LEADER 03377nam 2200553 450 001 9910467887703321 005 20210815140550.0 010 $a988-8390-37-6 035 $a(CKB)4340000000191031 035 $a(StDuBDS)EDZ0001803440 035 $a(OCoLC)999656291 035 $a(MdBmJHUP)muse60065 035 $a(MiAaPQ)EBC4913818 035 $a(Au-PeEL)EBL4913818 035 $a(CaPaEBR)ebr11443297 035 $a(EXLCZ)994340000000191031 100 $a20171010h20172017 uy 0 101 0 $aeng 135 $aur||||||||||| 181 $2rdacontent 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 10$aFixing inequality in Hong Kong /$fYue Chim Richard Wong 210 1$aHong Kong, [China] :$cHKU Press,$d2017. 210 4$dİ2017 215 $a1 online resource $cillustrations 225 0 $aFriedman Lecture Fund 300 $aIssued as part of book collections on Project MUSE. 311 $a988-8390-62-7 311 $a988-8390-67-8 320 $aIncludes bibliographical references at the end of each chapters. 327 $apart 1. Introduction -- part 2. Alleviating poverty is hard -- part 3. Human capital, income inequality, and intergenerational mobility -- part 4. The family matters -- part 5. Housing and land -- part 6. Business strategy -- part 7. Fiscal concerns -- part 8. Labor market measures th at don't work -- part 9. What is the real challenge. 330 $aWhen discussing inequality and poverty in Hong Kong, scholars and politicians often focus on the failures of government policy and push for an increase in social welfare. Richard Wong argues in Fixing Inequality in Hong Kong that universal retirement support, minimum wage, and standard hours of work are of limited effect in alleviating inequality. By comparing Hong Kong with Singapore, he points out that Hong Kong needs a new and long-term strategy on human resource policy. He recommends more investment in education, starting with early education and immigration policy reforms to attract highly educated and skilled people to join the workforce. In analyzing what causes inequality, this book ties disparate issues together into a coherent framework, such as Hong Kong's aging population, lack of investment in human capital, and family breakdowns. Rising divorce rates among low-income households have created a shortage of housing, driving rents and property prices upwards, and enlarging the wealth gap between those who own housing and those who do not, thus causing intergenerational upward mobility. This is the third of Richard Wong's collections of articles on society and economy in Hong Kong. Diversity and Occasional Anarchy and Hong Kong Land for Hong Kong People, published by Hong Kong University Press in 2013 and 2015 respectively, discuss growing contradictions in Hong Kong's economy and current housing problems as well as their solutions. 410 0$aFriedman lecture fund monograph. 606 $aEquality 606 $aEquality$zChina$zHong Kong 608 $aElectronic books. 615 0$aEquality. 615 0$aEquality 676 $a305 700 $aWong$b Yue Chim Richard$01039959 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910467887703321 996 $aFixing inequality in Hong Kong$92472333 997 $aUNINA