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This is a collection consisting largely of poems and Lok- Sang's translation of the Daodejing, the Xin Xin Ming, and the Heart Sutra, plus a number of short passages grouped under the title of The Essence of Spirituality from A to Z. The book brings together the teachings from the west and from the east about how to live a rich, fulfilling life. Carrying the subtitle "a tribute to Life", the author promotes his "happiness formula" LIFE, consisting of Love, Insight, Fortitude, and Engagement, pleading with readers that Life is the only resource we have and that we all need to do the best we can to ensure that its potential can be realized. That is the surest and the only way to gain happiness...
Principles of Public Policy Practice was written with policy makers, concerned citizens, and students of public policy in mind. Striving to avoid technical language, the author introduces a new paradigm that starts from the commonality of human nature and the assumption that public policy should be impartial. Rather than playing the interests of one group versus those of another, he argues convincingly that public policy should aim at enhancing the ex ante welfare for everyone if everyone did not know the position or the identity one would assume. Using this conceptual device of the representative individual, the analysis readily leads to policy implications that are both reasonable and conc...
This book is written with an acute awareness of the need for new insight to ensure (1) universal protection in basic healthcare; (2) providing choice; (3) efficient production and consumption of healthcare services; (4) financial sustainability of the healthcare system. Defining the public interest as the welfare of the "representative individual" with no vested interest who imagines himself to have equal chance of being anyone in society, this book explores alternative ways of finance and delivery, the optimal interface between the public healthcare sector and the private healthcare sector, and that between public insurance and private insurance. The book includes a theoretical but non-tech...
As a book on public policy, this book is unique in addressing explicitly the role of human nature. Only with a good understanding of human nature can policy makers address their foremost needs and anticipate how people may respond to specific designs in policy. This way policy makers can avoid "unintended consequences." The book also provides a new perspective on the meaning of public interest, which is based on intellectual roots dating back to J.S.Mill and more recently Harsanyi and Rawls. Traditionally, economists have referred to either the Hicksian criterion or the Kaldorian criterion as the yardstick to whether a policy is welfare enhancing, not realizing that both of these criteria fa...
Much attention has been given to the economics of everyday life, which typically applies economic principles to the analysis of the different choices that people face under different situations. Yet there are hardly any books on the economics of life—an economics that takes the finite lifespan as the starting point and that looks at how one can maximize the subjective value from life given the constraint of the limited lifespan. In this volume, Lok Sang Ho suggests that the lack of progress in happiness among developed countries despite significant economic growth is due to a deficit of "mental goods", rather than a lack of material goods. The author stresses the role of culture and mental...
This book is a study of the administration of Hong Kong's government under the leadership of Tung Chee-hwa during a time when Hong Kong was changing politically and economically. The contributors address the following questions: To what extent are government policies consistent with those of colonial rule? What does "one country two systems" mean, and to what extent has the Tung regime been successful in safeguarding this principle? How responsible are external economic forces for the apparent deterioration of the Hong Kong economy? Who are affected most by the restructuring of the economy, and what are some of the long-term implications for Hong Kong as an important world financial center? How do people in general perceive these changes? What are some of the most effective economic and social policy measures that the Tung government has initiated? Finally, how successful has the Chief Executive been during his five years in office?
This book documents the search for a workable model of democracy in Asia. It explores the various forms of Asian democracy practiced to date, and throws light on where these models may have failed and where they may have succeeded. The case studies developed provide valuable insights into governance and democracy in Asia (North-east, South-east and South) a region that remains fascinating and dynamic despite the impact of the recent global crisis. The book concludes that whilst there may not be a model that works best in all regions, a key ingredient to a workable model must include sound gove.
This book investigates and analyses critical issues in education reform and discusses possible pitfalls in the current global drive to promote excellence. Instead of documenting the successes and frustrations encountered by education reformers in specific jurisdictions, this book aims to offer directions for education reformers, and sets out to be prescriptive rather than descriptive. While the cases covered here are focused on Hong Kong, they are no less useful in throwing light upon the direction of education reform all over the world. The first section of the volume, “Conceptual Framework”, provides the theoretical underpinnings for the design and implementation of education reform. T...
The Asian crisis of 1997-1998 was a major influence on macroeconomic thinking concerning exchange rate regimes, the functioning of international institutions, such as the IMF and the World Bank, and international contagion of macroeconomic instability from one country to another. Exchange Rate Regimes and Macroeconomic Stability offers perspectives on these issues from the viewpoints of two Nobel Laureates, an IMF economist, and Asian economists. This book contributes new ideas to the ongoing debate on the role of domestic monetary authorities and international institutions in reducing the likelihood of international financial crises, as well as the problems associated with various exchange rate regimes from the standpoint of macroeconomic stability. Overall, the chapters contained in this volume offer interesting perspectives, which have been stimulated by the recent events in the foreign exchange market. They provide a useful reference for anyone interested in the development of exchange rate regimes, and represent considerable reflection by economists half a century after Bretton Woods.
This book gives an account of Hong Kong's medical and health development from the Second World War to the present day, investigates how medical and health services grew and adapted as Hong Kong's political and the socio-economic landscape—and the world beyond it—changed, and continued changing. The author is a clinician-scientist rather than a social scientist, her writing is therefore based on her first-hand knowledge of the changes in the Hong Kong medical and healthcare scene during the period 1942–2015, and the book has also been enriched by her meticulous research via the archives of available government publications, other literature, and media reports. This book is a sequel to A Medical History of Hong Kong: 1842–1941. "k presents an unbiased and scientific analysis of events which prompted the authorities and the public to consider, evaluate, and ultimately implement policies that resulted in the gradual improvement of the healthcare system in Hong Kong."–Rosie T. T. Young, The University of Hong Kong.