Growth, Public Policy and Hong Kong' Economic Relationship with China

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Abstract
Variations in economic performance have in recent years been subject to increasingly sophisticated analyses; but the chemistry of growth remains mysterious. Although we can usually measure the physical contributions to increased output, these variations rarely explain everything we wish to understand. This is unfortunate because it makes prediction hazardous, particularly in situations where basic parameters are changing. Nonetheless, the requirements of policy require an effort to be made, and it is the purpose of this article to describe and explain the changing economic scene in Hong Kong and thereby to draw attention to some of the economic dimensions of the changing relationship between Hong Kong and China. The main thesis of the article is that Hong Kong is already passing over an economic watershed, and that present and future relations with China must be seen in that light.

This publication has 1 reference indexed in Scilit:

  • Shanghai
    Published by Cambridge University Press (CUP) ,1981