Exchange-Rate Systems and Interest-Rate Behavior: The Experience of Hong Kong and Singapore
In this paper we consider the implications of the two different exchange-rate systems in Hong Kong (HK) and Singapore (SP) on the economic performance of these two economies. While HK has a pegged exchange-rate regime under a currency board system (CBS), SP has a managed-float system with monitoring...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2002
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/1132 https://ink.library.smu.edu.sg/context/soe_research/article/2131/viewcontent/HK_SG.pdf |
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| Institution: | Singapore Management University |
| Language: | English |