"Tony Latter has written a rigorous and insightful, yet lucid and broadly accessible, account of the history, evolution and workings of Hong Kong's monetary system. Readers of this first-rate book will understand why Hong Kong's currency board reliably de

Tony Latter worked for many years at the Bank of England, with spells at the Bank for International Settlements in Basel and the Organisation for Economic Cooperation and Development in Paris, and the National Bank of Ukraine. His association with Hong Kong dates back to 1982, when he began a three-year term as Deputy Secretary for Monetary Affairs; he was responsible for initiating the re-adoption of the currency board in 1983 and for ensuring its success in the early stages. In 1999 he returned to Hong Kong as Deputy Chief Executive of the Hong Kong Monetary Authority. In 2003 he moved to the University of Hong Kong as a visiting professor of economics. Having since relinquished full-time duties there, he remains a senior research fellow of the Hong Kong Institute of Economics and Business Strategy.