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Hong Kong dollar amid ‘Asian Financial Crisis in reverse’ — basic explainer

An explainer on how Hong Kong Linked Exchange Rate System works, what Aggregate Balance is, and how interest rate arbitrage help maintains Linked Exchange Rate System.

Global Economy

Interviews

US needs large-scale Covid testing urgently: Nobel winning economist Paul Romer

In an exclusive interview with EconReporter on Tuesday, Romer, co-recipient of the 2018 Nobel Prize in Economics Science, urged the US to adopt large-scale testing immediately to halt this most detrimental economic slump ever since the Great Depression in the 1930s.