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Hong Kong and Global Finance: The Limits to Free Market Foundations

Abstract:
Hong Kong occupied a unique position between the British empire and China that catapulted it to global importance in the century before the founding of the Public Republic of China in 1949. The legacy of British colonial institutions, including the currency board, banks, language, legal framework and well established property rights, all contributed to the ability to extend Hong Kong’s traditional role as an imperial entrepot into the post-colonial era. But Hong Kong’s success was not built on free markets; this article shows that the role of the state is much more complex than is usually acknowledged now or at the time.
Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.3917/mond1.181.0067

Authors


More by this author
Institution:
University of Oxford
Division:
HUMS
Department:
History Faculty
Oxford college:
St Hilda's College
Role:
Author


Publisher:
Presses Universitaires de Rennes
Journal:
Monde(s) More from this journal
Volume:
2018
Issue:
13
Pages:
67-88
Publication date:
2018-06-01
Acceptance date:
2017-10-10
DOI:
ISBN:
9782753574496


Keywords:
Pubs id:
pubs:736328
UUID:
uuid:3499038e-c239-4441-af67-6f40eeb7164c
Local pid:
pubs:736328
Source identifiers:
736328
Deposit date:
2017-10-16

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