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The main activities of the Centre is to
support and publish important policy relevant research of the highest quality in both
Chinese and English. The studies will be conducted by local and overseas scholars and
experts from universities and research institutions. For information on the published research project, please click here.
The Centre's current largest research project is the Hong
Kong Economic Policy Studies Project which comprises 30 studies on different aspects of
Hong Kong.
The Hong Kong Economic
Policy Studies Project
The English and Chinese version of titles marked with an
asterisk (*) have been published by the City University of Hong Kong Press and the
Commercial Press (H.K.) Ltd. respectively under The Hong Kong Economic Policy Studies
Series.
Hong Kong and the Region
- The Political Economy of Laissez Faire
Uncovers the reasons for Hong Kong's economic success since WW II; discusses the merits
and problems of its "positive non-interventionism".
by Yue-Chim Richard WONG
Professor, Sch of Econ and Fin, HKU
Director, HK Ctr for Econ Res
PhD (Chicago)
- *Hong Kong and
South China: The Economic Synergy
Explores the and opportunities of economic integration of Hong Kong and South China under
PRC's promise of a "one-country, two systems" for Hong Kong.
by Yun-Wing SUNG
Chairman, Dept of Econ, Chinese U of HK
Assoc Ed, Asian-Pacific Econ Lit
PhD (Minn)
- Inflation in Hong Kong
Resolves the reasons behind the persistence of high inflation in Hong Kong and suggests
measures to ameliorate the inflation effects.
by Alan K. F. SIU
Lecturer, Sch of Econ and Fin, HKU
Exec. Dir, HK Ctr for Econ Res
PhD (Harv)
- *Trade and Investment:
Mainland China, Hong Kong and Taiwan
Appraises domestic, regional and international factors that impede or facilitate the
economic integration of three Chinese economies.
by K. C. FUNG
Assoc Prof, Dept of Econ, Univ. of Calif (Santa Cruz)
Assoc Director, HK Ctr Econ Res
Former Econ, US Presid's Coun Econ Adv
PhD (Wisc-Madison)
- *Tourism and the
Hong Kong Economy
Reviews changes in tourism industry and how Hong Kong can capitalize on future
opportunities boosted by the completion of Hong Kong's new airport.
by Kai-Sun KWONG
Assoc Prof, Dept of Econ, Chinese U of HK
Consultants, Ind & Tech Dev Coun
PhD (Brit-Columbia)
- Economic Relations between Hong Kong and the
Pacific Community
Analyzes Hong Kong's new role in the Pearl River Delta and designs policies for
maintaining its status as the hub of economic activities in the Pacific community.
by Yiu -Kwan FAN
Dean, Sch of Bus and Dir, Bus Res Ctr, H K Baptist U
President, Pacific Rim Coun on Urb Dev (1995-6)
PhD (Wisc-Madison),
Money and Finance
- The Monetary System of Hong Kong
Examines the monetary role of the banking sector and the policies of the HK Monetary
Authority. Feasibility of alternative monetary regimes discussed.
by Y.F. LUK
Lecturer, Sch of Econ and Fin, HKU
Series Ed, HK Econ Policy Study Ser
PhD (Cornell)
- The Linked Exchange Rate System
Unveils the history and performance of Hong Kong's exchange rate system. Ways as to how to
withstand economic and political shocks in the future discussed.
by Francis T. LUI
Assoc Prof, Dept of Econ, HK Univ of Sci & Tech
Director, Ctr for Econ Dev, HK Univ of Sci & Tech
PhD (Minn)
Yum-Keung KWAN
Asst Prof, Dept of Econ, HK Univ of Sci & Tech
Former Res, Fed Reserve Bank of Minn, USA
PhD (Minn)
- *Hong Kong as an
International Financial Centre: Evolution, Prospects and Policies
Provides all the factors behind Hong Kong's success in the past and envisages the future
status of Hong Kong as an international financial centre in the post-colonial period.
by Y. C. JAO
Professor, Sch of Econ and Fin, HKU
Former Presid, HK Econ Association (1995-7)
PhD (HKU)
- Corporate Governance: Listed Companies in Hong Kong
Reviews issues of conflict of interest between majority shareholders, minority
shareholders, and management of listed companies. Corporate directorship, remuneration,
and insider-dealings examined.
by Richard Yan-Ki HO
Professor and Dean, Fac of Business, CityU HK
PhD (Wisc-Madison)
Stephen Y. L. CHEUNG
Prof and Head, Dept of Econ & Fin, CityU HK..
PhD (Paris VI), PhD (Strathclyde)
- *Institutional
Development of the Insurance Industry
Analyzes the and issues of the rapid development of the insurance industry; provides a
framework for policy consideration in relating professions..
Ben T. YU
Prof. of Econ, Calif State U (Northridge)
Assoc Dir, Ctr of Insur Res & Educ, Calif State U (Northridge)
PhD (Washington)
Infrastructure and Industry
- *Technology and
Industry
How competitive Hong Kong's industries are in both the manufacturing and services over
time? The author will discuss if future government intervention is suitable.
by Kai-Sun KWONG,
Assoc Prof, Dept of Econ, Chinese U of HK
Consultants, Ind & Tech Dev Coun
PhD (Brit-Columbia)
- *Competition
Policy and the Regulation of Business
Provides a framework of proper anti-trust policy suitable for an open economy like Hong
Kong.
by Leonard K. CHENG
Prof and Head, Dept of Econ. HK Univ of Sci & Tech
Assoc Ed, J of Intl Econ
PhD (Calif-Berkeley)
Changqi WU
Asst Prof, Dept of Econ. HK Univ of Sci & Tech
PhD (Louvain)
- *Telecom Policy and
the Digital Convergence
Discusses Hong Kong telecommunications industry and the competitiveness of the trading
economy at the policy level. Relationship to regional and global players.
by Milton L. Mueller
Asst Prof and Director, Telecom Program,School of Information Studies,
Syracuse Univ.
PhD (Penn)
- *Port Facilities and
Container Handling Services
A study on Hong Kong's Port Services industry and its future development. Proposals to
enhance efficiency and productivity will also be examined.
by Leonard K. CHENG
Prof and Head, Dept of Econ. HK Univ of Sci & Tech
Assoc Ed, J of Intl Econ
PhD (Calif-Berkeley)
Yue-Chim Richard WONG
Professor, Sch of Econ and Fin, HKU
Director, HK Ctr for Econ Res
PhD (Chicago)
- Efficient Transportation Policy
Provides a regulatory and management framework on each transport mode. The need for public
policy to enhance efficient transport services examined.
by Timothy D. HAU
Assoc Prof, Sch of Econ and Fin, HKU
PhD (Calif-Berkeley)
Stephen CHING
Asst Prof, Dept. of Econ and Fin, CityU HK
PhD (Rochester)
- *Competition in
Energy
With a better co-operation between Hong Kong and China, how energy planning and
development may enhance the efficiency of the industry?
by Pun-Lee LAM
Asst Prof, Dept of Business Studies, HK Polytechnic U
PhD (Bristol)
- *Privatizing Water and
Sewage Services
Ways to improve efficiency of the water supply industry in Hong Kong and policies on
privatization and deregulation discussed.
by Pun-Lee LAM
Asst Prof, Dept of Business Studies, HK Polytechnic U
PhD (Bristol)
Yue-Cheong CHAN
Asst Prof, Dept of Business Studies, HK Polytechnic U
PhD (HKUST)
Immigration and Human Resources
- *Labour Market in a
Dynamic Economy
Flexibility of the local labour market in Hong Kong in an uncertain environment studied.
How government policies (with emphasis on manpower training) affect the operation of
labour market explored.
by Wing SUEN
Senior Lecturer, Sch of Econ and Fin, HKU
PhD (Wash)
William CHAN
Lecturer, Sch of Econ and Fin, HKU
PhD (Chicago)
- *Immigration and
the Economy of Hong Kong
Studies the impact of the inflow of Chinese immigrants on wages, economic growth, income
distribution and economic policy of Hong Kong.
by Kit Chun LAM
Assoc Prof, Dept of Econ. H K Baptist U
PhD (Harv)
Pak Wai LIU
Prof, Dept of Econ and PVC, Chinese U OF HK
Member, Commission on Strategic Development (1998-2000)
PhD (Stanford)
- Youth, Society and the Economy
Discusses the youth policy in Hong Kong and suggests how to invest human resources in the
21st century.
by Rosanna WONG
Exec Dir, HK Fed of Youth Groups
Councillor, Executive Council, HK
MSW (Toronto) MSc (London)
Paul CHAN
Dep Exec Dir, HK Fed of Youth Groups
MSW, MSc (HKU)
Housing and Land
- The Private Residential Market
The reasons behind the rapid rise of housing and land prices in Hong Kong described.
Market solutions prescribed to address the housing problem in the light of long term
forecast of demand.
by Alan K.F. SIU
Lecturer, Sch of Econ and Fin, HKU
Executive Director, The Hong Kong Centre for Economic Research
PhD (Harvard)
- *On Privatizing
Public Housing
From an economic point of view, the author seeks long term solution to the problem of
public housing in Hong Kong based on a reliance on market incentives.
by Yue-Chim Richard WONG
Professor, Sch of Econ and Fin, HKU
Director, HK Ctr for Econ Res
PhD (Chicago)
- Financial and Property Markets: Interactions
between the Mainland and Hong Kong
Role of Hong Kong in the development of property and financial markets in China reviewed,
the ways to ensure the continual development of these interactions suggested.
by Pui-King LAU
Assoc Prof and Assoc Head, Dept of Business Studies, HK Polytechnic U
MA(Calif)
- *Town Planning in Hong
Kong: A Critical Review
Discusses the development of town planning in Hong Kong including reforms to enhance its
efficiency.
by Lawrence Wai-Chung LAI
Associate Professor, Dept. of Real Estate and Construction, HKU
Registered Professional Planner
PhD (HKU)
Social Issues
- *Retirement
Protection: A Plan for Hong Kong
Compares the experiences of the countries adopting different retirement schemes; seeks
feasible solutions to meet the future needs of retirees.
by Francis T. LUI
Assoc Prof, Dept of Econ, HK Univ of Sci & Tech
Director, Ctr for Econ Dev, HK Univ of Sci & Tech
PhD (Minn)
- *Income Inequality
and Economic Development
Examines government policies affect the changes in the distribution of income among
individuals and households.
by Hon-Kwong LUI
Asst Prof, Dept of Mktg & Intl Bus, Lingnan College
MSocSc and PhD (HKU)
- *Health Care Delivery
and Financing: A Model for Reform
Prescribe an alternative pricing and financing mechanism which is cost-effective and can
be deliver to all Hong Kong residents in an affordable way.
by Lok-Sang HO
Prof and Director, Ctr for Public Policy Studies, Lingnan College
PhD (Toronto)
- Economics of Crime and Punishment in Hong Kong
Analyzes time series data of crime and punishment in Hong Kong from an economic point of
view; discusses the impact of crime on the economy and the deterrent effect of the penal
system on crime.
by Siu Fai LEUNG
Assoc Prof, Dept of Econ, HK Univ of Sci & Tech
Assoc Prof of Econ, Univ of Rochester
PhD (Chicago)
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