How Long to Read Intervention to Save Hong Kong

How Long Does it Take to Read Intervention to Save Hong Kong?

It takes the average reader 4 hours and 1 minute to read Intervention to Save Hong Kong by Charles Albert Eric Goodhart

Assuming a reading speed of 250 words per minute. Learn more

Description

By August 1998, the Hong Kong economy had become threatened not only by the natural consequences of the Asian crisis (1997-98), but also by waves of speculation, betting that the authorities would be forced to abandon the linked exchange rate (to the US dollar). When facing previous speculative attacks (starting October 1997), the authorities had followed traditional policies of raising interest rates. But by August 1998, such policies had helped to batter asset markets; property prices and output were falling, and confidence was low. Moreover, the speculators had developed an ingenious 'double play', simultaneously selling both the foreign exchange market and the Hang Seng equity market short; whether the authorities used an interest rate defense, or abandoned the 'link', the speculators would gain either way. So, the authorities decided on a bold, unexpected and unconventional response to reports of a further attack. They would undertake counter-intervention, again both in the equity and foreign exchange markets. This book provides a fascinating story in itself, and insights into what lessons academics and practitioners can learn from the turbulent events of the time.

How long is Intervention to Save Hong Kong?

Intervention to Save Hong Kong by Charles Albert Eric Goodhart is 236 pages long, and a total of 60,416 words.

This makes it 80% the length of the average book. It also has 74% more words than the average book.

How Long Does it Take to Read Intervention to Save Hong Kong Aloud?

The average oral reading speed is 183 words per minute. This means it takes 5 hours and 30 minutes to read Intervention to Save Hong Kong aloud.

What Reading Level is Intervention to Save Hong Kong?

Intervention to Save Hong Kong is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Intervention to Save Hong Kong?

Intervention to Save Hong Kong by Charles Albert Eric Goodhart is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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