European Parliament Library

People’s Republic of China—Hong Kong Special Administrative Region :, Staff Report for the 2006 Article IV Consultation Discussions

Abstract
This 2006 Article IV Consultation highlights that Hong Kong Special Administrative Region has recovered strongly from a series of shocks in recent years and, as expected, the pace of growth is now moderating. Growth was 6.8 percent (year over year) in the first three quarters of 2006, somewhat slower than the 7.3 percent recorded in 2005. Inflation is expected to firm modestly with the tightening labor market and as rents adjust to previous increases in property prices. The current account surplus is expected to narrow with maturing external demand
Table Of Contents
Cover; Contents; Executive Summary; I. Economic Setting: From Recovery to Sustained Growth; Figures; 1. Real Sector Developments; 2. External Sector Developments; 3. Asset Market Developments; 4. Household and Corporate Sectors; II. Report on Discussions; A. Fiscal Policy: Looking Beyond the Good Times; 5. Fiscal Developments; B. Exchange Rate Regime: A More Resilient System; 6. Monetary and Exchange Rate Developments; C. Competitiveness: Building on Traditional Strengths and Financial Development; 7. Hong Kong SAR's Balance of Payments Dynamics; 8. Trends in Competitiveness
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (34 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781451988048

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