People’s Republic of China: Hong Kong Special Administrative Region: Selected Issues

Volume/Issue: Volume 2008 Issue 042
Publication date: February 2008
ISBN: 9781451816976
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Exports and Imports , Economics- Macroeconomics , ISCR , CR , Hong Kong SAR , investment , Sar , portfolio investment , FDI flow , investment rate , investment efficiency , saving-investment relationship , world share , investment error-correction parameter , Foreign direct investment , Portfolio investment , Import prices , Capital flows , Private savings , Asia and Pacific , Global

Summary

Hong Kong, like other city financial centers, has a high private saving rate. This paper seeks to understand what the principal drivers of saving and investment in financial centers are. Cyclical frequency changes affecting international financial and trade linkages are key drivers of saving and investment fluctuations in Hong Kong. Hong Kong has a long-established track-record as Asia’s premier center for cross-border financial transactions. Its preeminence derives from its special link with Mainland China, with respect to foreign direct investment flows.