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Hong Kong Land for Hong Kong People$
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Yue Chim Richard Wong

Print publication date: 2015

Print ISBN-13: 9789888208654

Published to Hong Kong Scholarship Online: September 2015

DOI: 10.5790/hongkong/9789888208654.001.0001

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PRINTED FROM HONG KONG SCHOLARSHIP ONLINE (www.hongkong.universitypressscholarship.com). (c) Copyright Hong Kong University Press, 2020. An individual user may print out a PDF of a single chapter of a monograph in HKSO for personal use.date: 28 March 2020

The Linked Rate, Domestic Stability, and Dual Integration

The Linked Rate, Domestic Stability, and Dual Integration

Chapter:
(p.115) 16 The Linked Rate, Domestic Stability, and Dual Integration
Source:
Hong Kong Land for Hong Kong People
Author(s):

Yue Chim Richard Wong

Publisher:
Hong Kong University Press
DOI:10.5790/hongkong/9789888208654.003.0016

Hong Kong was able to stay with the fixed rate because it possessed one of the world’s most flexible economies in wages and prices, a robust banking system, and a sound fiscal policy. This helped Hong Kong to weather the shocks better than most other economies, although it did not save two Chief Executives from being the targets of massive public protests.

Keywords:   Hong Kong, Housing, Housing policy, Public Housing, Politics, Social mobility, Population, Economics, Growth

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