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The world economic landscape has experienced seismic changes in the 15 years after restoration of sovereignty over Hong Kong from Britain to China. Fortunately the Hong Kong economy has remained steadfast and is still making progress, but public confidence in the governance of the SAR government has declined, and economic and social dissatisfaction have flared. Where should Hong Kong go from here in the face of all kinds of contradictions? Economist Yue Chim Richard Wong provides an analysis of the origins of these contradictions and shares his insights on these issues. All those concerned about Hong Kong’s future should not miss this collection of essays.

Table of Contents

  1. Cover
  2. pp. 1-1
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  1. Title Page, Copyright
  2. pp. 2-7
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  1. Contents
  2. pp. vii-viii
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  1. Illustrations
  2. pp. ix-xii
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  1. Foreword
  2. pp. xiii-xiv
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  1. Foreword
  2. pp. xv-xvi
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  1. Foreword
  2. pp. xvii-xviii
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  1. Preface
  2. pp. xix-xxii
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  1. Part I: Introduction
  2. pp. 1-2
  1. 1: The Panama Syndrome and the Origins of Deep Contradictions
  2. pp. 3-24
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  1. 2: Contradictions in the Policy Environment
  2. pp. 25-32
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  1. 3: Growing as a Part of China: A Historical Perspective
  2. pp. 33-48
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  1. Part II: Starting Points: Monetary Policy, Population Policy, and Economic Change
  2. pp. 49-50
  1. 4: External Shocks and Price Stability under the Linked Rate
  2. pp. 51-58
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  1. 5: Why the Present Budget Policy Is Still the Most Sensible
  2. pp. 59-66
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  1. 6: Looming Population Challenges
  2. pp. 67-76
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  1. 7: Economic Competition and Structural Change
  2. pp. 77-84
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  1. Part III: Conditions Affecting Growth and Innovation
  2. pp. 85-86
  1. 8: Global Economic Integration and the Distribution of Housing Wealth
  2. pp. 87-94
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  1. 9: Diversity and Occasional Anarchy: The Key to a Great City
  2. pp. 95-102
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  1. 10: Cities, Human Capital, and Economic Development
  2. pp. 103-112
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  1. 11: On the Creative and Innovative Economy
  2. pp. 113-120
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  1. Part IV: Politics and Regulation
  2. pp. 121-122
  1. 12: Core Values, Functional Constituencies, and the Democratic Principle
  2. pp. 123-130
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  1. 13: Simple Ideas in Political Economy
  2. pp. 131-138
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  1. 14: Taxation, Regulation, and the Rational Politician
  2. pp. 139-146
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  1. 15: Why Is Housing So Expensive?
  2. pp. 147-154
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  1. Part V: Contradictions in Quality of Life Issues
  2. pp. 155-156
  1. 16: Education for Equality and Growth
  2. pp. 157-166
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  1. 17: On Public Health Care Finances
  2. pp. 167-174
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  1. 18: Mandatory Provident Fund Needs Reform
  2. pp. 175-180
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  1. 19: Can We Afford Old Age Social Security?
  2. pp. 181-188
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  1. 20: Economic Consequences of Universal Old Age Social Pensions
  2. pp. 189-196
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  1. Part VI: Resolving a Critical Deep Contradiction
  2. pp. 197-198
  1. 21: How Can We Get out of the Housing Quandary?
  2. pp. 199-208
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  1. 22: Why Reforming Subsidized Housing Makes Sense
  2. pp. 209-216
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  1. About the Author
  2. pp. 217-218
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Additional Information

ISBN
9789888180349
Related ISBN
9789888139446
MARC Record
OCLC
854766444
Pages
208
Launched on MUSE
2013-10-21
Language
English
Open Access
No
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