Download or read book Economic Freedom Lessons Of Hong Kong written by Kui-wai Li and published by World Scientific Publishing Company. This book was released on 2012-07-03 with total page 802 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hong Kong has been one of the fastest growing East Asian economies since the end of the Second World War. The adoption and practice of economic freedom have been major pillars in its economic success. Indeed, the experience of Hong Kong has served as a reference for other emerging economies in the region. The scope of the book elaborates the context and ingredients of economic freedom that have brought success and prosperity to Hong Kong. With sovereignty reversion to China in 1997, it is even more relevant to see how economic freedom is shaping and adapting to the new environment.There exist a number of economic indices based on economic freedom. Hong Kong has been ranked as the freest economy in the world for a number of consecutive years. While the economic freedom indices compare the performance of a large number of word economies, there is a lack of economic literature that studies the absolute level of economic freedom of a single economy. This book boldly serves the purpose of elaborating on the absolute performance of economic freedom in the world's freest economy. It is, therefore, the first of its kind and unique in its field. Numerous areas of studies related to economic freedom are examined, studied and elaborated so that readers can have a full and comprehensive understanding of the content of economic freedom in Hong Kong.
Download or read book Hong Kong written by Alvin Rabushka and published by Chicago : University of Chicago, Graduate School of Business. This book was released on 1979 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Freedom in Hong Kong written by Anson Chan and published by . This book was released on 2000 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Hong Kong a Study in Economic Freedom the 1976 77 William H Abbott Lectures in International Business and Economics written by University of Chicago. Graduate School of Business and published by . This book was released on 1979 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Hong Kong written by Alvin Rabushka and published by . This book was released on 1979 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Constitution of Economic Liberty in Hong Kong written by Eric C. Ip and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The constitutional foundations of economic liberty in Hong Kong, the freest economy in the world according to many, are little understood. So as the perceived spread of collusion, cronyism, and corruption in the territory ever since the 1997 transfer of sovereignty despite China's promises that little change will be made to the pre-existing way of life. Relying on the analytical tools of constitutional economics, this article argues that the Beijing-ratified Hong Kong Basic Law preserved only the form of the territory's original, British-descended, constitution, not the substance; as witness the insertion of contradictory interventionist mandates, and the consequent reversal of principal-agent relationship of government to the business elite. The erosion of economic freedom over the past 17 years is explicable, at least partly, by the entry into force of the Basic Law, which has transformed the Hong Kong state from the impartial and passive umpire it once was into a partisan social engineer and economic gamesman, thereby unleashing skyrocketing rent-seeking opportunities.
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.
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.
Download or read book The Rule of Law Economic Development and Corporate Governance written by Nadia E. Nedzel and published by Edward Elgar Publishing. This book was released on 2020-08-28 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Grounded in history and written by a law professor, this book is a scholarly yet jargon-free explanation of the differences between the common and civil law concepts of the rule of law, and details how they developed out of two different cultural views of the relationships between law, individuals, and government. The author shows how those differences lead to differences in economic development, entrepreneurship, and corporate governance.
Download or read book Emerging Adulthood in Hong Kong written by Chau-kiu Cheung and published by Routledge. This book was released on 2017-09-22 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: How emerging adults, broadly referring to those aged from 18 to 29 years old, fare in civic engagement, as compared with other adults is the focus of the present work. The work takes civic engagement to comprise prosociality in civil society, sustaining social institutions, and challenging institutions. Delineating a theoretical framework based on voluntaristic theory, the work expects to find differences in civic engagement due to the voluntaristic mechanisms of power realization, utilitarian optimization, normative conformity, and idealistic consistency maintenance in the emerging adult, as compared with the other. Using survey data from 25,878 Chinese adults in Hong Kong, the work illustrates that the emerging adult is higher than is the other in challenging social institutions, notably in terms radicalism and occupying protest. Moreover, the emerging adult is less prosocial in terms in community participation. Meanwhile, the emerging adult is not consistently different from the other in sustaining social institutions. The findings are crucial, given the control various background characteristics, including age, education, marriage, and employment. These findings are therefore useful for illustrating social forces postulated in voluntaristic theory for explaining civic engagement.
Download or read book Pathways to Freedom written by Isobel Coleman and published by Council on Foreign Relations Press. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Many developing countries have launched transitions from authoritarianism to democracy over the past twenty-five years. While some have succeeded in building relatively strong democracies with shared prosperity, others have stumbled. As a wave of change continues to unfold across the Middle East, Africa, and Asia, the policy-relevant insights that can be gleaned from recent transitions are more salient than ever. Through case studies on Brazil, Indonesia, Mexico, Nigeria, Poland, South Africa, Thailand, and Ukraine, Pathways to freedom explores the structural factors and policy choices that shaped eight important transitions--some successful, others less so. The case studies focus on six themes: socioeconomic inclusion and exclusion, economic structure and policies, civil society and media, legal system and rule of law, government structure, and education and demography. Additional chapters examine these themes in light of the quantitative evidence on democratization and highlight concrete policy recommendations from across the case studies. With concise historical analysis and forward-looking prescriptions, Pathways to freedom offers an authoritative and accessible look at what countries must do to build durable and prosperous democracies--and what the United States and others can do to help"--Back cover.
Download or read book Economic Liberalism and the Developmental State written by Bryan Cheang and published by Springer Nature. This book was released on 2022-11-10 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a fresh perspective on the debate over the role of the state in East Asia’s development history. Comparing the post-war development policies of Singapore and Hong Kong, it argues that their strong economic performances preceded and persisted despite, not because of, developmental state policies. While both nations are not pure free markets, the Hong Kong economy comes closer to that ideal and exhibited clear advantages over state-driven Singapore, in terms of greater levels of indigenous entrepreneurship, productivity and innovation. The book highlights the complex ways in which states penetrate markets, which are often neglected in liberal accounts of Hong Kong and Singapore as ‘free-market success stories’. At the same time, it also stands as a cautionary tale on the use of non-comprehensive development planning in the twenty-first century, where an unprecedented degree of complexity complicates economic policy and industrial upgrading. The book renews the case for economic liberalism in development policy through a unique Asian cultural lens.
Download or read book Business and Politics in Asia s Key Financial Centres written by J. J. Woo and published by Springer. This book was released on 2015-12-14 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides unique insights into the politics of finance and the socio-political relations which drive financial policymaking in Hong kong, Singapore, and Shanghai. While the existing literature in the field focuses mainly on economic explanations for financial centre development, this book fills a gap by focusing on the socio-political relations which underpin the financial policy-making process. Drawing on extensive interviews with senior policy-makers and financial sector professionals, the book describes how state-industry relations drive financial policy-making in three major financial hubs. Insights and policy recommendations drawn from these interviews will be particularly useful for policy-makers and financial sector professionals hoping to draw lessons from the successful development of the three leading Asian financial centres. Business and Politics in Asia's Key Financial Centres draws on public policy theoretical frameworks for its analytical basis. The three chapters focusing on the historical development of Hong Kong, Singapore, and Shanghai also provide a consolidated narrative with regard to the development of these three cities as leading financial centres, while also serving as independent case studies. Scholars focusing on policy processes and political factors that underpin financial sector development, as well as instructors and students of public policy, international political economy, and financial sector policy, will find this book useful for their research.
Download or read book Why Hong Kong mitigated the worst impact of the 1997 Asian financial crisis written by Ruoxi Zhang and published by Scientific Research Publishing, Inc. USA. This book was released on 2019-03-20 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: The three main research questions posed in this thesis are: (i) What were Hong Kong’s strategies in mitigating the worst impact of the crisis? (ii) Why did Hong Kong commit to the resilience of its currency? (iii) Was the recovery due to luck or deliberate interventions? These questions are answered by a combination of statistical, qualitative, and economic indicator methods. Specifically, the Structural Vector AutoRegressive (SVAR) model is imposed to study the contemporaneous relationships between the real and the financial sectors. This study then draws on data collected from 20 semi-structured interviews with informed commentators to investigate reasons for the resilience of the Hong Kong dollar. Before conclusion, the Kaminsky-Lizondo-Reinhart (KLR) signal approach is employed to forecast future currency crises. The analysis shows that: (i) Hong Kong mitigated the negative effects of the crisis through timely and appropriate interventions; (ii) committing to its position as an international financial centre, Hong Kong defended its currency persistence; (iii) mainland China contributed in underwriting pronouncements to enhance regional confidence given the reunification. Enlightened by Hong Kong’s experience, exposure to currency crises can be reduced with prudent policy interventions, trans-regional co-operation, and the backing of a large and cash-strapped partner.
Download or read book China in the New Millennium written by James A. Dorn and published by Cato Institute. This book was released on 1998 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: China is expected to become the world's largest economy in less than two decades. Whether it does so will depend on continued growth of the non-state sector and how well China adapts to global market forces. The essays in this volume consider the state of China's economic reforms, the institutional changes necessary for China to become a global economic power, and the interplay between market reforms and social development in China.
Download or read book Conceptual Economics The Liaising Role In Politics And Social Sciences written by Kui-wai Li and published by World Scientific. This book was released on 2021-01-18 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given that there is no shortage of economic theories while economic problems are growing periodically, Conceptual Economics boldly attempts to initiate a new approach by employing conceptual and intuitive tools to examine the intra-relationship between microeconomics and macroeconomics as well as the inter-relationship between economic analysis and other social science studies, especially the relationship with political science. The few intuitive ideas include the separation between ex-ante situations and ex-post outcomes, the difference between endowment differences and unequal outcomes, and the role of economics as a vehicle in the delivery of numerous social and political activities. The discussion extends to cover an analysis on human values and concludes with a recommendation on the functionality of civic capitalism. With intuition and analytical reasoning within economics and with other social sciences, Conceptual Economics can become a new branch in economic study where scholars, analysts and intellectuals could 'think outside the box' by liaising a wider economic perspective and/or amalgamating non-economic aspects into their analysis. This shall provide a new dimension to solving human economic problems and possibly area of intellectuality.
Download or read book Hong Kong under Chinese Rule written by Warren I. Cohen and published by Cambridge University Press. This book was released on 1997-05-28 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: The focus of this book is the impact Chinese control is likely to have on Hong Kong's role in the international economic system, and how the business community will be affected. Issues of trade and finance, of political economy, and concerns about Chinese respect for the rule of law predominate. The result is a balanced analysis of a sensitive subject: the prospects for Hong Kong's continued success and freedom.
