The Future of the Monetary System of Hong Kong
by
Professor the Honourable Joseph Yam,
GBM, GBS, CBE, JP
Working Paper No. 9
June 2012
"...More often than not,
regrettably, without the pressures of a crisis
that is either looming large or already ongoing,
significant differences of opinion not resolved
would result in the status quo
being maintained.
Reform of the monetary system in peaceful time takes leadership,
foresight, courage and effective persuasion,..."
.
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