Income Inequality In Hong Kong PDF Download
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| Author | : Yue Chim Richard Wong |
| Publisher | : Hong Kong University Press |
| Total Pages | : 315 |
| Release | : 2017-02-01 |
| Genre | : Business & Economics |
| ISBN | : 9888390678 |
Download Fixing Inequality in Hong Kong Book in PDF, ePub and Kindle
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.
| Author | : Hon-Kwong Lui |
| Publisher | : |
| Total Pages | : 156 |
| Release | : 1997 |
| Genre | : Business & Economics |
| ISBN | : |
Download Income Inequality and Economic Development Book in PDF, ePub and Kindle
Using author's economic analysis, this book explains that Income inequality has risen substantially despite the well-intended education and housing investments.
| Author | : Leung-chuen Chau (Laurence) |
| Publisher | : |
| Total Pages | : 18 |
| Release | : 1981 |
| Genre | : Income |
| ISBN | : |
Download Income Inequality in Hong Kong Book in PDF, ePub and Kindle
| Author | : Hon-Kwong Lui |
| Publisher | : Routledge |
| Total Pages | : 162 |
| Release | : 2013 |
| Genre | : Business & Economics |
| ISBN | : 041551780X |
Download Widening Income Distribution in Post-Handover Hong Kong Book in PDF, ePub and Kindle
Before the handover to China in 1997, Hong Kong’s economic growth was very strong and the unemployment rate dropped to a record low of 2.2 per cent. In recent years, the widening income dispersion in Hong Kong has caught public attention. This book investigates the economic development and changes in income distribution of Hong Kong from different perspectives. Based on latest empirical evidence of Hong Kong, the book examines the relationship between economic restructuring and rising income disparity. Public housing programmes in Hong Kong affect half of the population directly and the other half indirectly. This book assesses the redistributive effect of public rental housing on income distribution. Moreover, Hong Kong embarked on an ambitious expansion programme of tertiary education in 1989. The expansion represents an exogenous increase in the supply of university graduates and the book evaluates the impact on income distribution. It also investigates the income dispersion among and between natives and immigrants. Researchers, politicians and policy makers should be interested to learn about the causes of rising income dispersion in post-handover Hong Kong uncovered in this book. Although economic restructuring is named as the prime suspect that caused rising income inequality, the empirical evidence proves otherwise. The book will be of interest to policy makers whose work has implications for social security systems and income disparity.
| Author | : Maggie Lau |
| Publisher | : The Chinese University of Hong Kong Press |
| Total Pages | : 240 |
| Release | : 2017-03-15 |
| Genre | : Social Science |
| ISBN | : 962996788X |
Download Poverty in a Rich Society Book in PDF, ePub and Kindle
Hong Kong has remained a wealthy financial hub despite its exportoriented economy being adversely interrupted by the challenging global economic uncertainties and vulnerabilities that have occurred since the late 1990s. Yet, Hong Kong's income inequality is greater than that in any developed economy. The growing unequal income distribution and poverty in Hong Kong have aroused public concern. This book is a timely and important opportunity to advance the theory and practice of poverty and social exclusion measurement, and to conduct policy relevant analyses in Hong Kong. This collection was inspired by the workshop formed one key research output of the Poverty and Social Exclusion in Hong Kong (PSEHK) project funded by the Research Grants Council and the UK Economic and Social Research Council. It is hoped that this collection will inspire comparative research and policy analyses for better policy initiatives.
| Author | : Ronald Hsia |
| Publisher | : Routledge |
| Total Pages | : 204 |
| Release | : 2018-12-14 |
| Genre | : Business & Economics |
| ISBN | : 0429657366 |
Download Industrialisation, Employment and Income Distribution Book in PDF, ePub and Kindle
First published in 1978. In spite of the wide recognition of Hong Kong’s successful growth record, little is known about the impact that rapid industrialisation has had on income distribution. The transformation of an entrepôt economy into an industrial one has been accompanied by a transition from a labour surplus to a labour shortage economy, which has had a profound influence on the distribution of income by size. The effect has been channelled through a number of variables such as the composition of employment by industry, occupational structure, labour force participation rate and wage structure. All these changes have, moreover, owed much to the existence of a market mechanism which has been virtually free from government intervention. Beginning with a comprehensive evaluation of the effects of the various characteristics of employment and the labour force on household income distribution, this study assesses the impact of Hong Kong’s industrialisation and employment growth on its income distribution. Through an analysis of the changes in industrial and occupational structures, employment status, household size, labour participation rate, inflow of labour and wage and employment structures, it considers not only how income distribution alters with economic development, but also the mechanism that has brought about these changes. The redistribution effect of government activities is examined and the incidence of particular taxes to different income groups is apportioned to give a clear overall picture. Finally, the benefits obtained from government expenditures on housing, education and health are measured and are allocated to different income groups, illustrating how this has appreciably reduced income inequality in Hong Kong.
| Author | : Maarten van Ham |
| Publisher | : Springer Nature |
| Total Pages | : 520 |
| Release | : 2021-03-29 |
| Genre | : Science |
| ISBN | : 303064569X |
Download Urban Socio-Economic Segregation and Income Inequality Book in PDF, ePub and Kindle
This open access book investigates the link between income inequality and socio-economic residential segregation in 24 large urban regions in Africa, Asia, Australia, Europe, North America, and South America. It offers a unique global overview of segregation trends based on case studies by local author teams. The book shows important global trends in segregation, and proposes a Global Segregation Thesis. Rising inequalities lead to rising levels of socio-economic segregation almost everywhere in the world. Levels of inequality and segregation are higher in cities in lower income countries, but the growth in inequality and segregation is faster in cities in high-income countries. This is causing convergence of segregation trends. Professionalisation of the workforce is leading to changing residential patterns. High-income workers are moving to city centres or to attractive coastal areas and gated communities, while poverty is increasingly suburbanising. As a result, the urban geography of inequality changes faster and is more pronounced than changes in segregation levels. Rising levels of inequality and segregation pose huge challenges for the future social sustainability of cities, as cities are no longer places of opportunities for all.
| Author | : Stephen Wing-kai Chiu |
| Publisher | : |
| Total Pages | : 64 |
| Release | : 2005 |
| Genre | : Business & Economics |
| ISBN | : |
Download Family Changes and Income Inequality Under Globalization Book in PDF, ePub and Kindle
| Author | : International Monetary Fund. Asia and Pacific Dept |
| Publisher | : International Monetary Fund |
| Total Pages | : 32 |
| Release | : 2019-01-24 |
| Genre | : Business & Economics |
| ISBN | : 1484395778 |
Download People’s Republic of China-Hong Kong Special Administrative Region Book in PDF, ePub and Kindle
This Selected Issues paper discusses income inequality in Hong Kong Special Administrative Region (SAR). Income inequality in Hong Kong SAR remains high, despite declining recently. Redistributive policies implemented by the authorities have helped to lower income inequality. However, inequality is likely to rise in the medium-term due to aging and thus more needs to be done. A package of policies could lower the Gini index by 3–4 points by 2050 including: more progressive salaries tax; higher reliance on recurrent property taxes; and increased public expenditure on social welfare, health, housing, education and childcare. According to recent evidence in the literature, these policies could also boost growth by 0.2–0.5 percentage points per year. Public spending on social welfare could continue to be raised to boost redistribution and increase access of poorer households. Spending on education and childcare should be raised to help lower the market income inequality directly. The commissioned study aiming to determine the demand and supply for childcare services and map out the long-term service development programs, as well as the initiatives mentioned in the 2018 Policy Address, should help in this regard.
| Author | : Brian Keeley |
| Publisher | : Org. for Economic Cooperation & Development |
| Total Pages | : 120 |
| Release | : 2015-12-21 |
| Genre | : |
| ISBN | : 9789264246003 |
Download Income Inequality Book in PDF, ePub and Kindle
Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it's around 9½ times higher. Why does this matter? Many fear this widening gap is hurting individuals, societies and even economies. This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries. Next it looks at why income gaps are growing and, in particular, at the rise of the 1%. It then looks at the consequences, including research that suggests widening inequality could hurt economic growth. Finally, it examines policies for addressing inequality and making economies more inclusive.
