Dear Colleagues
Conference on 'Hong Kong's Currency Board at 25', will be held at the
Institute for Historical Research, London, 21 October 2008. Attendance
is free of charge. For more information on the Conference Programme
please see the attachment.
This year marks the 25th anniversary of the restoration of Hong Kong's
currency board system and this conference reflects on its performance
and future prospects.
Hong Kong SAR is now highly unusual as a large and sophisticated economy
with international financial centre status running a currency board
system that pegs the Hong Kong Dollar to the US Dollar. While usually
credited with Providing stability and prosperity for Hong Kong, the
system faces new challenges from the recent depreciation of the US
Dollar and the growing flexibility of the Chinese Renminbi since 2005.
Best wishes
Professor Catherine R. Schenk
Professor of International Economic History
Economic and Social History
University of Glasgow
Lilybank House
Glasgow G12 8RT
UK
0141-330-6616
FAX: 0141-330-4889
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