The operation of the moratorium on new bank licenses on the Hong Kong banking system 1965-81
<p>In the mid-1960s two major institutional changes decreased the freedom for competition among banks in Hong Kong. In 1964, in response to a supposed 'interest rate war' the Exchange Banks Association (the precursor to the Hong Kong Association of Banks) was able to negotiate an Int...
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| Format: | Working paper |
| Language: | English |
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Hong Kong Institute for Monetary Research
2006
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