Results of Financial Crisis

(write 200 to 300 words)

1. What happened in foreign exchange markets?
2. What happened in real markets and banking markets?
3. What happened in securities markets?

Hong Kong Economic Indice				Unit:	USD Billion
	GDP Growth Rate	Ind. Production Growth Rate	CPI(yoy)	Umployeement Rate	Export	Export(yoy)	Import	Import(yoy)	Surplus/Deficit
Y 1989	2.5%	0.8%	10.1%	1.10%	73.23	15.9%	71.76	12.3%	1.47
Y 1990	2.8%	-1.0%	10.3%	1.30%	82.02	12.0%	82.41	14.8%	-0.39
Y 1991	5.6%	0.8%	11.2%	1.80%	98.58	16.9%	100.24	21.6%	-1.66
Y 1992	6.3%	1.6%	9.4%	2.00%	119.51	21.2%	123.43	23.1%	-3.92
Y 1993	6.1%	-0.8%	8.5%	2.00%	135.25	13.2%	138.66	12.3%	-3.41
Y 1994	5.5%	-0.1%	8.8%	1.90%	151.4	11.9%	161.78	16.7%	-10.38
Y 1995	3.9%	0.9%	9.0%	3.20%	173.75	14.8%	192.77	19.2%	-19.02
Y 1996	4.3%	-3.7%	6.3%	1.60%	180.74	4.0%	198.55	3.0%	-17.81
Y 1997	5.1%	-0.8%	5.8%	2.20%	188.08	4.1%	208.63	5.1%	-20.55
Y 1998	-5.1%	-8.6%	2.9%	4.40%	174.03	-7.5%	184.61	-11.5%	-10.58
Y 1999	3.4%	-6.4%	-4.0%	6.30%	174.08	0.0%	179.66	-2.7%	-5.58
Y 2000	10.2%	-0.5%	-3.7%	5.10%	202.08	16.1%	213.06	18.6%	-10.98
Y 2001	0.5%	-4.4%	-1.6%	4.90%	190.1	-5.9%	201.48	-5.4%	-11.38
Y 2002	1.9%	-9.7%	-3.0%	7.20%	200.32	5.4%	208.02	3.2%	-7.7
Y 2003	3.2%	-9.2%	-2.6%	7.90%	224.04	11.8%	232.58	11.8%	-8.54
Y 2004	8.6%	2.9%	-0.4%	6.90%	259.42	15.8%	271.46	16.7%	-12.04
Y 2005	7.3%	2.5%	1.0%	5.60%	289.51	11.6%	299.97	10.5%	-10.46
Source: Financial Authority of Hong Kong

Answer rating: 100% (QA)

The financial crisis of 2008 had a significant impact on foreign exchange markets real markets and b... View the full answer