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Record Nr. |
UNINA9910162924503321 |
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Titolo |
People's Republic of China-Hong Kong Special Administrative Region : : 2016 Article IV Consultation-Press Release and Staff Report |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2017 |
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ISBN |
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9781475566321 |
1475566328 |
9781475566338 |
1475566336 |
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Descrizione fisica |
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1 online resource (67 pages) : illustrations (some color), graphs, tables |
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Collana |
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IMF Staff Country Reports |
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Disciplina |
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Soggetti |
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Fiscal policy - China |
Fiscal policy - China - Hong Kong |
Infrastructure |
Macroeconomics |
Public Finance |
Real Estate |
Statistics |
Aggregate Factor Income Distribution |
Data Collection and Data Estimation Methodology |
Computer Programs: Other |
Economic Development: Urban, Rural, Regional, and Transportation Analysis |
Housing |
Fiscal Policy |
Housing Supply and Markets |
Econometrics & economic statistics |
Property & real estate |
Banking |
Income |
Fiscal policy |
External sector statistics |
Income distribution |
National accounts |
Economic and financial statistics |
Saving and investment |
Economic statistics |
Hong Kong Special Administrative Region, People's Republic of China |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Sommario/riassunto |
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This 2016 Article IV Consultation highlights that with a soft global trade environment and a downturn in tourism arrivals from Mainland China, the growth rate of Hong Kong Special Administrative Region is expected to have slowed to 1.5 percent in 2016. Growth is likely to pick up modestly to about 2 percent in 2017, with private consumption continuing to be a main driver supported by a steady labor market. The current account surplus remained below 3 percent of GDP. Over the longer term, aging pressures may weaken the structural fiscal position, requiring fiscal planning to alleviate the decline, and a housing supply shortage also needs to be tackled. |
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