Hong Kong: The Ongoing Economic Miracle
Hong Kong today is a doorway to China and the rest of Asia for foreign investors, and one of the wealthiest societies in the world. Its gross domestic product per capita is even higher than Britain’s. And yet, after the Second World War, this minuscule territory of the British Empire, devoid of natural resources, was faced with the problems of a developing country, with a rapidly expanding poor population. In 1960, the average income per capita was still just 28% of what residents of the far-off mother country earned at the time. What explains this economic miracle and the continuing dynamism of Hong Kong’s economy?
Media release :: The economic miracle of Hong Kong shows the ability of capitalism to create wealth
Technical Annex :: Why Invest in Hong Kong?
|Hong Kong est-il l’avenir de la Chine? (Blogue de l’IEDM du Journal de Montréal, November 20, 2013)
Hong Kong: A model for China (National Post, November 8, 2013)