Profits, Politics and Panics
Hong Kong's Banks and the Making of a Miracle Economy, 1935-1985
By (author) Leo F. Goodstadt
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Profits, Politics and Panics by Leo F. Goodstadt
Book DescriptionThis book recounts the banks' painful struggles to adapt to dramatic economic and political changes in China and Hong Kong between 1935-85. It identifies how misguided government decisions led to recurrent banking crises. Nevertheless, the banks almost single-handed financed first the manufacturing takeoff and then the post-industrial economy.
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Book DetailsISBN: 9789622098961
(236mm x 155mm x 25mm)
Imprint: Hong Kong University Press
Publisher: Hong Kong University Press
Publish Date: 1-Oct-2007
Country of Publication: Hong Kong
Books By Author Leo F. Goodstadt
Reluctant Regulators, Hardback (March 2011)» View all books by Leo F. Goodstadt
This book is a scathing indictment of regulatory inertia in the West. It provides important and original insights into the causes of financial crises and pays special attention to China's attempts at reform and Hong Kong's place in China's financial modernization.
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Author Biography - Leo F. Goodstadt
Leo F. Goodstadt brings to this book personal experience of policy making at the highest levels and extensive access to decision-makers and business leaders since 1962. As Head of the Central Policy Unit, he was chief policy adviser to the Hong Kong Government from 1989 to 1997 and involved in a wide range of major reforms including elections, welfare, administrative efficiency and budgetary policies. He has had a successful career as a consultant economist to leading business corporations both before and since his government service. He became well-known for his incisive reporting on Hong Kong and China as Deputy Editor of the Far Eastern Economic Review and Hong Kong correspondent for Euromoney. His academic research has been widely published. He is an adjunct professor in the School of Business Studies, Trinity College, University of Dublin and an honorary fellow of the University of Hong Kong.
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