Fixing Inequality In Hong Kong

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.

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.

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.

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.

This book explores the discursive constructions of gender equality and the implications of these understandings in a broad range of policy fields. Using gender equality as a prime example, a number of internationally renowned scholars offer a new vocabulary to identify and study processes of the reduction, amplification, shifting or freezing of meaning. The main aim of the book is to understand the dynamics and to reflect on the consequences of such discursive politics in recent policy making on gender equality. It explores both the potential opportunities that are opened up for the promotion of equality through discursive politics, and the limitations they impose. Distinctive features of the volume include: chapters covering a range of case studies in Europe, the USA, and the Asia region, tackling contemporary political debates on equality new insights of relevance to public policy practices such as gender mainstreaming, with theorizing on intersecting inequalities The Discursive Politics of Gender Equality will be of interest to students and scholars, of political science, public policy, comparative politics, gender and women studies.

This report examines the links between inequality and other major global trends (or megatrends), with a focus on technological change, climate change, urbanization and international migration. The analysis pays particular attention to poverty and labour market trends, as they mediate the distributional impacts of the major trends selected. It also provides policy recommendations to manage these megatrends in an equitable manner and considers the policy implications, so as to reduce inequalities and support their implementation.

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