Hong Kong Resident Representative Site
Resident Representative Office in Hong Kong Special Administrative Region
This web page presents information about the work of the IMF in Hong Kong, including the activities of the IMF Resident Representative Office. Additional information can be found on the Hong Kong and IMF country page, including IMF reports and Executive Board documents that deal with Hong Kong.
News — Highlights
In Asia both exports and domestic demand are fueling rapid economic growth, the International Monetary Fund (IMF) said today in its latest Regional Economic Outlook (REO) for Asia and the Pacific, which was released in Hong Kong SAR, People’s Republic of China.
Hong Kong and the IMF
Monetary Policy Transmission in Emerging Asia : The Role of Banks and the Effects of Financial Globalization
June 29, 2015
Subject: External sector | Current account | Capital account | Capital flows | Real effective exchange rates | Foreign exchange | Intervention | Developed countries | Emerging markets | Cross country analysis | External Sector Report
Regional Economic Outlook: Asia and Pacific
The economic outlook for Asia and Pacific is stable and robust, with growth expected to hold steady at 5.6 percent in 2015, easing slightly to 5.5 percent in 2016, according to the latest Regional Economic Outlook for Asia and Pacific, published on May 7, 2015.
Although Asia will remain the global growth leader, vulnerabilities associated with increased domestic and foreign debt are rising. Potential growth is likely to slow, reflecting weaker productivity gains, and the effects of aging populations and infrastructure bottlenecks in some countries.
The report finds that monetary and fiscal policy settings are broadly appropriate, but boosting resilience and potential growth remain top priorities, with structural reforms continuing to play a big role. The report also explores Asia's role in global value chains and the factors affecting financial integration within Asia.