Human Resources: Hong Kong’s Challenges and Opportunities

David M. Hart and Fangmeng Tian
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David M. Hart: George Mason University
Fangmeng Tian: George Mason University

Chapter 3 in Innovation Policy and the Limits of Laissez-faire, 2010, pp 69-96 from Palgrave Macmillan

Abstract: Abstract Hong Kong’s recent economic history, viewed from a distance, is a success story. Most obviously, real per capita income has risen sixfold in less than 40 years (USDA, 2008). The region has maintained its economic momentum despite the enormous structural shift entailed by the rapid development since 1978 of Mainland China as a whole and of the Pearl River Delta area in particular (Berger and Lester, 1997; Enright et al., 2005). The economy now relies predominantly on services, notably the four pillar industries identified by the Special Administrative Region (SAR) administration: finance, logistics, tourism, and information services (Tsang, 2007).

Keywords: Human Capital; Immigration Policy; Undergraduate Degree; Special Administrative Region; Degree Holder (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30411-6_4

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DOI: 10.1057/9780230304116_4

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