People’s Republic of China: Hong Kong Special Administrative Region: 2008 Article IV Consultation Discussions: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This paper examines the People’s Republic of China’s Hong Kong Special Administrative Region’s 2008 Article IV Consultation. Growth has slowed in the first half of the year, as external conditions have worsened. Inflation remains elevated, driven by food prices and housing costs. The fallout from the global credit turmoil has spilled into local markets, with equity prices falling markedly and signs of stress in interbank markets. The authorities have responded with a range of measures to provide liquidity, stimulate domestic demand, and bolster confidence.
Series:
Country Report No. 2008/369
Subject:
Banking Budget planning and preparation Fiscal policy Fiscal stimulus Income Inflation Labor Minimum wages National accounts Prices Public financial management (PFM)
English
Publication Date:
December 8, 2008
ISBN/ISSN:
9781451817003/1934-7685
Stock No:
1HKGEA2008004
Pages:
41
Please address any questions about this title to publications@imf.org