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Hong Kong SAR : Meeting the Challenges of Integration with the Mainland

Author/Editor: William Lee, Jorge A. Chan-Lau, Dora M. Iakova, Papa M'B. P. N'Diaye, Tao Wang, Ida Liu, Hong Liang, Eswar Prasad.

Release Date:February, 2004

This Occasional Paper provides an overview of the main challenges facing Hong Kong SAR as it continues to become more closely integrated with the mainland of China. Section I provides an overview of more...



Price: $25.00
Foreign Exchange Intervention and the Australian Dollar : Has it Mattered?

Author/Editor: Hong Liang, Paul Cashin, Hali J Edison.

Release Date:May, 2003

Since the Australian dollar was floated in December 1983, the Australian central bank (Reserve Bank of Australia) has actively intervened in the foreign exchange market. Using daily exchange rate and more...



Price: $15.00
From Crisis to Recovery in Korea : Strategy, Achievements, and Lessons

Author/Editor: Kenneth Kang, Hong Liang, Henry Ma, Anthony J Richards, Ajai Chopra, Meral Karasulu.

Release Date:October, 2001

This paper reviews and draws lessons from the stabilization and reform program that Korea implemented in response to the 1997-98 crisis. The economy recovered quickly from the deep recession in 1998 more...



Price: $15.00
How Persistent Are Shocks to World Commodity Prices?

Author/Editor: Hong Liang, C John McDermott, Paul Cashin.

Release Date:June, 1999

This paper examines the persistence of shocks to world commodity prices, using monthly IMF data on primary commodities between 1957–98. We find that shocks to commodity prices are more...



Price: $15.00