Hong Kong, China and the Handling of the Financial Crises: Monetary Management in 1983, 1987, 1997 and 1998

  • Peter Ferdinand


The main purpose of this chapter is to assess the impact of the transition to Chinese sovereignty upon the ability of the Hong Kong government to exercise effective control over its economy. It will compare the ways in which the authorities handled the currency crisis of 1983 and the stock exchange crisis of 1987, when Hong Kong was a British colony, and the financial crises of autumn 1997 and 1998, when it had become a Special Administrative Region of China.


Stock Market Stock Exchange Hedge Fund Monetary Authority Currency Board 
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© Peter Ferdinand 2000

Authors and Affiliations

  • Peter Ferdinand

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