United Kingdom-Hong Kong: Selected Issues
IMF Staff Country Reports, July 16, 1997
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- Canonical URL
- United Kingdom-Hong Kong: Selected Issues
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Bibliographic details
- Published: July 16, 1997
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451816853.002
Summary
- Reviews key institutions and arrangements for economic policymaking expected to be put in place following the transfer of sovereignty over Hong Kong to China in 1997.
- Reviews international treaties between Britain and China from the nineteenth century.
- Discusses Hong Kong’s current and future constitutional documents—the Letters Patent and Royal Instructions, and the Basic Law, respectively.
- Provides background on the system of government in Hong Kong in 1997.
Major themes and analysis
- Institutions and arrangements for post-1997 economic policymaking:
- Examination of institutional continuity and transition mechanisms intended for 1997.
- Focus on how constitutional documents underpin policymaking authority and procedures.
- Historical legal context:
- Review of nineteenth-century treaties between Britain and China relevant to Hong Kong’s legal and institutional inheritance.
- Constitutional documents:
- Current documents in 1997: Letters Patent and Royal Instructions.
- Future constitutional framework: the Basic Law.
- System of government in 1997:
- Background description of Hong Kong’s governmental structure as of 1997, relevant for interpreting the institutional transition.
Subject focus and keywords
- Subject areas: Economic sectors, Expenditure, Labor, Labor costs, Manufacturing, National accounts, Services sector, Transportation
- Keywords: Asia and Pacific, Central Asia, China, cost, CR, East Asia, Europe, export trade, GDP, Global, Hong Kong economy, Hong Kong government, Hong Kong stock market, ISCR, Labor costs, Manufacturing, property market, Services sector, trade, Transportation