenth century, their glory days before 1914 - and their remarkable survival in the face of global wars and the collapse of world trade in the first half of the twentieth century. The unravelling of the Empire after 1945 eventually forced Britain's overseas banks to confront a different future. The Standard and the Chartered, alarmed at the expansion of American banking, determined in 1969 on a merger as a way of sustaining the best of the City's overseas traditions. But from the start, Standard Chartered had to grapple with the fading fortunes of its own inherited franchise - badly dented in both Asia and Africa - and with radical changes in the nature of banking. Its British managers, steeped in the past, proved ill-suited to the challenge. By the late 1980s, efforts to expand in Europe and the USA had brought the merged Group to the brink of collapse. Yet it survived - and then pulled off a dramatic recovery. Standard Chartered realigned itself, just in time, with the phenomenal growth of Asia's 'emerging markets', many of them in countries where the Chartered had flourished a century earlier. In the process, the Group was transformed. Trebling its workforce, it brushed aside the global financial crisis of 2008 and by 2012 could look back on a decade of astonishing growth. Recent times have added an eventful postscript to a long and absorbing history. Crossing Continents recounts Standard Chartered's story with a wealth of detail from one of the richest archives available to any commercial bank. The book also affords a rare and compelling perspective on the evolution of international trade and finance, showing how Britain's commercial influence has actually worked in practice around the world over one hundred and fifty years.

The Lion Wakes

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Publisher : Profile Books
ISBN 13 : 1847658970
Total Pages : 1400 pages
Book Rating : 4.8/5 (476 download)

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Book Synopsis The Lion Wakes by : David Kynaston

Download or read book The Lion Wakes written by David Kynaston and published by Profile Books. This book was released on 2015-03-05 with total page 1400 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Lion Wakes tells the modern story of HSBC, starting in the late 1970s, when the bank first broke out of the Asia-Pacific region with its purchase of Marine Midland Bank in the US. It follows HSBC's battle to purchase Midland Bank in1992, the subsequent move of head office from Hong Kong to London, and the string of acquisitions that brought the bank to its pre-eminent place in global finance today. Acclaimed historians Richard Roberts and David Kynaston chronicle the bank's struggles as well as its successes: the last part of the book deals with the ill-fated move into consumer finance in the US, as well as the financial crisis of 2008 and its effect on HSBC. Impeccably researched and generously illustrated from the HSBC archives, this is a valuable addition to global financial history.

China, Hong Kong, and the Long 1970s: Global Perspectives

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Publisher : Springer
ISBN 13 : 3319512501
Total Pages : 348 pages
Book Rating : 4.3/5 (195 download)

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Book Synopsis China, Hong Kong, and the Long 1970s: Global Perspectives by : Priscilla Roberts

Download or read book China, Hong Kong, and the Long 1970s: Global Perspectives written by Priscilla Roberts and published by Springer. This book was released on 2017-08-17 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the forces that impelled China, the world’s largest socialist state, to make massive changes in its domestic and international stance during the long 1970s. Fourteen distinguished scholars investigate the special, perhaps crucial part that the territory of Hong Kong played in encouraging and midwifing China’s relationship with the non-Communist world. The Long 1970s were the years when China moved dramatically and decisively toward much closer relations with the non-Communist world. In the late 1970s, China also embarked on major economic reforms, designed to win it great power status by the early twenty-first centuries. The volume addresses the long-term implications of China’s choices for the outcome of the Cold War and in steering the global international outlook toward free-market capitalism. Decisions made in the 1970s are key to understanding the nature and policies of the Chinese state today and the worldview of current Chinese leaders.

Poverty in the Midst of Affluence

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Publisher : Hong Kong University Press
ISBN 13 : 9888208225
Total Pages : 282 pages
Book Rating : 4.8/5 (882 download)

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Book Synopsis Poverty in the Midst of Affluence by : Leo F. Goodstadt

Download or read book Poverty in the Midst of Affluence written by Leo F. Goodstadt and published by Hong Kong University Press. This book was released on 2014-12-01 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hong Kong is among the richest cities in the world. Yet over the past 15 years, living conditions for the average family have deteriorated despite a robust economy, ample budget surpluses, and record labour productivity. Successive governments have been reluctant to invest in services for the elderly, the disabled, the long-term sick, and the poor, while education has become more elitist. The political system has helped to entrench a mistaken consensus that social spending is a threat to financial stability and economic prosperity. In this trenchant attack on government mismanagement, Leo Goodstadt traces how officials have created a ‘new poverty’ in Hong Kong and argues that their misguided policies are both a legacy of the colonial era and a deliberate choice by modern governments, and not the result of economic crises. This provocative book will be essential reading for anyone wishing to understand why poverty returned to Hong Kong in this century. The book has been thoroughly revised and updated for this new, paperback edition. ‘Leo Goodstadt has identified the New Poor as those made vulnerable through diminishing access to essential services and opportunities. The culprits are misguided policies, and the callous and uncaring decisions of those in power. This compelling critique carries weight and demands a response.’ —Christine Fang, Former Chief Executive of The Hong Kong Council of Social Service ‘This is a critical reflection on Hong Kong’s path of social development and a most discerning analysis of the Third World mentality espoused by the government and the business community in the area of social welfare.’ —Lui Tai-lok, Chair Professor of Hong Kong Studies, The Hong Kong Institute of Education ‘Welfare spending was like “pouring sand into the sea to reclaim land”, thought one Chief Executive. Governments restrained social spending based on that skewed view . . . This book is meticulously researched and painfully insightful. It is a masterly chronicle of Hong Kong’s social welfare policy.’ —Anna Wu, Non-Official Member of the Executive Council, HKSAR

A City Mismanaged

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Publisher : Hong Kong University Press
ISBN 13 : 9888528491
Total Pages : 240 pages
Book Rating : 4.8/5 (885 download)

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Book Synopsis A City Mismanaged by : Leo F. Goodstadt

Download or read book A City Mismanaged written by Leo F. Goodstadt and published by Hong Kong University Press. This book was released on 2019-11-01 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: A City Mismanaged traces the collapse of good governance in Hong Kong, explains its causes, and exposes the damaging impact on the community’s quality of life. Leo Goodstadt argues that the current well-being and future survival of Hong Kong have been threatened by disastrous policy decisions made by chief executives and their principal officials. Individual chapters look at the most shocking examples of mismanagement: the government’s refusal to implement the Basic Law in full; official reluctance to halt the large-scale dilapidation of private sector homes into accommodation unfit for habitation; and ministerial toleration of the rise of new slums. Mismanagement of economic relations with Mainland China is shown to have created severe business losses. Goodstadt’s riveting investigations include extensive scandals in the post-secondary education sector and how lives are at risk because of the inadequate staff levels and limited funding allocated to key government departments. This book offers a unique and very powerful account of Hong Kong’s struggle to survive. ‘Goodstadt demonstrates how the neglect of social rights in managing the SAR has brought about serious consequences through the discussion of housing, medical services, and education. A highly readable title with a lot of interesting arguments for those who really care about Hong Kong.’ —Lui Tai-lok, Department of Asian and Policy Studies, Education University of Hong Kong ‘Goodstadt gives a well-grounded and relentless rebuke of the HKSAR government for failing to safeguard lives, quality of living and the interests of its people in the past twenty years. It is a poignant siren that calls for reflection and correction.’ —Christine M. S. Fang, Department of Social Work and Social Administration, The University of Hong Kong ‘Goodstadt utilizes his long experience in public policy in Hong Kong to interpret the city’s mismanagement. He supplies a devastating critique of the fallacy of the approach taken by the Chief Executives and the senior leaders.’ —David R. Meyer, Olin Business School, Washington University in St. Louis

Reluctant Regulators

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Publisher : Hong Kong University Press
ISBN 13 : 9888083252
Total Pages : 219 pages
Book Rating : 4.8/5 (88 download)

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Book Synopsis Reluctant Regulators by : Leo F. Goodstadt

Download or read book Reluctant Regulators written by Leo F. Goodstadt and published by Hong Kong University Press. This book was released on 2011-04-01 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2007-2009 global financial crisis was predictable and avoidable, but American and British regulators chose not to intervene. They failed to implement their own policies because of an Anglo-American "regulatory culture" of non-intervention that dominated financial regulation worldwide. Hong Kong--the international financial center of an increasingly prosperous China--defied world opinion and made stability its priority. This policy ensured Hong Kong's robust performance during the last 15 years, and it made possible Hong Kong's impressive contributions to financing China's economic take-off and to the modernization of its financial institutions.Reluctant Regulatorsis a scathing indictment of regulatory inertia in the West. It provides original insights into the causes of financial crises and pays special attention to China's attempts at reform and Hong Kong's place in China's financial modernization. Leo F. Goodstadtwas chief policy adviser to the Hong Kong Government as head of its Central Policy Unit (1989-1997) and has had an extensive consultancy practice in Asian banking. He has written widely on the global financial crisis and on China's economic development.

Britain’s Cold War in Cyprus and Hong Kong

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Author :
Publisher : Springer
ISBN 13 : 3319334913
Total Pages : 236 pages
Book Rating : 4.3/5 (193 download)

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Book Synopsis Britain’s Cold War in Cyprus and Hong Kong by : Christopher Sutton

Download or read book Britain’s Cold War in Cyprus and Hong Kong written by Christopher Sutton and published by Springer. This book was released on 2016-11-07 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Linking two defining narratives of the twentieth century, Sutton’s comparative study of Hong Kong and Cyprus – where two of the empire’s most effective communist parties operated – examines how British colonial policy-makers took to cultural and ideological battlegrounds to fight the anti-colonial imperialism of their communist enemies in the Cold War. The structure and intentional nature of the British colonial system grants unprecedented access to British perceptions and strategies, which sought to balance constructive socio-political investments with regressive and self-defeating repression, neither of which Britain could afford in the Cold War conflict of empires.