Introduction After decades of neoliberal globalisation, economic insecurity spreads around the globe and affects people of every walk of life. Rising economic inequality becomes an important concern for both advanced and developing countries. Nonetheless, political and business elites around the world never question the neoliberal agenda, despite the economic crises that happen every now and then. The year 2007 may mark the turning point of neoliberal globalisation. After the global financial tsunami kicked off from the burst of the sub-prime mortgage bubble in the United States in 2007, the global economy is facing an economic hardship never heard of since the Great Depression in the 1930s. Hong Kong, as a highly open economy, has also been severely damaged by the financial tsunami. Copyright © 2014 Ka Ho Mok and Maggie K.W. Lau for selection and editorialmatter; individual contributors, their chapters.
|Title of host publication
|Managing social change and social policy in greater China: Welfare regimes in transition
|Ka-Ho MOK, Maggie K. W. LAU
|Place of Publication
|Published - 2014