Fixing Inequality In Hong Kong

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Fixing Inequality in Hong Kong

Author : Yue Chim Richard Wong
Publisher : Hong Kong University Press
ISBN 13 : 9888390678
Total Pages : 315 pages
Book Rating : 4.8/5 (883 download)

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Book Synopsis Fixing Inequality in Hong Kong by : Yue Chim Richard Wong

Download or read book Fixing Inequality in Hong Kong written by Yue Chim Richard Wong and published by Hong Kong University Press. This book was released on 2017-02-01 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: When discussing inequality and poverty in Hong Kong, scholars and politicians often focus on the failures of government policy and push for an increase in social welfare. Richard Wong argues in Fixing Inequality in Hong Kong that universal retirement support, minimum wage, and standard hours of work are of limited effect in shrinking the inequality gap. By comparing Hong Kong with Singapore, he points out that Hong Kong needs a new and long-term strategy on human resource policy. He recommends more investment in education, focusing on early education and immigration policy reforms to attract highly educated and skilled people to join the workforce. In analyzing what causes inequality, this book ties disparate issues together into a coherent framework, such as Hong Kong’s aging population, lack of investment in human capital, and family breakdowns. Rising divorce rates among low-income households have worsened the housing shortage, driving rents and property prices upwards. Housing problems have created a bigger gap between those who own housing and have the ability to invest in their children’s human capital and those who cannot, thus adversely impacting intergenerational upward mobility. This is the third of Richard Wong’s collections of articles on society and economy in Hong Kong. Diversity and Occasional Anarchy and Hong Kong Land for Hong Kong People, published by Hong Kong University Press in 2013 and 2015 respectively, discuss growing economic and social contradictions in Hong Kong and current housing problems and their solutions.

Fixing Inequality in Hong Kong

Author : Yue Chim Richard Wong
Publisher :
ISBN 13 : 9789888390373
Total Pages : 298 pages
Book Rating : 4.3/5 (93 download)

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Book Synopsis Fixing Inequality in Hong Kong by : Yue Chim Richard Wong

Download or read book Fixing Inequality in Hong Kong written by Yue Chim Richard Wong and published by . This book was released on 2017 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: When discussing inequality and poverty in Hong Kong, scholars and politicians often focus on the failures of government policy and push for an increase in social welfare. Richard Wong argues in Fixing Inequality in Hong Kong that universal retirement support, minimum wage, and standard hours of work are of limited effect in alleviating inequality. By comparing Hong Kong with Singapore, he points out that Hong Kong needs a new and long-term strategy on human resource policy. He recommends more investment in education, starting with early education and immigration policy reforms to attract highly educated and skilled people to join the workforce. In analyzing what causes inequality, this book ties disparate issues together into a coherent framework, such as Hong Kong's aging population, lack of investment in human capital, and family breakdowns. Rising divorce rates among low-income households have created a shortage of housing, driving rents and property prices upwards, and enlarging the wealth gap between those who own housing and those who do not, thus causing intergenerational upward mobility. This is the third of Richard Wong's collections of articles on society and economy in Hong Kong. Diversity and Occasional Anarchy and Hong Kong Land for Hong Kong People, published by Hong Kong University Press in 2013 and 2015 respectively, discuss growing contradictions in Hong Kong's economy and current housing problems as well as their solutions.

The Freest Market in the World

Author : Gonzalo Villalta Puig
Publisher : Taylor & Francis
ISBN 13 : 1000823989
Total Pages : 204 pages
Book Rating : 4.0/5 (8 download)

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Book Synopsis The Freest Market in the World by : Gonzalo Villalta Puig

Download or read book The Freest Market in the World written by Gonzalo Villalta Puig and published by Taylor & Francis. This book was released on 2023-02-22 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: On the 25th anniversary of the establishment of the Hong Kong Special Administrative Region of the People’s Republic of China, this book presents the first monographic study of the Hong Kong Basic Law as an economic document. The Basic Law codifies what Gonzalo Villalta Puig and Eric C Ip call free market constitutionalism, the logic of Hong Kong’s economic liberty as the freest market economy in the world. This book, which is the outcome of several years of study with the financial support of the General Research Fund of Hong Kong’s Research Grants Council, evaluates the public choice rationale of the Basic Law and its projection on the Hong Kong economy, with a focus on the policy development of economic liberty both internally and externally. In the academic tradition of James M Buchanan’s constitutional political economy, the book opens with a conceptualisation of free market constitutionalism in Hong Kong. It studies the origins of this concept in the 19th-century classically liberal common law and how it developed into a Hayekian laissez-faire convention under British colonial rule, was codified into the Basic Law and is interpreted and applied by the branches of the Government of the Region. The book closes with remarks on the future of Hong Kong’s free market constitutionalism in face of recent challenges as the year 2047 approaches and the 50 years of ‘unchanged’ capitalist system under the Basic Law pass. This book will appeal to students, scholars and practitioners of law, economics, political science and public administration. It will especially appeal to those with an interest in Hong Kong law, international economic law or comparative constitutional law.

Social Unrest and the Poverty Problem in Hong Kong

Author : Paul Siu Fai Yip
Publisher : Springer Nature
ISBN 13 : 981336629X
Total Pages : 240 pages
Book Rating : 4.8/5 (133 download)

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Book Synopsis Social Unrest and the Poverty Problem in Hong Kong by : Paul Siu Fai Yip

Download or read book Social Unrest and the Poverty Problem in Hong Kong written by Paul Siu Fai Yip and published by Springer Nature. This book was released on 2021-02-27 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the policy and public health challenges in Hong Kong from the perspective of economic and social welfare challenges, specifically focusing on the poverty and inequality research supported by the Hong Kong Jockey Club (HKJC) Charities Trust. Conducted by Prof Yip and his research team at the HKJC’s Centre for Suicide Research and Prevention at the University of Hong Kong across a five-year period, the book presents analyses based on high quality statistical data to explore some of the socioeconomic roots of the civil unrest in 2019, while also acknowledging the limitations and challenges of trying to build a stronger society under the constraints of the One Country Two Systems policy. Building on extensive research done by the research team and some governmental data, it provides concrete, evidence-based suggestions for reducing poverty in a high-income society, which are useful not only for Hong Kong but also for other societies experiencing similar challenges. It makes an original contribution to research into inequalities, poverty and social policies, and will be of interest to those seeking to understand the ongoing political challenges in Hong Kong and how they relate to the socioeconomic challenges and policies that affect the everyday lives of ordinary people there. It is relevant to academics, students and policymakers concerned with social inequalities and policy intervention.

Fair Society, Healthy Lives

Author : Michael Marmot
Publisher : Olschki
ISBN 13 : 9788822262516
Total Pages : 74 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Fair Society, Healthy Lives by : Michael Marmot

Download or read book Fair Society, Healthy Lives written by Michael Marmot and published by Olschki. This book was released on 2013 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:

What's Wrong with the WTO and How to Fix It

Author : Rorden Wilkinson
Publisher : John Wiley & Sons
ISBN 13 : 0745686443
Total Pages : 261 pages
Book Rating : 4.7/5 (456 download)

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Book Synopsis What's Wrong with the WTO and How to Fix It by : Rorden Wilkinson

Download or read book What's Wrong with the WTO and How to Fix It written by Rorden Wilkinson and published by John Wiley & Sons. This book was released on 2014-10-07 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: We need a world trade organization. We just don't need the one that we have. By pitching unequally matched states together in chaotic bouts of negotiating the global trade governance of today offers - and has consistently offered - developed countries more of the economic opportunities they already have and developing countries very little of what they desperately need. This is an unsustainable state of affairs to which the blockages in the Doha round provide ample testimony. So far only piecemeal solutions have been offered to refine this flawed system. Radical proposals that seek to fundamentally alter trade governance or reorient its purposes around more socially progressive and egalitarian goals are thin on the ground. Yet we eschew deeper reform at our peril. In What's Wrong with the World Trade Organization and How to Fix It Rorden Wilkinson argues that without global institutions fit for purpose, we cannot hope for the kind of fine global economic management that can put an end to major crises or promote development-for-all. Charting a different path he shows how the WTO can be transformed into an institution and a form of trade governance that fulfils its real potential and serves the needs of all.

The Discursive Politics of Gender Equality

Author : Emanuela Lombardo
Publisher : Routledge
ISBN 13 : 1134031122
Total Pages : 238 pages
Book Rating : 4.1/5 (34 download)

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Book Synopsis The Discursive Politics of Gender Equality by : Emanuela Lombardo

Download or read book The Discursive Politics of Gender Equality written by Emanuela Lombardo and published by Routledge. This book was released on 2009-06-02 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Adopting a critical perspective, this book explores how the concept of gender equality is ‘stretched and bent’ in different ways according to the intervention of policy actors and assesses the consequences of the processes the policy-framing.

22 Ideas to Fix the World

Author : Piotr Dutkiewicz
Publisher : NYU Press
ISBN 13 : 1479860980
Total Pages : 480 pages
Book Rating : 4.4/5 (798 download)

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Book Synopsis 22 Ideas to Fix the World by : Piotr Dutkiewicz

Download or read book 22 Ideas to Fix the World written by Piotr Dutkiewicz and published by NYU Press. This book was released on 2013-09-09 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aftershocks of the 2008 financial crisis still reverberate throughout the globe. Markets are down, unemployment is up, and nations from Greece to Ireland find their very infrastructure on the brink of collapse. There is also a crisis in the management of global affairs, with the institutions of global governance challenged as never before, accompanied by conflicts ranging from Syria, to Iran, to Mali. Domestically, the bases for democratic legitimacy, social sustainability, and environmental adaptability are also changing. In this unique volume from the World Public Forum Dialogue of Civilizations and the Social Science Research Council, some of the world’s greatest minds—from Nobel Prize winners to long-time activists—explore what the prolonged instability of the so-called Great Recession means for our traditional understanding of how governments can and should function. Through interviews that are sure to spark lively debate, 22 Ideas to Fix the World presents both analysis of past geopolitical events and possible solutions and predictions for the future. The book surveys issues relevant to the U.S., Europe, Asia, Africa, and the Middle East. Speaking from a variety of perspectives, including economic, social, developmental, and political, the discussions here increase our understanding of what’s wrong with the world and how to get it right. Interviewees explore topics like the Arab Spring, the influence of international financial organizations, the possibilities for the growth of democracy, the acceleration of global warming, and how to develop enforceable standards for market and social regulation. These inspiring exchanges from some of our most sophisticated thinkers on world policy are honest, brief, and easily understood, presenting thought-provoking ideas in a clear and accessible manner that cuts through the academic jargon that too often obscures more than it reveals. 22 Ideas to Fix the World is living history in the finest sense—a lasting chronicle of the state of the global community today. Interviews with: Zygmunt Bauman, Shimshon Bichler & Jonathan Nitzan, Craig Calhoun, Ha-Joon Chang, Fred Dallmayr, Mike Davis, Bob Deacon, Kemal Dervis, Jiemian Yang, Peter J. Katzenstein, Ivan Krastev, Will Kymlicka, Manuel F. Montes, José Antonio Ocampo, Vladimir Popov, Jospeh Stiglitz, Olzhas Suleimenov, Jomo Kwame Sundaram, Immanuel Wallerstein, Paul Watson, Vladimir Yakunin, Muhammad Yunus

The Economic Roots of the Umbrella Movement in Hong Kong

Author : Louis Augustin-Jean
Publisher : Routledge
ISBN 13 : 1351255495
Total Pages : 169 pages
Book Rating : 4.3/5 (512 download)

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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.

Inequality

Author : Anthony B. Atkinson
Publisher : Harvard University Press
ISBN 13 : 0674287037
Total Pages : 398 pages
Book Rating : 4.6/5 (742 download)

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Book Synopsis Inequality by : Anthony B. Atkinson

Download or read book Inequality written by Anthony B. Atkinson and published by Harvard University Press. This book was released on 2015-05-11 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inequality and poverty have returned with a vengeance in recent decades. To reduce them, we need fresh ideas that move beyond taxes on the wealthy. Anthony B. Atkinson offers ambitious new policies in technology, employment, social security, sharing of capital, and taxation, and he defends them against the common arguments and excuses for inaction.

The One Pill Fix

Author : Andy Kirkwood
Publisher : Xlibris Corporation
ISBN 13 : 198459558X
Total Pages : 354 pages
Book Rating : 4.9/5 (845 download)

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Book Synopsis The One Pill Fix by : Andy Kirkwood

Download or read book The One Pill Fix written by Andy Kirkwood and published by Xlibris Corporation. This book was released on 2021-02-17 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: A journey of discovery, exploring the pressing issues impacting our planet and our lives while suggesting simple solutions for each, something successive governments have failed to do. The realisation that governments’ inability to address problems is deliberate, disguised by the pretence of incompetence, reveals a corrupt source, a hidden cancer, the removal of which would resolve many of mankind’s struggles for peace, equality and a healthy environment at a stroke. How....? 'The One Pill Fix.'

Inequality in China – Trends, Drivers and Policy Remedies

Author : Ms.Sonali Jain-Chandra
Publisher : International Monetary Fund
ISBN 13 : 1484357531
Total Pages : 31 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Inequality in China – Trends, Drivers and Policy Remedies by : Ms.Sonali Jain-Chandra

Download or read book Inequality in China – Trends, Drivers and Policy Remedies written by Ms.Sonali Jain-Chandra and published by International Monetary Fund. This book was released on 2018-06-05 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has experienced rapid economic growth over the past two decades and is on the brink of eradicating poverty. However, income inequality increased sharply from the early 1980s and rendered China among the most unequal countries in the world. This trend has started to reverse as China has experienced a modest decline in inequality since 2008. This paper identifies various drivers behind these trends – including structural changes such as urbanization and aging and, more recently, policy initiatives to combat it. It finds that policies will need to play an important role in curbing inequality in the future, as projected structural trends will put further strain on equity considerations. In particular, fiscal policy reforms have the potential to enhance inclusiveness and equity, both on the tax and expenditure side.

Fixing the Moral Deficit

Author : Ronald J. Sider
Publisher : InterVarsity Press
ISBN 13 : 0830869735
Total Pages : 177 pages
Book Rating : 4.8/5 (38 download)

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Book Synopsis Fixing the Moral Deficit by : Ronald J. Sider

Download or read book Fixing the Moral Deficit written by Ronald J. Sider and published by InterVarsity Press. This book was released on 2012-03-23 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: The national deficit is certainly a crisis. But alongside it a moral deficit is exploding as well. Some want to unjustly thrust the burden of the debt on our grandchildren. Others want to balance the budget on the backs of the poor. But both plans are morally bankrupt. There is a way--a realistic way, a moral way--to fix the deficit. We can break political gridlock with solutions that stand on a foundation of solid values and fair play. If you are tired of politics as usual that fails to operate as if people mattered, take heart in Ron Sider's balanced, practical approach. Consistent with deeply Christian principles, he offers a way forward that truly provides justice for all.

Hong Kong Land for Hong Kong People

Author : Yue Chim Richard Wong
Publisher : Hong Kong University Press
ISBN 13 : 9888208659
Total Pages : 234 pages
Book Rating : 4.8/5 (882 download)

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Book Synopsis Hong Kong Land for Hong Kong People by : Yue Chim Richard Wong

Download or read book Hong Kong Land for Hong Kong People written by Yue Chim Richard Wong and published by Hong Kong University Press. This book was released on 2015-01-01 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hong Kong is one of the world’s most densely populated cities. Land supply, property values, and housing provision are inextricably linked with the city’s economic growth and questions of economic equality. In Hong Kong Land for Hong Kong People, Yue Chim Richard Wong traces the history of Hong Kong’s postwar housing policy. He then discusses current housing problems and their solutions, drawing on examples from around the world. Wong argues that housing policy in Hong Kong, with its multiple, often incompatible objectives, and its focus on supply over demand, can no longer satisfy the needs of a diverse and dynamic population. He recommends three simple low-cost policies to promote homeownership and social mobility: sell public rental housing units to the sitting tenants; make subsidized homes more affordable; and reform the public housing program along lines adopted in Singapore, where government-built housing may be resold or leased in a free market. This is the second of Richard Wong’s collections of articles on society and economy in Hong Kong. The first, Diversity and Occasional Anarchy, published by Hong Kong University Press in 2013, examines the growing contradictions in Hong Kong’s economy predicament in historical context.

The Fix

Author : Jonathan Tepperman
Publisher : Crown
ISBN 13 : 110190299X
Total Pages : 322 pages
Book Rating : 4.1/5 (19 download)

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Book Synopsis The Fix by : Jonathan Tepperman

Download or read book The Fix written by Jonathan Tepperman and published by Crown. This book was released on 2016-09-20 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: We all know the bad news. Our economies are stagnant. Wages are flat and income inequality keeps rising. The Middle East is burning and extremism is spreading. Frightened voters are embracing populist outsiders and angry nationalists. And no wonder: we are living in an age of unprecedented, irreversible decline—or so we’re constantly being told. Jonathan Tepperman’s The Fix presents a very different picture. It identifies ten pervasive and seemingly impossible challenges—including immigration reform, economic stagnation, political gridlock, corruption, and Islamist extremism—and shows that, contrary to the general consensus, each has a solution, and not merely a hypothetical one. By taking a close look at overlooked success stories—from countries as diverse as Canada, Botswana, and Indonesia—Tepperman discovers practical advice for problem-solvers of all stripes, making a data-driven case for optimism in a time of crushing pessimism.

People’s Republic of China-Hong Kong Special Administrative Region

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1484395778
Total Pages : 32 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis People’s Republic of China-Hong Kong Special Administrative Region by : International Monetary Fund. Asia and Pacific Dept

Download or read book People’s Republic of China-Hong Kong Special Administrative Region written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2019-01-24 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper discusses income inequality in Hong Kong Special Administrative Region (SAR). Income inequality in Hong Kong SAR remains high, despite declining recently. Redistributive policies implemented by the authorities have helped to lower income inequality. However, inequality is likely to rise in the medium-term due to aging and thus more needs to be done. A package of policies could lower the Gini index by 3–4 points by 2050 including: more progressive salaries tax; higher reliance on recurrent property taxes; and increased public expenditure on social welfare, health, housing, education and childcare. According to recent evidence in the literature, these policies could also boost growth by 0.2–0.5 percentage points per year. Public spending on social welfare could continue to be raised to boost redistribution and increase access of poorer households. Spending on education and childcare should be raised to help lower the market income inequality directly. The commissioned study aiming to determine the demand and supply for childcare services and map out the long-term service development programs, as well as the initiatives mentioned in the 2018 Policy Address, should help in this regard.

Restarting the Future

Author : Jonathan Haskel
Publisher : Princeton University Press
ISBN 13 : 0691236038
Total Pages : 320 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Restarting the Future by : Jonathan Haskel

Download or read book Restarting the Future written by Jonathan Haskel and published by Princeton University Press. This book was released on 2023-10-03 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the acclaimed authors of Capitalism without Capital, radical ideas for restoring prosperity in today’s intangible economy The past two decades have witnessed sluggish economic growth, mounting inequality, dysfunctional competition, and a host of other ills that have left people wondering what has happened to the future they were promised. Restarting the Future reveals how these problems arise from a failure to develop the institutions demanded by an economy now reliant on intangible capital such as ideas, relationships, brands, and knowledge. In this groundbreaking and provocative book, Jonathan Haskel and Stian Westlake argue that the great economic disappointment of the century is the result of an incomplete transition from an economy based on physical capital, and show how the vital institutions that underpin our economy remain geared to an outmoded way of doing business. The growth of intangible investment has slowed significantly in recent years, making the world poorer, less fair, and more vulnerable to existential threats. Haskel and Westlake present exciting new ideas to help us catch up with the intangible revolution, offering a road map for how to finance businesses, improve our cities, fund more science and research, reform monetary policy, and reshape intellectual property rules for the better. Drawing on Haskel and Westlake’s experience at the forefront of finance and economic policymaking, Restarting the Future sets out a host of radical but practical solutions that can lead us into the future.