ABCC-2024-009: “Policy Tale of Two Small Open Asian Economies: Singapore and Hong Kong”

Category: Finance and Economics

Abstract: In this case analysis, we will compare the effectiveness of the similar monetary policy tool chosen by two small open Asian economies, namely Singapore and Hong Kong. While exchange rate policy may be effective in controlling general price inflation, it is not so effective in controlling asset price inflation.  Could these economies choose a different policy tool?

ABCC-2024-009: Policy tale of Two Small Open Economies