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Widening Income Distribution In Post Handover Hong Kong
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Book Synopsis Widening Income Distribution in Post-Handover Hong Kong by : Hon-Kwong Lui
Download or read book Widening Income Distribution in Post-Handover Hong Kong written by Hon-Kwong Lui and published by Routledge. This book was released on 2013-03-20 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: Before the handover to China in 1997, Hong Kong’s economic growth was very strong and the unemployment rate dropped to a record low of 2.2 per cent. In recent years, the widening income dispersion in Hong Kong has caught public attention. This book investigates the economic development and changes in income distribution of Hong Kong from different perspectives. Based on latest empirical evidence of Hong Kong, the book examines the relationship between economic restructuring and rising income disparity. Public housing programmes in Hong Kong affect half of the population directly and the other half indirectly. This book assesses the redistributive effect of public rental housing on income distribution. Moreover, Hong Kong embarked an ambitious expansion programme of tertiary education in 1989. The expansion represents an exogenous increase in the supply of university graduates and the book evaluates the impact on income distribution. It also investigates the income dispersion among and between natives and immigrants. Researchers, politicians and policy makers should be interested to learn about the causes of rising income dispersion in post-handover Hong Kong uncovered in this book. Although economic restructuring is named as the prime suspect that caused rising income inequality, the empirical evidence proves otherwise. The book will be of interest to policy makers with implications on social security system and income disparity.
Book Synopsis Widening Income Distribution in Post-Handover Hong Kong by : Hon-Kwong Lui
Download or read book Widening Income Distribution in Post-Handover Hong Kong written by Hon-Kwong Lui and published by Routledge. This book was released on 2013-03-20 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Before the handover to China in 1997, Hong Kong’s economic growth was very strong and the unemployment rate dropped to a record low of 2.2 per cent. In recent years, the widening income dispersion in Hong Kong has caught public attention. This book investigates the economic development and changes in income distribution of Hong Kong from different perspectives. Based on latest empirical evidence of Hong Kong, the book examines the relationship between economic restructuring and rising income disparity. Public housing programmes in Hong Kong affect half of the population directly and the other half indirectly. This book assesses the redistributive effect of public rental housing on income distribution. Moreover, Hong Kong embarked an ambitious expansion programme of tertiary education in 1989. The expansion represents an exogenous increase in the supply of university graduates and the book evaluates the impact on income distribution. It also investigates the income dispersion among and between natives and immigrants. Researchers, politicians and policy makers should be interested to learn about the causes of rising income dispersion in post-handover Hong Kong uncovered in this book. Although economic restructuring is named as the prime suspect that caused rising income inequality, the empirical evidence proves otherwise. The book will be of interest to policy makers with implications on social security system and income disparity.
Book Synopsis Widening Income Distribution in Post-Handover Hong Kong by : Hon-Kwong Lui
Download or read book Widening Income Distribution in Post-Handover Hong Kong written by Hon-Kwong Lui and published by Routledge. This book was released on 2013 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Before the handover to China in 1997, Hong Kong’s economic growth was very strong and the unemployment rate dropped to a record low of 2.2 per cent. In recent years, the widening income dispersion in Hong Kong has caught public attention. This book investigates the economic development and changes in income distribution of Hong Kong from different perspectives. Based on latest empirical evidence of Hong Kong, the book examines the relationship between economic restructuring and rising income disparity. Public housing programmes in Hong Kong affect half of the population directly and the other half indirectly. This book assesses the redistributive effect of public rental housing on income distribution. Moreover, Hong Kong embarked on an ambitious expansion programme of tertiary education in 1989. The expansion represents an exogenous increase in the supply of university graduates and the book evaluates the impact on income distribution. It also investigates the income dispersion among and between natives and immigrants. Researchers, politicians and policy makers should be interested to learn about the causes of rising income dispersion in post-handover Hong Kong uncovered in this book. Although economic restructuring is named as the prime suspect that caused rising income inequality, the empirical evidence proves otherwise. The book will be of interest to policy makers whose work has implications for social security systems and income disparity.
Book Synopsis Routledge Handbook of Contemporary Hong Kong by : Tai-lok Lui
Download or read book Routledge Handbook of Contemporary Hong Kong written by Tai-lok Lui and published by Routledge. This book was released on 2018-07-17 with total page 638 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Britain and China negotiated the future of Hong Kong in the early 1980s, their primary concern was about maintaining the status quo. The rise of China in the last thirty years, however, has reshaped the Beijing-Hong Kong dynamic as new tensions and divisions have emerged. Thus, post-1997 Hong Kong is a case about a global city’s democratic transition within an authoritarian state. The Routledge Handbook of Contemporary Hong Kong introduces readers to these key social, economic, and political developments. Bringing together the work of leading researchers in the field, it focuses on the process of transition from a British colony to a Special Administrative Region under China’s sovereign rule. Organized thematically, the sections covered include: ‘One Country, Two Systems’ in practice Governance in post-colonial Hong Kong Social mobilization The changing social fabric of Hong Kong society Socio-economic development and regional integration The future of Hong Kong. This book provides a thorough introduction to Hong Kong today. As such, it will be invaluable to students and scholars of Hong Kong’s politics, culture and society. It will also be of interest to those studying Chinese political development and the impact of China’s rise more generally.
Book Synopsis The Economic Roots of the Umbrella Movement in Hong Kong by : Louis Augustin-Jean
Download or read book The Economic Roots of the Umbrella Movement in Hong Kong written by Louis Augustin-Jean and published by Routledge. This book was released on 2018-02-15 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the autumn of 2014, thousands of people, young and educated in their majority, occupied the chief business district and seat of the government in Hong Kong. The protest, known as the Umbrella Movement, called for ‘genuine democracy’, as well as a fairer social and economic system. The book aims to provide a dynamic framework to explain why socioeconomic forces converged to produce such a situation. Examining increasing inequality, rising prices and stagnating incomes, it stresses the role of economic and social factors, as opposed to the domestic political and constitutional issues often assumed to be the root cause behind the protests. It first argues that globalization and the increasing influence of China’s economy in Hong Kong has weighted on salaries. Second, it shows that the oligopolistic nature of the local economy has generated rents, which have reinforced inequality. The book demonstrates that the younger generation, which is still finding its place in society, has been particularly affected by these phenomena, especially with social mobility at a low point. Offering a new approach to studying the Umbrella Movement, this book will appeal to students and scholars interested in Hong Kong's political landscape, as well Chinese politics more broadly.
Book Synopsis Hong Kong in the Shadow of China by : Richard C. Bush
Download or read book Hong Kong in the Shadow of China written by Richard C. Bush and published by Brookings Institution Press. This book was released on 2016-10-11 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: A close-up look at the struggle for democracy in Hong Kong. Hong Kong in the Shadow of China is a reflection on the recent political turmoil in Hong Kong during which the Chinese government insisted on gradual movement toward electoral democracy and hundreds of thousands of protesters occupied major thoroughfares to push for full democracy now. Fueling this struggle is deep public resentment over growing inequality and how the political system—established by China and dominated by the local business community—reinforces the divide been those who have profited immensely and those who struggle for basics such as housing. Richard Bush, director of the Brookings Institution’s Center on East Asia Policy Studies, takes us inside the demonstrations and the demands of the demonstrators and then pulls back to critically explore what Hong Kong and China must do to ensure both economic competitiveness and good governance and the implications of Hong Kong developments for United States policy.
Book Synopsis Contemporary Hong Kong Government and Politics by : Wai-man Lam
Download or read book Contemporary Hong Kong Government and Politics written by Wai-man Lam and published by Hong Kong University Press. This book was released on 2012-07-01 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title describes the present political system and development in Hong Kong. The second edition assesses the main strands of continuity and change in Hong Kong's government and politics since the creation of the Hong Kong Special Administrative Region in 1997.
Book Synopsis Homeownership in Hong Kong by : Chung-kin Tsang
Download or read book Homeownership in Hong Kong written by Chung-kin Tsang and published by Routledge. This book was released on 2021-05-24 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book studies the cultural framework of the connections between homeownership and social stability in Hong Kong. In the post-war period, homeownership became the most preferable housing choice in developed societies, such as Australia, Britain, Japan, Spain, and the United States. In the financialization era, its proliferation aggregated enormous wealth and debt in the housing and mortgage markets, affecting social stability by creating inequality and housing unaffordability. Hong Kong is the most extreme example of this among developed societies – in recent years, the city has made international headlines both for its housing problem and its social instability. By studying the history of homeownership in Hong Kong over a period of four decades, Chung-kin Tsang proposes that homeownership is inseparable from the social imagination of the future, conceptualizing this framework as "hope mechanism". This perspective helps trace the connections between ‘House Buying’ as a hope mechanism – one which is central to subject formation, life goals, and temporal mapping for socially shared life planning – and social stability. Given its unique approach, specifically its use of "hope" as an analytical category, this book will prove to be a useful resource for scholars in economic culture and financialization, and Asian Studies, especially those working on the cultural, sociopolitical, and economic history of Hong Kong.
Book Synopsis Democratization in Hong Kong and China? by : Lynn T. White (III)
Download or read book Democratization in Hong Kong and China? written by Lynn T. White (III) and published by Lynne Rienner Publishers. This book was released on 2016 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hong Kong and its relationship with China make for a uniquely intriguing study in democratization. What has hindered or caused greater popular sovereignty in Hong Kong? Over what time period and under what conditions could further democratization occur? Addressing these questions through the lens of comparative democratization theories, Lynn White explores Hong Kong¿s complicated politics¿and how further democratization in Hong Kong could affect China. Lynn T. White III is professor emeritus and senior research scholar in the Woodrow Wilson Center, Department of Politics, and East Asian Studies Program at Princeton University.
Book Synopsis Political Development in Hong Kong by : Ngok Ma
Download or read book Political Development in Hong Kong written by Ngok Ma and published by Hong Kong University Press. This book was released on 2007-01-01 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reviews the political development of Hong Kong before and after 1997, in particular the evolution of state-society relations in the last two decades, to analyze the slow development of democracy and governance in Hong Kong after 1997. This book is a most comprehensive analysis of the multi-faceted changes in Hong Kong in the last 20 years. The scope of changes analyzed included state functions and institutions, political changes such as party development and development of the Legislative Council, and social changes such as social movements, civil liberties, etc. It helps the reader understand the crisis of governance of Hong Kong after 1997, and the difficulty of democratic development in Hong Kong over the years. The book covers: changing state institutions in Hong Kong in the last few decades; party development in Hong Kong; the changing role and function of the legislature in Hong Kong; the evolution of social movement and movement organizational forms; media freedom, civil liberties, and the role of civil society; and theoretical discussions concerning governance problems and state-society relations in Hong Kong. Special emphasis is placed on how these changes brought about a new state-society relation, which in turn brought governance difficulties after 1997.
Author :Congressional Research Service Publisher :Createspace Independent Publishing Platform ISBN 13 :9781976466953 Total Pages :52 pages Book Rating :4.4/5 (669 download)
Book Synopsis China's Economic Rise by : Congressional Research Service
Download or read book China's Economic Rise written by Congressional Research Service and published by Createspace Independent Publishing Platform. This book was released on 2017-09-17 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.
Book Synopsis A Concise History of Hong Kong by : John M. Carroll
Download or read book A Concise History of Hong Kong written by John M. Carroll and published by Rowman & Littlefield Publishers. This book was released on 2007-06-07 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: When the British occupied the tiny island of Hong Kong during the First Opium War, the Chinese empire was well into its decline, while Great Britain was already in the second decade of its legendary "Imperial Century." From this collision of empires arose a city that continues to intrigue observers. Melding Chinese and Western influences, Hong Kong has long defied easy categorization. John M. Carroll's engrossing and accessible narrative explores the remarkable history of Hong Kong from the early 1800s through the post-1997 handover, when this former colony became a Special Administrative Region of the People's Republic of China. The book explores Hong Kong as a place with a unique identity, yet also a crossroads where Chinese history, British colonial history, and world history intersect. Carroll concludes by exploring the legacies of colonial rule, the consequences of Hong Kong's reintegration with China, and significant developments and challenges since 1997.
Download or read book Shadow Education written by Mark Bray and published by Asian Development Bank. This book was released on 2012-05-01 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: In all parts of Asia, households devote considerable expenditures to private supplementary tutoring. This tutoring may contribute to students' achievement, but it also maintains and exacerbates social inequalities, diverts resources from other uses, and can contribute to inefficiencies in education systems. Such tutoring is widely called shadow education, because it mimics school systems. As the curriculum in the school system changes, so does the shadow. This study documents the scale and nature of shadow education in different parts of the region. Shadow education has been a major phenomenon in East Asia and it has far-reaching economic and social implications.
Download or read book Country Forecast written by and published by . This book was released on 2000 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The 2004 Legislative Council Elections in Hong Kong by : Hsin-chi Kuan
Download or read book The 2004 Legislative Council Elections in Hong Kong written by Hsin-chi Kuan and published by . This book was released on 2006 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Asia, America, and the Transformation of Geopolitics by : William H. Overholt
Download or read book Asia, America, and the Transformation of Geopolitics written by William H. Overholt and published by Cambridge University Press. This book was released on 2007-11-05 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: American security and prosperity now depend on Asia. William H. Overholt offers an iconoclastic analysis of developments in each major Asian country, Asian international relations, and US foreign policy. Drawing on decades of political and business experience, he argues that obsolete Cold War attitudes tie the US increasingly to an otherwise isolated Japan and obscure the reality that a US-Chinese bicondominium now manages most Asian issues. Military priorities risk polarizing the region unnecessarily, weaken the economic relationships that engendered American preeminence, and ironically enhance Chinese influence. As a result, US influence in Asia is declining. Overholt disputes the argument that democracy promotion will lead to superior development and peace, and forecasts a new era in which Asian geopolitics could take a drastically different shape. Covering Japan, China, Russia, Central Asia, India, Pakistan, Korea, and South-East Asia, Overholt offers invaluable insights for scholars, policy-makers, business people, and general readers.
Book Synopsis Social Movements in China and Hong Kong by : Khun Eng Kuah
Download or read book Social Movements in China and Hong Kong written by Khun Eng Kuah and published by Amsterdam University Press. This book was released on 2009 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Het uitgangspunt van dit boek is dat Chinese individuen van hun eigen inzet uit moeten kunnen gaan, ongeacht de beperkingen die hen door de staat worden opgelegd. Om hun belangen beter te kunnen verdedigen sluiten sommige individuen zich aan bij sociale bewegingen, die tot sociale protesten kunnen leiden.