Has the Hong Kong Model Worked? Industrial Policy in Retrospect and Prospect
Bibliographic Data
| ID | 3883796 |
|---|---|
| Authors | Lai Si Tsui‐auch (0000-0002-6087-264X, corresponding author) |
| Year | 1998 |
| Volume | 29 |
| Issue | 1 |
| Pages | 55-79 |
| Publication date | 1998-01-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Development and Change (JOURNAL) |
| Journal identifiers | ISSN: 0012-155X • E-ISSN: 1467-7660 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/1467-7660.00070 |
| OpenAlex | W2143118217 |
| Language | EN |
| Citations received | 4 |
This article attempts to blend the insights of development economics and political economy in order to analyse industrial policy in Hong Kong. It describes the lack of industrial upgrading, the process of de-industrialization, and the over-reliance on the service sector, and examines the political economy of the functional industrial policy practised in Hong Kong, as well as its limitation. The author suggests that the political change from a colony to a special administrative region of China provides a context for Hong Kong State to undertake a more interventionist, industry-specific policy, the success of which will depend on a combination of two factors: state autonomy against the excessive influence of Beijing, and state capacity to guard against corruption and to enhance a mutually-beneficial regional co-operation in the South China region
Autonomy · Beijing · Business · China · Context (archaeology) · Economic growth · Economic system · Economics · Economy · Geography · Guard (computer science) · Industrial policy · Industrialisation · Market economy · Order (exchange) · Political science · Politics · Public policy · State (computer science) · State policy · Finance · Hong Kong and Taiwan Politics · Labor Movements and Unions · Social Policy and Reform Studies
| Citations per year | 0.15 |
|---|---|
| Citation span | 1999 - 2019 (21) |
| Highly cited | No |