City-states in the global economy: industrial restructuring in Hong Kong and Singapore

1997 ◽  
Vol 34 (07) ◽  
pp. 34-3970-34-3970
Keyword(s):  
Hong Kong ◽  
Global Economy ◽  
Industrial Restructuring ◽  
City States

City-States in the Global Economy: Industrial Restructuring in Hong Kong and Singapore.

1997 ◽  
Vol 70 (3) ◽  
pp. 420
Author(s):  
Stephan Haggard ◽  
Stephen W. K. Chiu ◽  
K. C. Ho ◽  
Tai-Lok Lui
Keyword(s):  
Hong Kong ◽  
Global Economy ◽  
Industrial Restructuring ◽  
City States

After the Hong Kong Miracle: Women Workers under Industrial Restructuring

Asian Survey ◽  
1997 ◽  
Vol 37 (8) ◽  
pp. 752-770 ◽  
Author(s):  
Stephen W. K. Chiu ◽  
Ching Kwan Lee
Keyword(s):  
Hong Kong ◽  
Women Workers ◽  
Industrial Restructuring

Globalization and Benedict XVI’s Caritas in Veritate

2018 ◽  
Author(s):  
Matthew A. Shadle
Keyword(s):  
Hong Kong ◽  
Vulnerable Populations ◽  
Global Economy ◽  
Catholic Social Teaching ◽  
Communication Technologies ◽  
Social Teaching ◽  
Catholic Social Thought ◽  
Caritas In Veritate ◽  
The World ◽  
The Trinity

In recent years the economy has become globalized. Globalization is the increased flow of goods, services, capital, people, and culture facilitated by innovations in transportation and communication technologies. This chapter examines the phenomenon of globalization and its impact on Catholic social teaching. It looks, in particular, at Pope Benedict XVI’s encyclical Caritas in Veritate. Pope Benedict criticizes how the current global economy exploits and excludes vulnerable populations around the world. Caritas in Veritate further develops the communio framework initiated by John Paul II and proposes that the communion of the three Persons of the Trinity provides a model for the shape globalization should take, recognizing unity in the midst of diversity. The chapter also looks at how Catholic social thought itself is globalizing, examining in particular the work of Mary Mee-Yin Yuen from Hong Kong and Stan Chu Ilo from Nigeria.

FINANCIAL TSUNAMI, ECONOMIC INSECURITY AND SOCIAL PROTECTION: THE CASE OF HONG KONG

2009 ◽  
Vol 43 (02) ◽  
pp. 97-119 ◽  
Author(s):  
KIM MING LEE ◽  
CHING YIN CHENG
Keyword(s):  
Hong Kong ◽  
Social Policy ◽  
Open Economy ◽  
Global Economy ◽  
Social Protection ◽  
The United States ◽  
Protection System ◽  
Economic Insecurity ◽  
The Social ◽  
The Government

Rising economic inequality becomes an important concern for both advanced and developing countries. Nonetheless, political and business elites around the world never question the neoliberal agenda, despite economic crises happening every now and then. The year 2007 may mark the turning point of neoliberal globalisation. As the global financial tsunami kicked off from the burst of the subprime mortgage bubble in the United States in 2007, the global economy is facing an economic hardship never heard of since the Great Depression in the 1930s. Hong Kong as a highly open economy is also severely hurt by the financial tsunami. In every economic recession, all Hong Kong people suffer, but lower classes suffer most. This raises a serious question about whether the current social protection system adequately protects people against an increasingly risky global economic environment. By examining the social policy package adopted by the HK government in fighting against the financial tsunami, we show the lack of long-term strategies and commitments of the government in protecting HK people against globalisation risks and economic insecurity. By drawing experiences from other countries, we suggest that active labour market policies (ALMPs) may be the social policy tools the government can use to reform the social protection system.

An examination of strategies under the financial tsunami

2010 ◽  
Vol 110 (9) ◽  
pp. 1319-1336 ◽  
Author(s):  
G.T.S. Ho ◽  
K.L. Choy ◽  
S.H. Chung ◽  
C.H.Y. Lam
Keyword(s):  
Hong Kong ◽  
Global Economy ◽  
Quantitative Research ◽  
Business Performance ◽  
Small And Medium Enterprises ◽  
Business Environment ◽  
Content Type ◽  
Corporate Strategies ◽  
Medium Enterprises ◽  
The Impact

PurposeThe purpose of this paper is to identify the factors, such as the different strategies adopted and the size of the company, that have a significant determining impact on the financial performance of companies in extreme circumstances.Design/methodology/approachThe research target of this paper is the small and medium enterprises (SMEs) in Hong Kong. This is quantitative research and it is done on a survey basis, which includes hypothesis setting and statistical analysis. In addition, constructive suggestions are given to companies after analyzing the current situation.FindingsIn total, ten factors from four dimensions are determined as the critical strategies for the company to adopt in an uncertain financial situation. The result shows the influence of different factors on return on investment for the companies with different backgrounds.Practical implicationsThe business environment today is full of turbulence and uncertainties; this, along with the fierce global competition, means that manufacturers are all struggling to survive. The financial tsunami that has swept across the global economy is believed to be the most catastrophic in living memory. Therefore, this research will be especially valuable and useful to companies which wish to achieve excellence in business performance in spite of such a global disaster.Originality/valueManufacturers worldwide have suffered badly from the impact of the financial tsunami. The SMEs in Hong Kong are certainly not an exception. However, under the same adverse conditions, some have been able to maintain their stability or even thrive. The findings suggest some specific corporate strategies which will enable companies to survive and remain competitive.

Board interlocks and corporate performance among firms listed abroad

2015 ◽  
Vol 21 (2) ◽  
pp. 257-282 ◽  
Author(s):  
Mike W. Peng ◽  
Canan C. Mutlu ◽  
Steve Sauerwald ◽  
Kevin Y. Au ◽  
Denis Y.L. Wang
Keyword(s):  
Hong Kong ◽  
Global Economy ◽  
Corporate Performance ◽  
Historical Period ◽  
Outside Directors ◽  
Chinese Firms ◽  
Content Type ◽  
Mainland Chinese ◽  
Strategic Networks ◽  
Board Interlocks

Purpose – This paper aims to explore the interlock-performance relationship among mainland Chinese firms listed in Hong Kong by taking advantage of a relationship-intensive context whereby such a link is likely to be especially important. Although strategic networks such as interlocking directorates have been found to affect a number of strategic behaviors, the link connecting board interlocks and corporate performance has remained ambiguous. Considerable light has been shed on the strategic networks of firms whose shares are listed abroad, which have been under-studied despite their rising importance in the global economy. Design/methodology/approach – Data come from a particularly interesting historical period – the early 1990s prior to Hong Kong’s 1997 handover to China. Both quantitative and qualitative research have been used. Findings – Empirically, it was found that good performance in an earlier period helps draw outside directors in a later period, and that network centrality and certain types of interlocks help improve performance, albeit with varying degrees. Overall, our results answer the question whether strategic networks such as interlocks matter for corporate performance with a qualified “yes”. Originality/value – Taking advantage of a relationship-intensive context, this article explores the interlock-performance relationship among mainland Chinese firms listed in Hong Kong. Focus is specifically on the two years, 1993 and 1995, due to their specific historical importance because these two years represent the beginning of Chinese firms’ listing in Hong Kong.

scholarly journals Context and curriculum in two global cities: A study of discourses of citizenship in Hong Kong and Singapore

2016 ◽  
Vol 24 ◽  
pp. 58 ◽  
Author(s):  
Theresa Alviar-Martin ◽  
Mark Baildon
Keyword(s):  
Hong Kong ◽  
Civic Education ◽  
Global Economy ◽  
Meaning Making ◽  
Global Citizenship ◽  
Comparative Case Study ◽  
Global Cities ◽  
National Economic ◽  
Alternative Discourses

This qualitative, comparative case study examined global civic education (GCE) in the Asian global cities of Hong Kong and Singapore. Guided by theories that position curriculum at the intersection of discourse, context, and personal meaning-making, we sought to describe the ways in which intentions for GCE reflect broader societal discourses of citizenship and how curricula allow students to tackle tensions surrounding national and global citizenship. We found that Singapore and Hong Kong have adopted depoliticized forms of citizenship as a means of inoculation against global ills. These types of citizenship are more nationalistic than global in nature; moral rather than political; and focused mainly on utilitarian goals to produce adaptable workers able to support national economic projects in the global economy. Although critical, transnational, and other emergent civic perspectives are apparent in both cities, the data yielded little evidence of curricular opportunities for students to become exposed to alternative discourses and reconcile discursive contradictions. The findings inform current literature by illuminating the nexus of local and global discursive practices, implicating the ability of curricula to accommodate both novel and established civic identities, and forwarding suggestions to bridge disconnections between theoretical and local curricular definitions of global citizenship. 

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