Hong Kong protests

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Opinion

Downsides to Hong Kong’s untargeted cash handout

The stimulus is regressive in nature, as the bulk of expenditure is a one-off cash disbursement per adult

By: Alicia García-Herrero Topic: Global Economics & Governance Date: March 4, 2020
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Blog Post

Hong Kong’s economy is still important to the Mainland, at least financially

Hong Kong’s current situation is important for the world in as far as its role as major offshore financial centre is key for China’s inbound and outbound investment and financing. Capital outflows from Hong Kong are especially risky given Hong Kong's so far useful but rigid monetary regime, namely a peg to the USD under a currency board

By: Alicia García-Herrero and Gary Ng Topic: Global Economics & Governance Date: August 19, 2019