"The purpose of this book is to provide its reader with an understanding of the importance of an efficient monetary and financial system to a modern exchange economy, to describe the workings of financial systems, to explain the economic theory relevant to financial systems, and to analyze policy issues related to the regulation of money and finance.Because of the importance of the U.S. dollar in the world economy, the financial system o ..."
"A New Age Simon S. M. Ho, Robert Haney Scott, Kie Ann Wong. Securities
Review Committee, The Operation and Regulation of the Hong Kong Securities
Industry: Report of the Securities Review Committee (Hong Kong, Government
Printer, May 1988). Tan, Chwee Huat, Singapore Financial Sourcebook (
Singapore, Singapore University Press, 1997). Tan, Chwee Huat, Financial
Markets and Institutions in Singapore (Singapore, Singapore University P ..."
"Hong Kong's unique history and development have created an efficient open economy in which a plethora of financial institutions and markets flourish, making Hong Kong one of the world's leading financial centers. The first comprehensive study of these institutions, this book also examines such related issues as monetary policy, international financial relations, and the control and regulation of the financial sector."
"130-37; Laurence Jay Mauer, "Commercial Bank Maturity Demand for United States
Government Securities and the Determinants of the Term Structure of Interest ..."
"Yan Ki Ho, Robert Haney Scott, Kie Ann Wong, Allan K. K. Chan. Forexvord v
Preface vii Contributors ix Tables xiii Figures xvi Part I Depository Institutions 1.
The Banking System: An Overview 3 Richard Yan-Ki Ho 2. The Role of the
HongkongBank 31 Y. C. Jao 3. The Role of the Bank of China Group 63 Joseph
S. Wan 4. Merchant Banking 76 Robert Haney Scott 5. The Regulatory
Framework of the Banking Sector 91 Richard Yan-Ki Ho Part II ..."
"Hong Kong's unique history and development have created an efficient open economy in which a plethora of financial institutions and markets flourish, making Hong Kong one of the world's leading financial centers. The first comprehensive study of these institutions, this book also examines such related issues as monetary policy, international financial relations, and the control and regulation of the financial sector."
"This is the marginal productivity at the 11th worker. The total product has risen,
but the marginal product is falling. Total product increases but at a decreasing
rate. Falling marginal product as additional workers are hired is an expression of
theĀ ..."