Can a small country have a stable economy?# Economics - 经济
q*i
1 楼
One question I have been thinking about is this: is it
possible, in today's world, for a small economy
to be stable?
What happened in Hong Kong is indicative of how powerful
free flow capital can be. With abundance of speculative
flows of money, it will be very difficult to stablize
any economy, short of removing itself from the global
chain.
For an economy that's small, and perfectly in sync with
its fundamentals, and allows a free market and perfectly
convertible currency, speculators could in
possible, in today's world, for a small economy
to be stable?
What happened in Hong Kong is indicative of how powerful
free flow capital can be. With abundance of speculative
flows of money, it will be very difficult to stablize
any economy, short of removing itself from the global
chain.
For an economy that's small, and perfectly in sync with
its fundamentals, and allows a free market and perfectly
convertible currency, speculators could in