Suchergebnisse

The fusion of know-how and capital from Hong Kong and Taiwan with the substantial labour resources on China has led to the emergence of a dynamic economy of 'Greater China' rivalling the USA, the European Union and Japan. What is the nature and trend of trade and investment within Greater China? What are the impacts on the world economy? With China's entry into the WTO, what are the problems and prospects of Greater China? These are some of the issues raised within Yun-Wing Sung's book.

The paper focuses on the Hong Kong economy and attempts to measure the contribution of Hong Kong's integration with mainland China to its GDP growth rate. Two linkages have received particular attention, namely, Hong Kong's foreign direct investment (FDI) in China and immigrants from China. While the former is assumed to stimulate capital investment in Hong Kong but at the same time to reduce human capital formation (owing to a shrinkage of its domestic manufacturing sector), the latter is assumed to further reduce Hong Kong's average human capital because immigrants tend to be less educated. By making some assumptions about the future trajectories of Hong Kong direct investment in China and Chinese immigrants into Hong Kong after its reversion to China, the paper offers some predictions about Hong Kong's future economic growth.

Die Untersuchung hat die Bedeutung Hongkongs und Macaos für den Export der VR China zum Thema. Aufgezeigt werden der Umfang des chinesischen Handels mit und über die Städte Hongkong und Macao. Hongkong hat etwa einen Anteil von 14 % am chinesischen Außenhandel, während der von Macao lediglich 1,4 % ausmacht. Es wird die Bedeutung dieser beiden kapitalistischen Städte als Experimentierfeld für die Öffnung des chinesischen Marktes analysiert. (DÜI-Xyl)

This paper analyses gender wage differentials and the role of occupational segregation in Hong Kong. It is found that the female–male earnings ratio increased substantially from 0.710 in 1981 to 0.839 in 1996. A decomposition which takes into account occupational differences shows that the gender pay gap is mostly within occupations and most of the intra‐occupation wage gap is unexplained. The gender pay differential due to occupational differences is small; in fact, the overall occupational segregation favours females in Hong Kong.