This working paper was written by Yuewen Tang (Hong Kong Monetary Authority) and Alfred Wong (Hong Kong Institute for Monetary and Financial Research).We analyse dollar funding stress experienced by advanced and emerging market economies through studying the behaviour of their cross-currency...

Researchers have used various concepts to understand the conditions and dynamics by which conflict can be managed constructively. This review proposes that the variety of terms obscures consistent findings that open-minded discussions in which protagonists freely express their own views, listen...

Regulations are often thought to be impediments to collaboration between governments and businesses; however, governments and businesses are increasingly forming partnerships to help them negotiate regulation issues and more broadly work together. This study argues that governments, by...

This paper assesses the impact of the recent financial reforms in China. Following the country¡¯s accession to the World Trade Organization, financial liberalisation has picked up considerable momentum. Measures introduced encompass deregulation in the banking sector and refinements in various...

The presence of price disparity between A- and H- shares suggests that the two markets are segmented and thus allocation of capital is inefficient. In this paper, we attempt to identify the factors contributing to the price disparity, with a view to helping policymakers find solutions to the...

This article examines recent research regarding the information content of monetary aggregates and monetary policy.

This article is based on the Bank's submission to the Minister of Commerce review of post - 1992 tariff policy.

This study develops a model based on Deutsch’s theory of cooperation and competition to clarify the supply chain relationships and interactions that contribute to customer satisfaction. Results of structural equation analyses suggest that organizations and suppliers and organizations and...