A Fragile Prosperity: Government Policy and the Management of Hong Kong's Economic and Social Development

Leo F. Goodstadt
Additional contact information
Leo F. Goodstadt: School of Business Studies, Trinity College, University of Dublin

No 12009, Working Papers from Hong Kong Institute for Monetary Research

Abstract: This paper examines the impact of 'ideological' preconceptions on Hong Kong policy-making both during and after the colonial era. An abiding commitment to laisser faire reflected demographic anxieties that were not dispelled by sustained, high-speed economic growth. Economic pessimism was encouraged by the influence of Malthus and John Stuart Mill and the rejection of Keynesianism although the economy was never as vulnerable as officials claimed. The analysis identifies the continuing costs, particularly for social policy, of official misconceptions about Hong Kong fundamentals.

Keywords: Hong Kong; Colonialism; Non-Interventionism; Welfarism; Population; Malthus (search for similar items in EconPapers)
Pages: 27 pages
Date: 2009-01
New Economics Papers: this item is included in nep-his
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.hkimr.org/uploads/publication/147/ub_full_0_2_195_wp-no-1_2009.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.hkimr.org/uploads/publication/147/ub_full_0_2_195_wp-no-1_2009.pdf [301 Moved Permanently]--> http://www.aof.org.hk/research/HKIMR/uploads/publication/147/ub_full_0_2_195_wp-no-1_2009.pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hkm:wpaper:012009

Access Statistics for this paper

More papers in Working Papers from Hong Kong Institute for Monetary Research Contact information at EDIRC.
Bibliographic data for series maintained by HKIMR ().