Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Results of Financial Crisis (write 200 to 300 words) 1. What happened in foreign exchange markets? 2. What happened in real markets and banking markets?

Results of Financial Crisis

(write 200 to 300 words)

1. What happened in foreign exchange markets? 2. What happened in real markets and banking markets? 3. What happened in securities markets?

Hong Kong Economic Indice Unit: USD Billion
GDP Growth Rate Ind. Production Growth Rate CPI(yoy) Umployeement Rate Export Export(yoy) Import Import(yoy) Surplus/Deficit
Y 1989 2.5% 0.8% 10.1% 1.10% 73.23 15.9% 71.76 12.3% 1.47
Y 1990 2.8% -1.0% 10.3% 1.30% 82.02 12.0% 82.41 14.8% -0.39
Y 1991 5.6% 0.8% 11.2% 1.80% 98.58 16.9% 100.24 21.6% -1.66
Y 1992 6.3% 1.6% 9.4% 2.00% 119.51 21.2% 123.43 23.1% -3.92
Y 1993 6.1% -0.8% 8.5% 2.00% 135.25 13.2% 138.66 12.3% -3.41
Y 1994 5.5% -0.1% 8.8% 1.90% 151.4 11.9% 161.78 16.7% -10.38
Y 1995 3.9% 0.9% 9.0% 3.20% 173.75 14.8% 192.77 19.2% -19.02
Y 1996 4.3% -3.7% 6.3% 1.60% 180.74 4.0% 198.55 3.0% -17.81
Y 1997 5.1% -0.8% 5.8% 2.20% 188.08 4.1% 208.63 5.1% -20.55
Y 1998 -5.1% -8.6% 2.9% 4.40% 174.03 -7.5% 184.61 -11.5% -10.58
Y 1999 3.4% -6.4% -4.0% 6.30% 174.08 0.0% 179.66 -2.7% -5.58
Y 2000 10.2% -0.5% -3.7% 5.10% 202.08 16.1% 213.06 18.6% -10.98
Y 2001 0.5% -4.4% -1.6% 4.90% 190.1 -5.9% 201.48 -5.4% -11.38
Y 2002 1.9% -9.7% -3.0% 7.20% 200.32 5.4% 208.02 3.2% -7.7
Y 2003 3.2% -9.2% -2.6% 7.90% 224.04 11.8% 232.58 11.8% -8.54
Y 2004 8.6% 2.9% -0.4% 6.90% 259.42 15.8% 271.46 16.7% -12.04
Y 2005 7.3% 2.5% 1.0% 5.60% 289.51 11.6% 299.97 10.5% -10.46
Source: Financial Authority of Hong Kong

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Health Care Finance Basic Tools For Nonfinancial Managers

Authors: Judith J. Baker, R.W. Baker

3rd Edition

076377894X, 978-0763778941

More Books

Students also viewed these Finance questions

Question

undertake a thematic analysis of your data;

Answered: 1 week ago