Archive III
 

 

(III) Hong Kong, China and the Rest of the World (Issues)
Papers on Hong Kong's ''Dual Economy'' Date File format
"Hong Kong Economy: Introductory notes"  September 2008 PDF
"The Asymmetric Economic Integration between Hong Kong and Mainland China"  15 April 2008 PDF
"The Hong Kong Economy under Asymmetrical Integration: Structural Transformation or dissolution?"  Fall 2007 PDF
"Border? What border?"  26 August 2007 PDF
"The Hong Kong economy: Structural transformation or dissolution?"  24 October 2006 PDF
"Dual economy in Hong Kong: A quick explanation"   20 February 2005 HTML
"Hong Kong of China, Hong Kong of the World" (For a  report by Ta Kung Pao of my presentation in Chinese at the seminar, click here.)  15 September 2003 PDF
"Economics of SARS in Context" 2 July 2003 PPT  PDF
"Hong Kong's Economic Strategy Reconsidered" 7 April 2003 MS Word  PDF
"Fiscal deficit, bonds and currency board" (3/3/03) "Addendum" (5/3/03) "Postscript" (25/3/03) 3  March 2003 MS Word  PDF
"A clarifying note on dual economy" 24 June 2002 MS Word 
"Hong Kong in the 21st Century: Sustainable Economic, Social and  Political Developments---Executive Summary in English" (A Report by the Hong Kong Foundation for Social Democracy. I was one of the writers of the Report, the full version of which is available in Chinese. There is a special collection of discussions in Chinese on the issues of the "dual economy" on  the site. ) October 2001 MS Word

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"The Political Economy of Unhappiness" with an epilogue on 18 March 2001 21 January 2001 PDF
"A Few Practical Ideas about the Hong Kong Economy" (including that on the "dual economy".) 25 October 1999 PDF
"The Hong Kong Economy in the Midst of the Financial Crisis" 26 September 1998 HTML
"The Hong Kong Economy and the 1997 Transition" 29 June 1997 MS Word
"The Economy" October 1994 MS Word
"Hong Kong's Future Development in a Changing Environment" ("Really pessimistic!", according to a lady who is now a top Government official. Those were not my words, so the rule about being proper speech-wise doesn't apply here. As history unfolds, I actually erred on the optimistic side.) November 1993 HTML
"Income Distribution" 1993 PDF
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"¤j°ÊÀú»P¤p«¬¶}©ñ¸gÀÙ¢w­»´ä¤ñÄvª§¹ï¤â§ó¯àÀ³¥I¬D¾Ô¡H" 1999¦~1¤ë11¤é HTML
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"­»´ä¸gÀÙ©¹¦ó³B¥h¡S" 1995¦~11¤ë15¤é HTML
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Technical and Non-technical Papers on the Chinese Economy Date File Format
"Internationalisation and full convertibility of the Renminbi" 17 July 2010 PDF
"FDI-driven Trade and Economic Growth in China", with Wong Pui-yan, Pennie October 2009 PDF
"Dragon Weathering the Storm: Blue Sky Ahead?"at the Conference on "Global and China's Economy and Hong Kong's Future Development" organized by the Central Policy Unit, HKSARG  "RTHK Webcast"   29 September 2008 PPT
"The Influence of Current Account Imbalance on Money and Price Stability in China" (with Yue Ma)  (A paper presented at the 8th Australasian Macroeconomics Workshop 23 September 2003 PDF
"Inflation Targeting in China?" (For the summary, click here.) October 2002 PDF
"The Full Convertibility of Renminbi: Sequencing and Influence", with Shucheng Liu, Zhijun Zhao, Yue Ma, Matthew S. Yiu and Yak-yeow Kueh  April 2002 PDF
"Banking Deregulation and Macroeconomic Impact in China: A Theoretical Analysis and Implications of WTO Accession to the Mainland and Hong Kong", with Zhijun Zhao, Yue Ma, Yak-yeow Kueh, Matthew S. Yiu and Shucheng Liu  April 2002 PDF
"Towards the Full Convertibility of the Renminbi?" 1997 PDF
"Inertia, Resistance and Forced Innovation: A Longer View of China's Recent Financial Reforms" (1996) (A briefer version was publish in 1998 by the International Journal of Public Administration.) 1996 PDF
"What Soft Landing Means in China" late summer 1994 PDF
"Towards Full Convertibility? China's Foreign Exchange Reforms" August 1994 PDF
"China's Tax Reforms of 1994: Breakthrough or Compromise?" with Cheng Yuk-shing Summer 1994 PDF
"Towards a System of Modernized Macroeconomic Control in China?" late 1993 PDF
"The Foreign Exchange System in China: Review and Outlook" 23 September 1993 PDF
"The Endogeneity of the Money Supply in China: An Empiricial Test" May 1991 PDF
"Is the Quantity Theory of Money Relevant to China?" circa 1991 PDF
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"国际ª÷¿ÄÉO¤H¥Á币汇²v¨î«×§ï­²ªº¼v响" 2005¦~11¤ë1¤é  PDF
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Papers on China-Hong Kong Political and Economic Relations Date File format
"From 'One Country, Two Systems' to Monetary Integration?" September 2002 PDF
"The Integration of China and Hong Kong into the World Economy: A Prototype Global Econometric Model" with Yue Ma   September 2000 PDF
"The Economic Link-up of Hong Kong and Guangdong: Structural and Developmental Problems", with  Cheng Yuk-shing. (You've been properly warned.) July 1996 PDF
"The Tightrope Among Nationalism, Democracy and Pragmatism" 21 February 1993 HTML
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"¾ú¥v¦Q¸Þ»P¥Á¥D¦^Âk" 1994¦~6¤ë20¤é MS Word
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Papers on Crises and Other Economic Issues Date File format
"Global Financial Challenge: Post-Tsunami Era" 20 September 2011

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"Two-Speed Recovery under Tectonic Effect?  --  Comments on IMF Regional Economic Outlook: Asia and Pacific" 28 April 2011

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"Behind Disasters: A Layman's Impressions" 3 April 2011

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"The Jasmine Revolution and demography"  27 February 2011

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"Down Wave Act II"  6 May 2010

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"History unfolding - economic crisis in an uneven world"  4 May 2005

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"Delayed calls: the paradox of demand side deflation versus supply side inflation"  16 May 2004

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"A note on spatial perspectives: Tacit knowledge, embeddedness and clusters"  15 February 2004

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"Long Waves: An Update"  30 July 2003 MS Word

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"In the Shadow of Unsynchronized Long Waves---From Bubbles to Disinflation to Debt-deflation"  29 October 2002 MS Word

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"Kondratieff Long Waves Unsynchronized---KLUWs---at Last?" (A " new" interpretation of  Kondratieff long waves.)  8 April 2001 MS Word

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"Behind Economic Globalization and the Amazing IT Stock Boom"  7 February 2000 PDF
"Long Wave, Globalization and Technological Salvation" (Kondratieff long waves revisited, after a decade.) 9 March 1999 MS Word
"From Miracle to Crisis: The Role of Domestic and International Money" 6 March 1998 PDF
"Against 'big bang' in economic transition: normative and positive arguments" 1996 PDF
"My Views on the Present Maladies of the World Economy and Recommendations to the Economic Summit of the Developed Countries" (This was the only piece in English that I wrote about the Kondratieff long waves in the 1980s.)  October 1988 PDF
"Testing Money-Income Causality in South Korea" (An early academic exercise published on the Hong Kong Economic Papers. I lost the original long time ago.)  December 1986 PDF
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