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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...
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...
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.
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
Become a better programmer with performance improvement techniques such as concurrency, lock-free programming, atomic operations, parallelism, and memory management Key Features Learn proven techniques from a heavyweight and recognized expert in C++ and high-performance computing Understand the limitations of modern CPUs and their performance impact Find out how you can avoid writing inefficient code and get the best optimizations from the compiler Learn the tradeoffs and costs of writing high-performance programs Book DescriptionThe great free lunch of "performance taking care of itself" is over. Until recently, programs got faster by themselves as CPUs were upgraded, but that doesn't happe...
Is Hong Kong's approach to economic policy really as 'hands off' as we are led to believe? How are economic policies determined within Hong Kong's unique governance structure? Tony Latter draws on his deep knowledge of Hong Kong drawn from years in senior positions in the Hong Kong Monetary Authority and Government Secretariat to answer these two central questions about Hong Kong's economic management. He provides both general and specialist readers with an original and wide-ranging exploration of the workings of Hong Kong's economy and the way its economic policies are determined. Challenging Hong Kong's 'hands off' image, the author finds and critiques copious instances of government inter...
Accompanying CD-ROM contains ... "appendices - notes."--CD-ROM label.
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.
Demystifies the process of sovereign wealth fund creation and examines the policy and economic issues surrounding them, updated for a post-Covid world
The Lion Wakes tells the modern story of HSBC, starting in the late 1970s, when the bank first broke out of the Asia-Pacific region with its purchase of Marine Midland Bank in the US. It follows HSBC's battle to purchase Midland Bank in 1992, the subsequent move of head office from Hong Kong to London, and the string of acquisitions that brought the bank to its pre-eminent place in global finance today. Acclaimed historians Richard Roberts and David Kynaston chronicle the bank's struggles as well as its successes: the last part of the book deals with the ill-fated move into consumer finance in the US, as well as the financial crisis of 2008 and its effect on HSBC. Impeccably researched and generously illustrated from the HSBC archives, this is a valuable addition to global financial history.