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Poverty in the Midst of Affluence
Hong Kong is among the richest cities in the world. Yet over the past 15 years, living conditions for the average family have deteriorated despite a robust economy, ample budget surpluses, and record labour productivity. Successive governments have been reluctant to invest in services for the elderly, the disabled, the long-term sick, and the poor, while education has become more elitist. The political system has helped to entrench a mistaken consensus that social spending is a threat to financial stability and economic prosperity. In this trenchant attack on government mismanagement, Leo Goodstadt traces how officials have created a ‘new poverty’ in Hong Kong and argues that their misgu...
A City Mismanaged
A City Mismanaged traces the collapse of good governance in Hong Kong, explains its causes, and exposes the damaging impact on the community’s quality of life. Leo Goodstadt argues that the current well-being and future survival of Hong Kong have been threatened by disastrous policy decisions made by chief executives and their principal officials. Individual chapters look at the most shocking examples of mismanagement: the government’s refusal to implement the Basic Law in full; official reluctance to halt the large-scale dilapidation of private sector homes into accommodation unfit for habitation; and ministerial toleration of the rise of new slums. Mismanagement of economic relations w...
Uneasy Partners
Challenging the wisdom about the way capitalism and colonialism joined forces to transform Hong Kong into one of the world's great cities, this book deploys case studies of the clash of interests between alien colonials and their Chinese constituents and the conflict between a pro-business government and its political and social responsibilities.
Reluctant Regulators
The 2007-2009 global financial crisis was predictable and avoidable, but American and British regulators chose not to intervene. They failed to implement their own policies because of an Anglo-American "regulatory culture" of non-intervention that dominated financial regulation worldwide. Hong Kong--the international financial center of an increasingly prosperous China--defied world opinion and made stability its priority. This policy ensured Hong Kong's robust performance during the last 15 years, and it made possible Hong Kong's impressive contributions to financing China's economic take-off and to the modernization of its financial institutions.Reluctant Regulatorsis a scathing indictment of regulatory inertia in the West. It provides original insights into the causes of financial crises and pays special attention to China's attempts at reform and Hong Kong's place in China's financial modernization. Leo F. Goodstadtwas chief policy adviser to the Hong Kong Government as head of its Central Policy Unit (1989-1997) and has had an extensive consultancy practice in Asian banking. He has written widely on the global financial crisis and on China's economic development.
From a British to a Chinese Colony? Hong Kong Before and After the 1997 Handover
Introduction: straddling the handover: colonialism and decolonization in British and PRC Hong Kong / Gary Chi-hung Luk -- Part I. British colonial legacies -- The Comprador System in nineteenth century Hong Kong / Kaori Abe -- Government and language in Hong Kong / Sonia Lam-Knott -- A ruling idea of the time? The rule of law in pre- and post-1997 Hong Kong / Carol A. G. Jones -- Part II. Hong Kong, Britain, and China(s) -- From Cold War warrior to moral guardian: film censorship in Hong Kong / Zardas Shuk-man Lee -- The roots of regionalism: water management in postwar Hong Kong / David Clayton -- Economic relations between the mainland and Hong Kong: an 'irreplaceable' financial center / Leo F. Goodstadt -- Part III. Decolonization, retrocession, and recolonization: new perspectives -- At the edge of empire: Eurasians, Portuguese and Baghdadi Jewish communities in British Hong Kong / Felicia Yap -- Reunification discourse in between Chinese nationalisms / Law Wing Sang -- From citizens back to subjects: constructing national belonging in Hong Kong's national education center / Kevin Carrico
The Banking Crisis Handbook
Explores the Origin of the Recent Banking Crisis and how to Preclude Future CrisesShedding new light on the recent worldwide banking debacle, The Banking Crisis Handbook presents possible remedies as to what should have been done prior, during, and after the crisis. With contributions from well-known academics and professionals, the book contains e
A Concise History of Hong Kong
When the British occupied the tiny island of Hong Kong during the First Opium War, the Chinese empire was well into its decline, while Great Britain was already in the second decade of its legendary "Imperial Century." From this collision of empires arose a city that continues to intrigue observers. Melding Chinese and Western influences, Hong Kong has long defied easy categorization. John M. Carroll's engrossing and accessible narrative explores the remarkable history of Hong Kong from the early 1800s through the post-1997 handover, when this former colony became a Special Administrative Region of the People's Republic of China. The book explores Hong Kong as a place with a unique identity, yet also a crossroads where Chinese history, British colonial history, and world history intersect. Carroll concludes by exploring the legacies of colonial rule, the consequences of Hong Kong's reintegration with China, and significant developments and challenges since 1997.
The First Estates
The First Estates shows the impact on Hong Kong’s urban history of Fairview Park and Hong Lok Yuen, the earliest examples of private estates provided in the New Territories of Hong Kong. Completed in the 1970s and 1980s, both are examples of land development projects built as low-density, American-style suburban house living, the first true alternative to the typical high-rise urban living of Hong Kong. In this book, Roger Nissim traces their evolution—from retreats for urban dwellers to family residences—that followed the expansion of Hong Kong’s public transportation system. The book draws heavily on the original documents that are reproduced in the book. These unearthed documents ...
Political Development in Hong Kong
This book reviews the political development of Hong Kong before and after 1997, in particular the evolution of state-society relations in the last two decades, to analyze the slow development of democracy and governance in Hong Kong after 1997. This book is a most comprehensive analysis of the multi-faceted changes in Hong Kong in the last 20 years. The scope of changes analyzed included state functions and institutions, political changes such as party development and development of the Legislative Council, and social changes such as social movements, civil liberties, etc. It helps the reader understand the crisis of governance of Hong Kong after 1997, and the difficulty of democratic develo...
The Shek Kip Mei Myth
Alan Smart raises serious questions about the standard view that Hong Kong's mass public housing programme was a direct and humane response by the Government to the Shek Kip Mei fire. Rather he argues that the Government's response to that fire was grudging and incremental rather than a sharp and radical turning point, and that the security and stability of Hong Kong weighed as heavily, possibly more so, in the decisions than the predicament of the fire victims. His research shows that a whole sequence of major fires after Shek Kip Mei, and the political costs of the Mainland sending comfort missions to fire victims both before and after were needed to bring about the final commitment to provide mass public housing. In his critical examination of the conventional position, Professor Smart bases his case on a thorough reading of government records and provides a careful investigation into the origins of the public housing policy in Hong Kong. This volume makes an important contribution to the postwar history of Hong Kong and is a significant addition to the study of its modern development.
