Neil Monnery on Hong Kong and the Architect of Prosperity
EconTalk
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The Economic and Governance Evolution of Hong Kong
The chapter explores the historical transition of Hong Kong from a British colony to Chinese rule, discussing the governance structure and economic development post-World War II. It highlights the role of entrepreneurs in shaping industries and the challenges faced by Hong Kong due to quotas on exports imposed by the US and UK. The chapter also sheds light on the government's intervention in different sectors and the tax system, emphasizing limited involvement in social services.
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