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...

Owing to prompt policy action, the Hong Kong economy is now back on a robust growth trajectory. Inflation has rebounded, driven by higher costs for utilities. Banks have withstood the financial market volatility. Higher property prices leading to higher rents and the ongoing asset price...

Hong Kong Special Administrative Region (SAR) underwent a painful period of recession and adjustment during the Asian crisis. The adjustment in prices under the linked exchange rate system is well under way. Fiscal policy should continue to provide support for the recovery. Unemployment has...

The staff report for the 2005 Article IV Consultation on the People’s Republic of China highlights economic developments and fiscal policy. The continued robust growth owes much to the favorable external environment, with judicious macroeconomic policies, continued structural reforms, and the...

This 2004 Article IV Consultation highlights that after a period of prolonged weakness in economic activity, persistent deflation and rising fiscal deficits, the macroeconomic outlook for Hong Kong Special Administrative Region has improved significantly since mid-2003. The recovery has gained...

"How did labor NGOs come into existence in contemporary China? How do labor activists act - or not act - when the limits of state tolerance are unclear? With a focus on labor NGOs in South China and Western funding agencies, this book sets out to address these questions by investigating the...