Victim, not instigator of the Asian Financial Crisis, Hong Kong was the only economy that succeeded in defending its fully convertible currency, indeed its enti
The three main research questions posed in this thesis are: (i) What were Hong Kong’s strategies in mitigating the worst impact of the crisis? (ii) Why did Ho
This study examines the social impact of the Asian financial crisis which began in July 1997. Several countries experienced an economic shock of unprecedented s