Lingnan’s Department of Economics and Centre for Public Policy Studies co-organised a one-day workshop on “The Linked Exchange Rate System: the Way Forward” on 1 June. With keynote speaker Prof Bennett T McCallum, H J Heinz Professor of Economics at Carnegie Mellon University, academic and industry economists explored the future of Hong Kong’s exchange rate regime, as well as related issues like the internationalisation of the Renminbi.
Prof Ho Lok-sang, Lingnan University Department of Economics, remarked that Hong Kong might follow Singapore’s practice and peg the Hong Kong dollar to a basket of currencies instead of a single currency.
Organised by Hong Kong Economic Association, the workshop was also supported by the Institute of Global Economics and Finance, The Chinese University of Hong Kong and Department of Economics and Finance, City University of Hong Kong.
.jpg) |
 |