Books in the Hong Kong Economic Policy Studies Series series

What are the economic consequences of Hong Kong's retirement boom? What sort of retirement plans are viable and acceptable to employers, employees and the government? This book evaluates Hong Kong's pay-as-you-go (PAYG) proposal, Singapore's central provident fund (CPF) scheme, and the mandatory provident fund (MPF) plan.

Since 1995, immigration has been adding more people to the population of Hong Kong than natural increase each year. Is there any adverse economic impact of immigration on Hong Kong? This title examines the effect of immigration on wages and employment in the local labour market.

Hong Kong is ageing fast and the pressure to improve health care is mounting. Should taxes be raised or social services be cut? Should the public buy more health insurance? Using unofficial statistics and the author's survey data of households, this book analyzes the economics of these questions.

How far should the Hong Kong government privatize its public utilities? examining the British and the American experience in privatizing public utilities, and reviewing Hong Kong's own experience in privatizing car parks and road tunnels, this book argues for the privatization of the water industry.

Examines Singapore's strategy on tourism and comes up with five sets of recommendations for Hong Kong having an integrated mindset in developing tourism, removing barriers for people to come to Hong Kong, tapping China's potentials in tourism, becoming more attractive as a tourist location, and protecting the environment.

Presents an economic and institutional analysis based on transaction cost theories, using official data and survey results. This book discusses policy issues such as: setting commission rates, reorganizing the middlemen market, exploring different structures (mutuals, captives, and reinsurance), and preparing for the Mandatory Provident Fund.

Devoid of natural resources, Hong Kong has weathered many internal and external shocks and yet emerged as one of the fastest growing economies in the world. This book reconsiders the history of the labour market, and weighs the options in the post-1997 era.