The politics of wealth distribution in Hong Kong
Asian Business and Economics Research Unit Newsletter
A leading US politician, Tip O’Neill, famously argued that “all politics is local”. Despite the deep political interest taken by Beijing in the Hong Kong Special Administrative Region (HKSAR), this claim still largely holds true in Hong Kong. For example, the way Hong Kong political figures conduct themselves is what will most shape the outcome of the Legislative Council (LegCo) elections later this year. And perhaps no aspect of politics is more “local” than the way a government taxes - and then spends its revenue.
This article was also published as "The tipping point", South Chine Morning Post, June 2008.
Culen, R., & Simmons, R. (2008). The politics of wealth distribution in Hong Kong. Asian Business and Economics Research Unit Newsletter, (Jun. 2008), 13-15.