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HKCER Letters  contains timely commentaries on

public policy issues and transcripts of lecturers given

by visitors at our lunch seminars. 

HKCER Letters     HKCER Letters     HKCER Letters
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Contact us:

The Hong Kong Centre for Economic Research

School of Economics and Finance

The University of Hong Kong

Pokfulam Road, Hong Kong

Tel: (852) 2547 8313

Fax: (852) 2548 6319

Email:  hkcer@econ.hku.hk

 

Director:  Prof. Y.C. Richard Wong

Executive Director:   Dr. Alan K.F. Siu

 


 

香港經濟研究中心

香港薄扶林道香港大學經濟金融學院

電話: (852) 2547-8313

傳真: (852) 2548-6319

電子郵址: hkcer@econ.hku.hk

 

中心主任: 王于漸教授

中心副主任: 卲啟發博士

 

 

 

 

                 2017  2016   2015   2014  2013  2012  2011  2010 

2009  2008  2007  2006  2005  2004  2003  2002  2001  2000

1999  1998  1997  1996  1995  1994  1993  1992  1991  1990

 
2017

Hyper-Globalization and Hong Kong, Y.C. Richard Wong

The Next Twenty Years, Y.C. Richard Wong

How to Understand Twenty Years of Economic Performance, Y.C. Richard Wong

Critical Junctures in Housing Policy Choices – Unintended Consequences of the 1967 Riot, Y.C. Richard Wong

Critical Junctures in Housing Policy Choices – Distant Causes of the 1967 Riots, Y.C. Richard Wong

Alleviating Absolute and Relative Poverty, Y.C. Richard Wong

Information Hub, Common Law, and the Greater Bay Area Initiative, Y.C. Richard Wong

Mispricing Risk from Chasing After Yields and Curbing Speculation, Y.C. Richard Wong

Global Integration, Technological Advance, and Economic Performance, Y.C. Richard Wong

STEM and Liberal Arts Education in the New Economy, Y.C. Richard Wong

Policy Secretaries, Civil Servants and Deferred Compensation, Y.C. Richard Wong

Land and Housing Policy Ideas for the Next Five Years (Part III), Y.C. Richard Wong

Land and Housing Policy Ideas for the Next Five Years (Part II), Y.C. Richard Wong

Land and Housing Policy Ideas for the Next Five Years (Part I), Y.C. Richard Wong

Knowledge Economy and Political Leadership in the New Society, Y.C. Richard Wong

Regulation of Property Prices, Y.C. Richard Wong

Conservative Budgeting in a Populist World, Y.C. Richard Wong

Arrow’s Theorem and the Pan-Democratic Vote for Establishment Candidates, Y.C. Richard Wong

Do Free Markets Worsen Inequality?, Y.C. Richard Wong

Investing for Personal and Social Prosperity – An Economist’s View, Y.C. Richard Wong

CE Elections and the Political Left, Y.C. Richard Wong

Billionaires and the State, Y.C. Richard Wong

Turning the Housing Challenge into the Housing Solution, Y.C. Richard Wong

Where has Oxfam Hong Kong been Wrong? – Tackle Near -Poverty (and Not Poverty) in the Next Five Years, Y.C. Richard Wong

What Kind of Economic Inequality Can We Overcome in the Next 5 Years?, Y.C. Richard Wong

Why has Housing Demand Continued to Grow?, Y.C. Richard Wong

Black Swans and Disorders, Y.C. Richard Wong

 

2016

Basic Law Interpretation – A Legal Origins Theory Perspective, Y.C. Richard Wong

Politics of Hope After the Election of the 2017 Chief Executive Election Committee, Y.C. Richard Wong

Fluidity of Identity, Y.C. Richard Wong

The Politics of US Sugar Quotas and the Fate of Cuba and the Philippines, Y.C. Richard Wong

The Rise and Fall of American Economic Growth, Y.C. Richard Wong

American Political Realignment and Spiritual Awakening, Y.C. Richard Wong

How Identity Divide America: The Democratic Transformation, Y.C. Richard Wong

How Identity Divides America: The Republican Transformation, Y.C. Richard Wong

The Tyranny of Regulations, Y.C. Richard Wong

Political Realignment in America, Y.C. Richard Wong

Globalization in the Age of Milton Friedman, Y.C. Richard Wong

Poverty, Inequality, and Hope at Hollywood Plaza, Y.C. Richard Wong

Development Regulation and Housing Shortages, Y.C. Richard Wong

Restrictive Regulations and Rising Housing Prices, Y.C. Richard Wong

Unlocking Development Gridlock in the New Territories, Y.C. Richard Wong

After the LegCo Elections: Where Are We and How Did We Get Here?, Y.C. Richard Wong

Let Prices Work in the Taxi Business, Y.C. Richard Wong

The Logic of Universal Pensions and the Way Forward, Y.C. Richard Wong

Why Has Rent Seeking Grown in Hong Kong?, Y.C. Richard Wong

Why is Rent Seeking So Bad for Competition, Growth and Freedom?, Y.C. Richard Wong

Promoting Competition Must Focus on Government Regulation, Y.C. Richard Wong

Taxation, Regulation and Confiscation of Private Property Rights, Y.C. Richard Wong

Freedom in Populist and Liberal Democracies, Y.C. Richard Wong

Why University Fees Should Be Raised, Y.C. Richard Wong

Education and the Service Economy, Y.C. Richard Wong

Causes and Consequences of Women’s Economic Rise, Y.C. Richard Wong

The Rise of Women in Hong Kong, Y.C. Richard Wong

Labor Market Consequences of Public Rental Housing, Y.C. Richard Wong

Star Trek and the Postmodern Generation, Y.C. Richard Wong

Two Interpretations of the Intergenerational Socioeconomic Divide, Y.C. Richard Wong

Political Reform or Livelihood Issues?, Y.C. Richard Wong

Hong Kong Youth Activism and Parallels with German History, Y.C. Richard Wong

The Three Faces of Liberalism, Y.C. Richard Wong

Historicism, Postmodernism, and Political Violence: The Closing of the Human Mind, Y.C. Richard Wong

Closed Minds and Rising Political Violence, Y.C. Richard Wong

Rising Political Violence and Socioeconomic Transformation, Y.C. Richard Wong

The Lumpen Bourgeoisie and the Lumpenproletariat, Y.C. Richard Wong

Negative Interest Rates, Y.C. Richard Wong

Connectors and Startups: Hong Kong’s DNA, Y.C. Richard Wong

Hong Kong as a Startup Hub: Mavens, Connectors and Salesmen, Y.C. Richard Wong

Family Breakdown, Poverty and Discontent in Public Housing, Y.C. Richard Wong

Fixed Exchange Rates, Economic Crisis, and Radical Populist Politics, Y.C. Richard Wong

Will Entrepreneurial Decline Finally End?, Y.C. Richard Wong

 

2015

Social and Economic Concerns in Designing Retirement Protection, Y.C. Richard Wong

Making Sense of the Fed’s Interest Rate Increase, Y.C. Richard Wong

Regulation, Rent Seeking, Innovation, and Economic Growth, Y.C. Richard Wong

Legal Origin and the Crisis in Hong Kong, Y.C. Richard Wong

An Economic View of Markets, Values, and Morals, Y.C. Richard Wong

What Money Can’t Buy, Y.C. Richard Wong

Inequality, TSA, Dishwasher Pay and Rising Returns to Schooling, Y.C. Richard Wong

Positive Non-interventionism and Innovation, Y.C. Richard Wong

Positive Non-interventionism as Governance Strategy, Y.C. Richard Wong

Demystifying the Rising Poverty Rate, Y.C. Richard Wong

Income, Health and Lifetime Well-being Around the World, Y.C. Richard Wong

Origins of English, French and Chinese Legal Systems, Y.C. Richard Wong

Civil Law, Common Law, and Social Control, Y.C. Richard Wong

Common Law, Civil Law, and Financial Market Development, Y.C. Richard Wong

Mandatory Provident Fund Needs Urgent Reform, Y.C. Richard Wong

Reflections of Old Age Poverty in Public Renter Housing Estates, Y.C. Richard Wong

Is Hong Kong Overeducated?, Y.C. Richard Wong

How Regulation Has Stifled the Taxi Industry, Y.C. Richard Wong

The New Territories and the English Character, Y.C. Richard Wong

Justice Beleaguered, Y.C. Richard Wong

Why Does Hong Kong Need Democratic Elections?, Y.C. Richard Wong

Retail Economics and Price Theory, Y.C. Richard Wong

Who is Afraid of a Popularly Elected Chief Executive?, Y.C. Richard Wong

Building Codes and Postwar Reconstruction in Hong Kong, Y.C. Richard Wong

Democracy, Decline and Vested Interests, Y.C. Richard Wong

Studies on the Development of Democracies and Hong Kong’s Political Deadlock, Y.C. Richard Wong

Regulation and the High Price of Land, Y.C. Richard Wong

It Is Not Pocketing It First, Every Step Counts, Y.C. Richard Wong

On Hong Kong's High Land Prices Again, Y.C. Richard Wong

 Lee Kuan Yew’s Fundamental Axiom, Y.C. Richard Wong

Growing Up in Hong Kong Before and After 1980 – A Statistical Portrait of Public Housing and Divorce Characteristics, Y.C. Richard Wong

Growing Up in Hong Kong Before and After 1980 – A Statistical Portrait of Education Opportunities, Y.C. Richard Wong

Early Childhood Education: Unlocking the Secrets of Income Growth and Inequality, Y.C. Richard Wong

Truths and Myths behind the Individual Visit Scheme and the Ku Klux Klan, Y.C. Richard Wong

On Hong Kong's High Land Prices Again, Y.C. Richard Wong

Irrational Politics and Their Romantic Roots, Y.C. Richard Wong

Are Working Hours Too Long in Hong Kong?, Y.C. Richard Wong

Public Corruption in Traditional and Modern China, Y.C. Richard Wong

Greece and Hong Kong Fiscal Opposites, Same Politics, Y.C. Richard Wong

Attract Immigrants or Become Like Japan, Y.C. Richard Wong

Non-Profits Need Competition and Transparency, Y.C. Richard Wong

New Strategies Needed as Third Industrial Revolution Unfolds, Y.C. Richard Wong

The Roots of Rebels, Y.C. Richard Wong

Is One Person One Vote a Primordial Method?, Y.C. Richard Wong

 

2014

Causes and Consequences of More Time and Money, Y.C. Richard Wong

Growing Apart, Y.C. Richard Wong

Universal Suffrage in 2017 is Important, Y.C. Richard Wong

Road to Democracy – A Different Path Forward, Y.C. Richard Wong

On Generation Conflict and Youth Downward Mobility, Y.C. Richard Wong

Lack of political upward mobility is the real problem, Y.C. Richard Wong

Why populist democracy is wrong for Hong Kong, Y.C. Richard Wong

Why populist democracy is wrong for Hong Kong, Y.C. Richard Wong

The Occupy Movement and the Anatomy of Populist Democracy, Y.C. Richard Wong

Hong Kong democracy in balance as Occupy Movement nears end, Y.C. Richard Wong

Democracy alone may not solve Hong Kong’s ailments, Y.C. Richard Wong

Democracy alone may not solve Hong Kong’s ailments, Y.C. Richard Wong

Age of Creativity Looms, Y.C. Richard Wong

Age of Creativity Looms, Y.C. Richard Wong

The Lord of Human Nature, Y.C. Richard Wong

The Lord of Human Nature, Y.C. Richard Wong

Hong Kong political impasse could compromise city’s future, Y.C. Richard Wong

Hong Kong political impasse could compromise city’s future, Y.C. Richard Wong

Sell Public Housing to Help Defuse Hong Kong Protests, Y.C. Richard Wong

Sell Public Housing to Help Defuse Hong Kong Protests, Y.C. Richard Wong

Chief Executive Elected by Universal Suffrage Will Bridge the Gap Between the Two Narratives, Y.C. Richard Wong

Chief Executive Elected by Universal Suffrage Will Bridge the Gap Between the Two Narratives, Y.C. Richard Wong

Let the Restoration Begin, Y.C. Richard Wong

Let the Restoration Begin, Y.C. Richard Wong

Hong Kong: One City, Two Narratives, Y.C. Richard Wong

Hong Kong: One City, Two Narratives, Y.C. Richard Wong

The Fear of Populism, Y.C. Richard Wong

The Fear of Populism, Y.C. Richard Wong

Building blocks needed in Hong Kong’s political development, Y.C. Richard Wong

Building blocks needed in Hong Kong’s political development, Y.C. Richard Wong

Way to help Hong Kong’s elderly poor, Y.C. Richard Wong

Way to help Hong Kong’s elderly poor, Y.C. Richard Wong

Finding $3.336 Trillions of Housing Capital, Y.C. Richard Wong

How freeing up public housing would help Hong Kong, Y.C. Richard Wong

Health care could account for almost a third of Hong Kong GDP by end of century, Y.C. Richard Wong

How Hong Kong could be a better city, Y.C. Richard Wong

Why Have We Underestimated Housing Demand Growth?, Y.C. Richard Wong

Key to Inequality is Soaring Home Prices, Y.C. Richard Wong

What the Minimum Wage Failed to Do, Y.C. Richard Wong

Cash subsidies go only so far in reducing poverty, Y.C. Richard Wong

How Venice Became a Museum?, Y.C. Richard Wong

The Chief Executive’s Political Reform Report Should Not Be Rushed, Y.C. Richard Wong

Higher Rent May Be the Price for a Good Night’s Sleep, Y.C. Richard Wong

Hong Kong’s Public Housing Policy a Home-wrecker for Poor Couples, Y.C. Richard Wong

Italian Opera Houses as a Model for Las Vegas and Macau, Y.C. Richard Wong

The Challenge of Poverty, Near-Poverty and Inequality in the 21st Century, Y.C. Richard Wong

Hong Kong vs Singapore: Human Capital Investment Makes the Difference, Y.C. Richard Wong

The High Regulation Cost of Development: What Thomas Piketty’s Famous Book Really Says, Y.C. Richard Wong

Representation of the Chief Executive Nominating Committee, Y.C. Richard Wong

CE Nomination Proposal that Passes the Five-Step Process, Y.C. Richard Wong

How Functional Constituencies Could Advance Democracy in Hong Kong, Y.C. Richard Wong

Education and Earnings of the Bottom 99%, Y.C. Richard Wong

The Top 1% and Top 10% of Income Earners, Y.C. Richard Wong

Gary Becker’s Contribution to Economics and the Chicago School, Y.C. Richard Wong

Remembering My Teacher Professor Gary Becker, Y.C. Richard Wong

Factors Critical for Improving Intergenerational Mobility, Y.C. Richard Wong

Upward Mobility in the US and Hong Kong (Part 1), Y.C. Richard Wong

Polarization of the Chief Executive Elections and Political Development (Part 4), Y.C. Richard Wong

The Chief Executive Elections and Political Development (Part 3) – Popular Political Representation through Functional Constituencies, Y.C. Richard Wong

The Chief Executive Elections and Political Development (Part 2) – Functional and Geographical Constituencies Compared, Y.C. Richard Wong

The Chief Executive Elections and Political Development (Part 1), Y.C. Richard Wong

Tackling Long-term Budget Deficits in a Free and Ageing Society (Part 3), Y.C. Richard Wong

Health Care and Rising Public Budgets in a Free Society (Part 2), Y.C. Richard Wong

On Balancing Rising Long-Term Budgets for a Free Society (Part 1), Y.C. Richard Wong

Childhood Memories to Salute Women’s Day, Y.C. Richard Wong

Fears, Economic Crises, and Political Coalitions in the Rise of the Welfare State, Y.C. Richard Wong

When Society and Politics become a Tyranny of Minorities, Y.C. Richard Wong

Rising Government Expenditures – Tyranny of the Majority, Tyranny of the Minorities and Bureaucratic Inertia, Y.C. Richard Wong

Tackling Poverty through Redistribution and Growth (Part 2), Y.C. Richard Wong

Tackling Poverty through Redistribution and Growth (Part 1), Y.C. Richard Wong

The Poverty Line and the Value of Public Housing Subsidies to the Poor, Y.C. Richard Wong

On Bitcoin and the Prospect of Digital Cryptocurrencies, Y.C. Richard Wong

Reflections on American Slavery, the Foxconn Suicides and the Third Plenum, Y.C. Richard Wong

Divorce, Inequality, Poverty, and the Vanishing Middle Class (II) – Rekindling Hong Kong’s Magic (Part VI), Y.C. Richard Wong

 

2013

Divorce, Inequality, Poverty, and the Vanishing Middle Class (I) – Rekindling Hong Kong’s Magic (Part V), Y.C. Richard Wong

Human Capital Enhancement through Education and Immigration – Rekindling Hong Kong’s Magic (Part IV), Y.C. Richard Wong

Adam Smith’s Moral Principles, Y.C. Richard Wong

Adam Smith’s Political Economy and its Significance in the Modern World, Y.C. Richard Wong

The Population Quality Challenge – Rekindling Hong Kong’s Magic (Part III), Y.C. Richard Wong

The Population Numbers Challenge – Rekindling Hong Kong’s Magic (Part II), Y.C. Richard Wong

Rekindling Hong Kong’s Magic (Part I), Y.C. Richard Wong

Divorce, Remarriage, and Long-Term Housing Strategy, Y.C. Richard Wong

Coase on Controlling Light Pollution and Preserving Country Parks, Y.C. Richard Wong

Education, Divorce, and Household Income Inequality in Hong Kong, Y.C. Richard Wong

Education and Income Inequality in Hong Kong, Y.C. Richard Wong

Understanding Differential Growth Rates in Singapore and Hong Kong: Role of Policy and Human Capital, Y.C. Richard Wong

Reflections on School Subventions - St. Stephen's Girls' College and the English Schools Foundation, Y.C. Richard Wong

Poverty, Intergenerational Social Mobility and Human Capital Investment, Y.C. Richard Wong

Poverty, Inequality, Intergenerational Mobility, and Capital Market Imperfections, Y.C. Richard Wong

Why Do White Form HOS Secondary Market Units Sell at Market Prices?, Y.C. Richard Wong

My Romance with the University of Chicago, Y.C. Richard Wong

China's Path to Modernization: Barrington Moore and Beyond, Y.C. Richard Wong

Barrington Moore on Why Communism Triumphed in China, Y.C. Richard Wong

Lord and Peasant in the Making of the Chinese Revolution, Y.C. Richard Wong

Barrington Moore on Dictatorship and Democracy, Y.C. Richard Wong

Economic Thoughts on Poverty Alleviation (Part 2), Y.C. Richard Wong

Economic Thoughts on Poverty Alleviation (Part 1), Y.C. Richard Wong

Civil Service Pensions and Corruption Deterrence, Y.C. Richard Wong

Has Hong Kong Lost Its Magic? (Part Five), Y.C. Richard Wong

Has Hong Kong Lost Its Magic? (Part Four), Y.C. Richard Wong

Has Hong Kong Lost Its Magic? (Part Three), Y.C. Richard Wong

Has Hong Kong Lost Its Magic? (Part Two), Y.C. Richard Wong

Has Hong Kong Lost Its Magic? (Part One), Y.C. Richard Wong

Lincoln's Heresthetics and Moral Principles, Y.C. Richard Wong

The Political Economy of Lincoln's Heresthetics, Y.C. Richard Wong

Lincoln, Heresthetics and the Birth of the Republican Era, Y.C. Richard Wong

The Value of Not Working and Its Policy Implications, Y.C. Richard Wong

Income, Expenditure, Savings and the Poverty Line, Y.C. Richard Wong

Hong Kong's Construction Industry: Diagnosis and Prognosis, Y.C. Richard Wong

How to Draw a Poverty Line (Part 2)? ― Using Age as the Anchor, Y.C. Richard Wong

How to Draw a Poverty Line (Part 1), Y.C. Richard Wong

Is There Sex Discrimination in the Labor Market?, Y.C. Richard Wong

Housing, Retirement and the Economy ― Why Family Savings and Investing in Children Matters, Y.C. Richard Wong

Economics of the Family and Same-Sex Marriages, Y.C. Richard Wong

What is the Purpose of a Competition Policy?, Y.C. Richard Wong

Commemorating Joseph Schumpeter and Milton Friedman on Capitalism (Part II), Y.C. Richard Wong

 

2012

 

 

Commemorating Joseph Schumpeter and Milton Friedman on Capitalism, Y.C. Richard Wong

What is the Impact of Minimum Wage on Household Income Distribution?, Y.C. Richard Wong

Why the Minimum Wage Harms the Economy?, Y.C. Richard Wong

Old Age Living Allowances or Universal Social Pensions, Y.C. Richard Wong

How a Maritime Republic Became a Museum? -- The Decline of Venice, Y.C. Richard Wong

 

Long-Term Housing Strategy and Homes for Hong Kong Residents Series

Long-Term Housing Strategy and Homes for Hong Kong Residents -- Eighty Per Cent Homeownership (Part II), Y.C. Richard Wong

Long-Term Housing Strategy and Homes for Hong Kong Residents -- Eighty Per Cent Homeownership (Part II), Y.C. Richard Wong

Long-Term Housing Strategy and Homes for Hong Kong Residents -- Eighty Per Cent Homeownership (Part I), Y.C. Richard Wong

Urban Housing in Hong Kong, Singapore, and Lima: Implications for China, Y.C. Richard Wong

How the Applications List System Becomes the Winner's Curse?, Y.C. Richard Wong

Long-Term Housing Strategy After the Mid-1980s, Y.C. Richard Wong

Long-Term Housing Strategy Before the Mid-1980s, Y.C. Richard Wong

 

Stranded between Singapore's Way and Lima's Other Path, Y.C. Richard Wong

Lima's Other Path, Tsoi Yuen Village, and North East New Territories, Y.C. Richard Wong

Inefficiency and the Scourge of Small Public Housing Units, Y.C. Richard Wong

Small Housing Units and the Inequity Effects of the Public Housing Program, Y.C. Richard Wong

Why are Housing Units so Small in Hong Kong? (Part I), Y.C. Richard Wong

The HOS Secondary Market Finally Warms Up, Y.C. Richard Wong

 

Economic Intergration with the Mainland Series

Economic Integration with the Mainland -- Linked Rate, Domestic Stability, and Dual Integration (Part II), Y.C. Richard Wong
Economic Integration with the Mainland -- Linked Rate, Domestic Stability, and Dual Integration (Part I), Y.C. Richard Wong
Economic Integration with the Mainland -- Population and Poverty in a Triumphant City, Y.C. Richard Wong
Economic Integration with the Mainland -- Pregnant Mainland Mothers and the Right of Abode, Y.C. Richard Wong
Economic Integration with the Mainland -- Learning from the Multi Fiber Agreement, Y.C. Richard Wong


Economic Consequences of Universal Old Age Social Pensions, Y.C. Richard Wong
Can We Afford Old Age Social Security?, Y.C. Richard Wong
On Public Health Care Finances, Y.C. Richard Wong


On the Origins of Deep Contradictions (Part II), Y.C. Richard Wong
On the Source of Deep Contradictions, Y.C. Richard Wong


Education for Equality and Growth, Y.C. Richard Wong
The ABC Guide to Political Economy, Y.C. Richard Wong
Core Values, Functional Constituencies and the Democratic Principle, Y.C. Richard Wong
Economic Competition and Structural Change, Y.C. Richard Wong
On the Creative and Innovative Economy, Y.C. Richard Wong
Why is Housing so Expensive?, Y.C. Richard Wong
External Shocks and Price Stability under the Linked Rate, Y.C. Richard Wong


How Permeable Should Be the Border? - Hong Kong Growing as Part of China: A Historical Perspective (Part II), Y.C. Richard Wong
Hong Kong Growing as a Part of China: A Historical Perspective (Part I), Y.C. Richard Wong


Testing Milton Friedman, Y.C. Richard Wong
The Chicago Economist's Road from Social Engineer to Preacher of Science, Y.C. Richard Wong
The Chicago School's Road From Public Policy Advocacy to the Study of Political Economy, Y.C. Richard Wong
Dolce Gabbana, Apple and Nike -- the Economics of Discrimination, Y.C. Richard Wong
The Chicago School Innovations in Economics, Y.C. Richard Wong
The Chicago School on Assumptions and Predictions in Economics, Y.C. Richard Wong
Emergence of the Chicago School of Economics, Y.C. Richard Wong

 

2011

 

Liberalism versus Populism, Y.C. Richard Wong

Taxation, Regulation and the Rational Politician, Y.C. Richard Wong

Germany and Europe: The History, Y.C. Richard Wong

The Economic Future of Europe, Y.C. Richard Wong

Global Money, Local Politics, and Regional Imbalances in Europe, Y.C. Richard Wong

 

Why there is Speculation in the Market for Pre-Sale Housing Units (Part II), Y.C. Richard Wong

Why there is Speculation in the Market for Pre-Sale Housing Units (Part I), Y.C. Richard Wong

 

Easy Money, Tight Money, and Market Monetarism, Y.C. Richard Wong

On Housing Policy and Social Justice, Y.C. Richard Wong

 

On Government Failures during the Great Depression and Great Recession (Part II), Y.C. Richard Wong

On Government Failures during the Great Depression and Great Recession (Part I), Y.C. Richard Wong

 

Public Sector Housing for Hong Kong and Mainland Series

Public Sector Housing Policies for Hong Kong and Mainland China -- Sustaining Growth, Harmony, and Stability (Part V), Y.C. Richard Wong

Public Sector Housing Policies for Hong Kong and Mainland China -- Unfreeze Land Values, Liberate Housing Serfs (Part IV), Y.C. Richard Wong

Public Sector Housing Policies for Hong Kong and Mainland China -- A Proposal for Hong Kong (Part III), Y.C. Richard Wong

Public Sector Housing Policies for Hong Kong and Mainland China -- Socio-Economic Consequences (Part II), Y.C. Richard Wong

Public Sector Housing Policies for Hong Kong and Mainland China -- Core Considerations (Part I), Y.C. Richard Wong

 

Obama Must Lead or Become Irrelevant, Y.C. Richard Wong

Politics in the Knowledge Society, Y.C. Richard Wong

Social Challenges of the Knowledge Society, Y.C. Richard Wong

From Blue Collar Worker to Knowledge Worker, Y.C. Richard Wong

 

Corporate Social Responsibility Series

Corporate Social Responsibility: Meeting Social Needs in Hong Kong, Y.C. Richard Wong

Corporate Social Responsibility from the Perspective of Underdevelopment in the Middle East, Y.C. Richard Wong

What is Corporate Social Responsibility? - Three Stakeholder Views, Y.C. Richard Wong

What is Corporate Social Responsibility -- Do We Need It? And Why?, Y.C. Richard Wong

 

Hong Kong's Deep Structural Contradiction Series

Why Reforming Subsidized Housing Makes Sense, Y.C. Richard Wong

How Can We Get Out of the Housing Quandary?, Y.C. Richard Wong

Population Challenges in Hong Kong -- And Related Issues, Y.C. Richard Wong

Contradictions in Hong Kong's Policy Environment, Y.C. Richard Wong

HK's Budget Policy is Still the Most Sensible, Y.C. Richard Wong

 

2010

2009

Vol. 87

Extended "Blackout" Periods: To stay or to go?, Maurice K.S. Tse

 

 
2008

Vol. 86

Synopsis of "Towards the Ultimate Agarian Reform in China", Henry Woo

 

 
2007

 

 

 
  2006

Vol. 85

Unlocking the Winner's Curse in the Application List System, Stephen Ching

 

 

È

 

2005

Vol. 84

The Political Economy of Interest Rate Deregulation and Interest Rate Targeting, Chu Kam Hon

 

Vol. 83

Bottlenecks in Logistics--Cross Boundary Road-Freight Industry, Y.C. Richard Wong, Alan K.F. Siu,

and Ginnie Choi

 

Vol. 82

Information and the pricing of risk, Tony Latter

 

Vol. 81

The Giant Sucking Sound: Is China Diverting Foreign Direct Investment from East Asia and Latin America?, K.C. Fung, Hitomi Iizaka, Alan K.F. Siu

 

 

 

 

 

 

 

 

 

2004

Vol. 80

United States Direct Investment in China, K.C. Fung

A Constitutional Basis for Using a Timetable to Implement Dual Universal Suffrage, Stephen Ching

 

Vol. 79

GST and Government Bond, Stephen Ching

Reflections on the New Taiwan Dollar Appreciation in the Mid 1980's, Chu Kam Hon

 

Vol. 78

Trading Tyranny for Freedom How Open Markets Till the Soil for Democracy, Daniel T. Griswold

 

Vol. 77

Trade and Investment: China, The United States, and the Asia-Pacific Economies, K.C. Fung

 

 

 

 

 

 

 

 

È

2003

Vol. 76

The Economic Impact of China's Emergence as a Major Trading Nation, Wing Thye Woo

 

Vol. 75

From Relink to Parallel Currencies to Monetary Union, Chu Kam Hon

 

Vol. 74

Freedom of Information and the Economic Future of Hong Kong, Zhiwu Chen

The Incredible 2003-04 Budget, Stephen Ching

Cleanliness and Punishment, Wing Suen

 

Vol. 73

Deflation: is it really a problem; if so, what should be done?, Tony Latter

 

 

 

 

 

 

 

 

2002

Vol. 72

Shanghai: Another Hong Kong?, Y.C. Richard Wong

 

Vol. 71

Public Housing Reform and Its Effects on the Private Housing Market, Y.C. Richard Wong

 

Vol. 70

China in the 21st Century - A Hong Kong Perspective of Future Opportunities and Challenges, Peter Woo

 

Vol. 69

A Discussion Note on Hong Kong's Linked Exchange Rate System and a Proposed Reform of Hong Kong's Wage System, Paul S.L. Yip

The Link, Re-link and No Link, Y.F. Luk

 

 

 

 

 

 

 

 

È

2001

Vol. 67-88

China-United States Bilateral Trade Balances 1990-2000, K.C. Fung and Lawrence J. Lau

 

Vol. 66

MPF: An Unfinished Business, Alan K.F. Siu

A Historical Perspective on the New Economy, J. Bradford DeLong

 

Vol. 65

Goods and Services Tax in Singapore, Linda Low

 

Vol. 64

Hong Kong's Fiscal Issues, Y.C. Richard Wong

 

Vol. 63

Examining the Hong Kong Government Budget and Fiscal Reserves from a Macroeconomic Perspective, Paul Lau

 

 

 

 

 

 

 

 

 

 

2000

Vol. 62

Savings Bonds as Deposit Insurance, Chu Kam Hong

China: Facing up to WTO Membership, Wing Thye Woo

 

Vol. 61

Personnel Economics and Economic Approaches to Incentives, Edward P. Lazear

 

Vol. 60

Property Rights in Marine Resources: Some New Developments, Hannes H. Gissurarson

 

Vol. 59

Does Hong Kong Need Deposit Insurance, Chu Kam Hong

 

Vol. 58

Comprehensive Social Securities Assistance

Welfare Reform in the U.S., Robert Rector

Financing the CSSA Scheme, Liu Pak Wai

Social Security in Hong Kong - Time for a Revamp?, Nelson Chow Wing Sun

A More Integrated Approach to CSSA, Rachel Cartland

 

Vol. 57

Economic Freedom and Growth, Michael Walker

 

 

 

 

 

 

 

 

 

 

 

È

1999

Vol. 56

Hong Kong Healthcare and Finance Reform, Y.C. Richard Wong

 

Vol. 55

Immigration - a Flood or Flow?, Y.C. Richard Wong

The Tyranny of Numbers, Wing Suen

 

Vol. 54

Hong Kong's Competitiveness, or Do We Still Have the Hong Kong Advantage?, Michael Enright

Blessing or Curse: Characteristics of the Japanese Economy, Junko Nakai

 

 

 

 

 

 

1998

Vol. 53

Lessons of the Asian Financial Crisis, Y.C. Richard Wong

For-Profit School Firm Offers Teachers Stock, Y.C. Richard Wong

 

Vol. 52

A Contingency Plan for Dollarizing Hong Kong, Kurt Schuler

 

Vol. 51

Is Hong Kong Finished? Li Hao and Wing Suen

China's Export Growth: Its Past and Futures, Sonia Wong

 

Vol. 50

The Hong Kong Foreign Exchange Market, Yin-Wong Cheung

Families in the 21st Century: The Economic Perspective, Yiu-Kwan Fan

 

Vol. 49

The Asian Economic Outlook: An Assessment in World Models, Lawrence R. Klein

Trends in Asia-Pacific Real Exchanges Rates, Menzie David Chinn

Is Hong Kong Ready to Delink the Currency? George Yu

 

Vol. 48

Small and Medium-sized Private Companies and the Industrialization of Viet Nam, James Riedel

The Composition of U.S.-East Asia Trade and the East Asian Miracle, Terrie Carolan, Nirvikar Singh,

and Cyrus Talati

Hong Kong: Still the Freest Economy

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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1997

Vol. 47

Should the Hong Kong Dollar be Delinked? by Li Hao

Hong Kong's Integration with Its Hinterland: A Mixture of Curses and Blessings, Yun-Wing Sung

 

Vol. 46

A Two-Track Immigration Policy, Wing Suen

Rethinking Economic Order, Junko Nakai

Some Issues in Developing Hong Kong's Financial Markets, Y.C. Jao

 

Vol. 45

China in the New World Trading Environment After the Uruguay Round, Haiying Zhao

What can we learn from Morocco?, Wing Suen

 

Vol. 44

Four Principles for the First SAR Direction Election, Stephen Ching

Why Regulate Bus Service?, Louis M. Chan

 

Vol. 43

Personnel Guidelines with a Bite, Wing Suen

Rendering Unnecessary the Legal "Contrivance to Raise Prices", Kelly Busche

At Your Service, Alan K.F. Siu

 

Vol. 42

How Severe is the Housing Shortage in Hong Kong?, Y.C. Richard Wong

Poverty and Income Disparity in Hong Kong, Hon-Kwong Lui

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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1996

Vol. 41

Pacific Economic Dynamism: US and Asian Perspectives, Stephen Parker

Central Provident Fund in Singapore, Linda Low

 

Vol. 40

The Growth of Manufacturing and Services in Hong Kong, Y.C. Richard Wong

Economic Integration of Hong Kong and Southern China, William Fung

 

Vol. 39

The China Miracle

 

Vol. 38

The New World of Housing Finances, Bertrand Renaud

China's Transition Economy and Macroeconomic Stability, Fan Gang

 

Vol. 37

The International Role of the Hong Kong Financial Markets, Anthony Neoh

A New Approach to Competition, Monopolies, and Cartels, Pascal Salin

 

Vol. 36

Hong Kong Economic Policy Studies Project: Economic Policies for Hong Kong: Beyond the Transition

 

 

 

 

 

 

 

 

 

 

 

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1995

Vol. 35

The Transition to Market Economy in Vietnam, James Riedel

The Impact of Environment Regulation on Employment, S. Fred Singer

 

Vol. 34

Gas Regulation and Competition in Hong Kong, Lam Pun Lee

A reply to Competition in HK's Water Heating and Cooking Fuel Industry, W. David Walls

Science, Not Science Fiction, Should Govern Hong Kong Policy, Michael Fumento

 

Vol. 33

On Unemployment Statistics in Hong Kong, Wing Suen

Response by the Census & Statistics Deparment

Competition in Hong Kong's Water Heating and Cooking Fuel Industry, W. David Walls

 

Vol. 32

Recent Labour Market Conditions in Hong Kong, Wing Suen

 

Vol. 31

A Consumer's Report on an Immodest Proposal, Kelly Busche

Antidumping and GATT Restrictions, Joseph M. Finger

Competition Law, Shyam Khemani

 

Vol. 30

Understanding Rapid Economic Growth: A New Tale of the Four Asian Dragons, Y.C. Richard Wong

Is the Current Hong Kong Dollar Over-valued or Under-valued, Paul Yip

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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1994

Vol. 29

Regulating Derivatives: The Current System and Proposed Changes, Christopher Culp and Robert Mackay

 

Vol. 28

Averting the Income Crisis for the Old

 

Vol. 27

On Financial Viability of Old Age Pension Scheme, Francis T. Lui

Trade Policy and Asia Under the Clinton Administration: An Insider's View, Kwok-Chiu Fung

 

Vol. 26

How Not to Take the Worry Out of Growing Old, Y.C. Richard Wong

The Arithmetic of Old Age Pension, Wing Suen

 

Vol. 25

Forum on China: The Awakening Giant

Letter to Editor, Alex K.Y. Ng

A Rejoinder to Vehicular Emissions in Hong Kong, F.W. Rusco and W.D. Walls

 

Vol. 24

The Role of the Government in Human Capital Investment, William Chan

Vehicular Emissions in Hong Kong - Facts and Policy Analysis, F.W. Rusco and W.D. Walls

 

 

 

 

 

 

 

 

 

 

 

 

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1993

Vol. 23

The New Economic Order, Milton Friedman

Questions and Answers with Milton Friedman

 

Vol. 22

Hong Kong as a Telecom Entrepot?, Milton Mueller

Comments on Towards Better Health: A Consultation Document, Joel W. Hay

Lessons of the Singapore Central Provident Fund, Y.C. Richard Wong

 

Vol. 21

Can Hong Kong be an Express Cargo Hub?, Joseph P. Schwieterman

 

Vol. 20

Speech in the Legislative Council, Christine Loh

A Consensus for Hong Kong's Competition Policy?, Leonard K. Cheng

Understanding Competition in Hong Kong, Y.C. Richard Wong

 

Vol. 19

Economic Relations between Taiwan and the United States, James Riedel

Retraining the Unemployed in Hong Kong, William Chan

 

Vol. 18

Property and Housing Markets in Hong Kong: Issues and Analyses, Y.C. Richard Wong

 

 

 

 

 

 

 

 

 

 

 

 

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1992

Vol. 17

On Retirement Protection in Hong Kong, Francis T. M. Lui

Development Strategy, Business Cycles and Financial Reform in China, Justin Lin

The Hong Kong Economy in 2001, Y.C. Richard Wong

 

Vol. 16

Competition in Container Terminals, Y.C. Richard Wong

Privatise Public Housing, Y.C. Richard Wong

Planning and Development in Hong Kong, Samuel Staley

 

Vol. 15

The Folly of Industrial Policy: Hong Kong and Singapore Compared, Y.C. Richard Wong

Building West Berlin in American Education, Y.C. Richard Wong

 

Vol. 14

What does Hong Kong need a Central Bank for? Yim-Fai Luk

Creating a Telecommunications Free Trade Zone in Greater China, Milton Mueller

The Budget, Inflation, and Housing, Y.C. Richard Wong

 

Vol. 13

The Budgetary Dilemma, Y.C. Richard Wong

Economic Reform: The Guangdong Experience, Lau Pui-king

A Deposit Protection Scheme for Hong Kong? Yim-Fai Luk

Some Observations on the Deposit Scheme Consultation Paper, Ho Lok Sang

 

Vol. 12

Health Care: A Market Approach, Joel W. Hay

Regulating Monopolies in Utilities and Telecommunications by Price Cap, Liu Pak-Wai

The Failure of Foreign Aid: With Special Reference to the Soviet Union, Shyam Kamath

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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1991

Vol. 11

Can the Government Substitute the Family? - The Social Loss of Mandatory Retirement Insurance for the Elderly, Francis T.M. Lui

The Challenges of Monetary Reform in Eastern Block Countries, Peter Bernholz

Index Futures for Property Prices, Ho Lok Sang

 

Vol. 10

Markets, Democracy, and the Legco Elections, Y.C. Richard Wong

The U.S. Savings and Loan Debacle, David I. Fand

The World History of Free Banking, Kurt Schuler

Deposit Insurance in Hong Kong, Y.F. Luk

 

Vol. 9

Understanding Speculation in Housing Forwards, Y.C. Richard Wong

Economic Integration in East Asia: Doing What Comes Naturally, James Riedel

Policy versus Chance in Economic Development, Arnold C. Harberger

 

Vol. 8

Social Insurance and Economic Growth, Issac Ehrlich

Advantages of the Current Linked Rate System for the Hong Kong Dollar: A Restatement, John Greenwood

International Telecommunications in Hong Kong: A Reply to John Ure, Milton Mueller

 

Vol. 7

Hong Kong's Stake in China's MFN Status, Yun-Wing Sung

The New Budgetary Challenge, Y.C. Richard Wong

Making Ends Meet - The Other Side of International Communications, John Ure

 

Vol. 6

International Telecommunications in Hong Kong: The Case for Liberalisation

The New Airport and Aviation in Hong Kong - A New Perspective: Comment by R.T. Stirland & Reply,

Kai-Sun Kwong

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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1990

 

 

 

 

 

 

 

 

 

 

 

 

 

Vol. 5

The New Airport and Aviation in Hong Kong - A New Perspective, Kai-Sun Kwong

Is Hong Kong Ready for Free Market Health Care?, Joel W. Hay

On the Privatisation of Public Housing, Alan K.F. Siu

 

Vol. 4

Structural Inflation, Y.C. Richard Wong

Alternative Approaches to Banking in Hong Kong, Randall Kroszner

Regulations to be Blamed for Financial Crisis, George Selgin

Skilled Immigrants from China, Alan K.F. Siu

Money and Legal Restrictions, Y.F. Luk

 

Vol. 3

Immigrants or Imported Labourers?, Y.C. Richard Wong

The Housing Problem - A New Perspective, Y.C. Richard Wong

Sell Public Housing Cheaply?

Japanese Industrial Groups and U.S.-Japan Trade, K.C. Fung

The European Monetary System, The European Unit and the United Kingdom, Michael J. Artis

 

Vol. 2

Market Solutions to the Environment, Y.C. Richard Wong

International Privitisation, Thibaut de Saint Phalle

Provision of Language Education: A Market Approach, Liu Pak Wai

 

Vol. 1

The Relationship between Economic Growth and the Structure of the Political System, Gary Becker

The Preconditions for Economic Recovery in Eastern Europe, John P. Greenwood

A New Private Airport, Y.C. Richard Wong                                                                        

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

È