Financial Systems, Markets and Instruments
EF3333 Financial Systems, Markets and Instruments
Mini-project 1
Group List
Fung Chin Wang 52598931
Liu Wai Ho 52592350
Lin Yuen 52593960
Chan Kwok Leung 52610309
Group List
Fung Chin Wang 52598931
Liu Wai Ho 52592350
Lin Yuen 52593960
Chan Kwok Leung 52610309
Content
The Asian financial crisis in 1997……………………………………………………..…….……P.3
2008 financial Tsunami…………………………………………………………………..……………P.4
The Hong Kong Stock market ………………………………………………………………………P.7
The Hong Kong property market………………………………………………………….………P.10
Conclusion ………………………………………………………………………….………….……………P.15
Interest rate
The interest rate is the consideration of the borrower to pay the loan, the lender for the return.
Consumers will prefer the present to make consumption more than future consumption opportunities for the lenders to lend funds to give up the existing consumer. The interest rates are consumer lender delay compensation, the borrower early consumption costs.
Under the linked exchange rate system, the Hong Kong interest rate movements ought to par with the United States.
In 1994, economist Paul Krugman published an article criticizing the "Asian economic miracle" argument. He believes that economic growth in East Asia is a long time to increase capital investment structure. However, the growth of total factor productivity is actually minimal. Krugman believes that only the total factor productivity growth can bring long-term prosperity, rather than capital investment. Krugman himself admitted that he did not foresee the crisis, but also did not anticipate the depth.
The collapse of the reasons there is a dispute. Thailand's economy due to the "hot money" into a bubble; bubble expansion process in need of money. The same situation occurred in Malaysia and Indonesia, the situation in these two places is more complicated because of the existence of crony capitalism. The mid-1990s, Thailand, Indonesia and South Korea in the private sector has a huge
Mini-project 1
Group List
Fung Chin Wang 52598931
Liu Wai Ho 52592350
Lin Yuen 52593960
Chan Kwok Leung 52610309
Group List
Fung Chin Wang 52598931
Liu Wai Ho 52592350
Lin Yuen 52593960
Chan Kwok Leung 52610309
Content
The Asian financial crisis in 1997……………………………………………………..…….……P.3
2008 financial Tsunami…………………………………………………………………..……………P.4
The Hong Kong Stock market ………………………………………………………………………P.7
The Hong Kong property market………………………………………………………….………P.10
Conclusion ………………………………………………………………………….………….……………P.15
Interest rate
The interest rate is the consideration of the borrower to pay the loan, the lender for the return.
Consumers will prefer the present to make consumption more than future consumption opportunities for the lenders to lend funds to give up the existing consumer. The interest rates are consumer lender delay compensation, the borrower early consumption costs.
Under the linked exchange rate system, the Hong Kong interest rate movements ought to par with the United States.
In 1994, economist Paul Krugman published an article criticizing the "Asian economic miracle" argument. He believes that economic growth in East Asia is a long time to increase capital investment structure. However, the growth of total factor productivity is actually minimal. Krugman believes that only the total factor productivity growth can bring long-term prosperity, rather than capital investment. Krugman himself admitted that he did not foresee the crisis, but also did not anticipate the depth.
The collapse of the reasons there is a dispute. Thailand's economy due to the "hot money" into a bubble; bubble expansion process in need of money. The same situation occurred in Malaysia and Indonesia, the situation in these two places is more complicated because of the existence of crony capitalism. The mid-1990s, Thailand, Indonesia and South Korea in the private sector has a huge