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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 | ||||||||||
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