Download or read book The Economic Growth of Hong Kong the China Factor written by Shui Cheung So and published by . This book was released on 1990 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Study of the Economic Growth of Hong Kong and the Future Prospects Great China Factor written by Hon-Lun Lau and published by . This book was released on 1991 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Growth of Hong Kong Before and After Its Reversion to China written by Yun Wing Sung and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper focuses on the Hong Kong economy and attempts to measure the contribution of Hong Kong's integration with mainland China to its GDP growth rate. Two linkages have received particular attention, namely, Hong Kong's foreign direct investment (FDI) in China and immigrants from China. While the former is assumed to stimulate capital investment in Hong Kong but at the same time to reduce human capital formation (owing to a shrinkage of its domestic manufacturing sector), the latter is assumed to further reduce Hong Kong's average human capital because immigrants tend to be less educated. By making some assumptions about the future trajectories of Hong Kong direct investment in China and Chinese immigrants into Hong Kong after its reversion to China, the paper offers some predictions about Hong Kong's future economic growth.
Download or read book China Factors written by Gordon Cheung and published by Routledge. This book was released on 2017-07-28 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: China Factors offers a first-hand perspective on political and socio-economic changes in Hong Kong after the official changeover to control by China. It reflects the author's observations, personal encounters, interviews, and experiences, especially after 1997 when the changeover occurred, and also when the Asian financial crisis emerged.The focus here is on the political economy of Greater China (China, Taiwan, and Hong Kong). The author witnessed the subtle political and economic changes in Hong Kong during the period, and the clear and present influence of China on Hong Kong as well as Taiwan. China Factors illustrates the full import of the rise of China, and the impact of political, social, and economic relations around Greater China.Gordon Cheung shows, the key factors for the region are integration, interdependence, identity, and independence--otherwise known as the four i's. Individually, each factor spurs new directions in the ever-changing political economy of that region. Other factors, such as cross- strait relations, and Hong Kong and Macau's reversion to China, are also creating new interactions within the region. Politically, these China factors challenge traditional bilateral and multilateral relations. Conceptually, they require further investigation, as possible new Chinese interactions with other states may influence regional affairs.Cheung believes the examination of the China factors he identifies here will help to shed light on evolving East Asian relations as well as to spur reexamination of governance of this important region. The book will be of keen interest to specialists in Asian studies, and China in particular, as well as those interested in international affairs and U.S. foreign policy.
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 The Hong Kong Economy written by Kui Wai Li and published by McGraw-Hill Companies. This book was released on 2006 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Modeling Economic Growth in Contemporary Hong Kong written by Michael K. Fung and published by Emerald Group Publishing. This book was released on 2021-01-29 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Serving up fresh insights on Hong Kong's economic growth, this book investigates issues such as housing, immigration, monetary and financial systems, the business environment, and international trade and finance to provide a coherent and comprehensive overview of Hong Kong’s position in the global economy.
Download or read book Hong Kong s Growth Synchronization with China and the U S written by Mr.Dong He and published by International Monetary Fund. This book was released on 2017-07-08 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the synchronization of Hong Kong SAR’s economic growth with mainland China and the United States. This paper identifies trends of economic growth based on the permanent income hypothesis. Specifically, the paper confirms whether real consumption in Hong Kong SAR and mainland China satisfy the permanent income hypothesis, at least in a weak form. It then identifies the permanent and transitory components of income of each economy using a simple state-space model. It uses structural vector autoregression models to analyze how permanent and transitory shocks originating from mainland China and the United States affect the Hong Kong economy, and how such influences evolve over time. The paper’s main findings suggest that transitory shocks from the United States remain a major driving force behind Hong Kong SAR’s business cycle fluctuations. On the other hand, permanent shocks from mainland China have a larger impact on Hong Kong SAR’s trend growth.
Download or read book Hong Kong China written by John Dodsworth and published by International Monetary Fund. This book was released on 1997-09-05 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a detailed account of Hong Kong on the eve of its reintegration into China as a special administrative region. It analyzes recent economic development and provides a clear overview of Hong Kong's economic, financial, institutional, and political circumstances, as well a brief look at its history over the last hundred years. It suggests the changes the economy will undergo in the transition process and what it can expect in the future.
Download or read book The Economic Growth of Hong Kong written by Edward F. Szczepanik and published by London, Oxford University Press. This book was released on 1958 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the John Holmes Library collection.
Download or read book Institutions and Economic Growth in Asia written by Flora Huang and published by Routledge. This book was released on 2018-03-20 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the role of institutions in economic growth, looking in particular at specific Asian countries and at particular cities within those countries. It considers a wide range of factors besides institutions, including the law, cultural factors and overall government arrangements. The differences between the countries studied are highlighted, and the impact of these differences assessed: the impact of English common law on arrangements in Hong Kong, Singapore and Malaysia; sharia law in Malaysia; the differing lengths of time of colonial rule; the extent to which Chinese family businesses control an economy. Also studied are the degree to which the law is effectively applied, and a range of other social, economic and cultural factors. The book’s conclusions as to which factors have the greatest impact will be of considerable interest to economists of Asia and those interested in economic growth more widely.
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.
Download or read book The Impact of the China Factor on the Hong Kong Economy written by Ghislaine Weder and published by . This book was released on 1995 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Critical Factors Influencing Investment in Hong Kong written by Adele Gor-man and published by GRIN Verlag. This book was released on 2017-05-03 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (undergraduate) from the year 2014 in the subject Economics - Finance, grade: 97.0, Westminster College, language: English, abstract: As a native of Hong Kong, I spent my entire adolescence in the changing socio-political atmosphere of the city, but have never researched in detail the financial risks that the city might have or what the economy is like in Hong Kong. The research of this paper helped me to better understand my own city, especially in regard to its financial and economical situation. It will start with a brief introduction so that the audience can also get a better idea about Hong Kong’s economy, how it was shaped, and what the future outlook will be. Hong Kong is located in East Asia, on the coast of China. It was a colony of the United Kingdom for 99 years, until July 1st 1997. It was then returned to the People Republic of China and became the Hong Kong Special Administrative Region (SAR). In the following, there will be an analysis of ten factors that influence the financial aspects within the city, trading issues in Hong Kong, and its currency.
Download or read book Development Centre Studies Chinese Economic Performance in the Long Run written by Maddison Angus and published by OECD Publishing. This book was released on 1998-09-25 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study provides a major reassessment of the scale and scope of China’s resurgence over the past half century, employing quantitative measurement techniques which are standard practice in OECD countries, but which have not hitherto been available for China.
Download or read book The China Factor and the Hong Kong Economy written by Yue Ma and published by . This book was released on 1996 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The China Miracle written by Justin Yifu Lin and published by Chinese University Press. This book was released on 2003 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a historical, comparative and analytic approach grounded in mainstream economics, the authors develop a consistent and rational framework of state-owned enterprises and individual agents to analyze the internal logic of the traditional Chinese planning system. In this revised edition, the authors update the data and information in the book and include a new chapter on the impact of China's WTO accession on its reform.
