image description
# 156324
USD 38.00 (Book in Stock, will be dispatched ASAP)
- +

Poverty in the Midst of Affluence : How Hong Kong Mismanaged Its Prosperity

Author :  Leo F. Goodstadt

Product Details

Country
Hong Kong
Publisher
Hong Kong University Press,Hongkong
ISBN 9789888208210
Format HardBound
Language English
Year of Publication 2013
Bib. Info 276p.; 23cm.
Product Weight 555 gms.
Shipping Charges(USD)

Product Description

Hong Kong is among the richest cities in the world. Yet over the past 15 years, living conditions for the average family have deteriorated despite a robust economy, ample budget surpluses and record labour productivity. Successive governments have been reluctant to invest in services for the elderly, the disabled, the long-term sick, and the poor, while education has become more elitist. The political system has helped to entrench a mistaken consensus that social spending is a threat to financial stability and economic prosperity. In this trenchant attack on government mismanagement, Leo Goodstadt traces how officials have created a ‘new poverty’ in Hong Kong and argues that their misguided policies are both a legacy of the colonial era and a deliberate choice by modern governments, and not the result of economic crises. This provocative book will be essential reading for anyone wishing to understand why poverty returned to Hong Kong in this century.

Product added to Cart
Copied