Advertisement

Savings Instruments, Bubbles, and Financial Crises

  • Lok Sang Ho

Abstract

We badly need to improve the financial market’s intermediary function between savers and investors. Savers need protection against inflation and foreign exchange risks and seek a positive return. The absence of such an instrument directly led to the formation of bubbles.

Keywords

Exchange Rate Stock Market Excess Capacity Property Price Asian Financial Crisis 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Springer Science+Business Media New York 2001

Authors and Affiliations

  • Lok Sang Ho
    • 1
  1. 1.Center for Public Policy StudiesLingnan UniversityHong Kong

Personalised recommendations