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Essay / Research Paper Abstract
An 11 page paper assessing Hong Kong’s changing culture. Hong Kong, always Chinese but long controlled by Western influence, now finds itself facing a crisis point in its social and economic development. The age of rapid economic growth appears to have ended, and Hong Kong needs to better align its strategies with the course that globalization seems to be pursuing. One significant change likely will be in the area of vocational education, a lesson that other developed economies have discovered as China and other nations continue to glean much of the world’s manufacturing activities. The purpose here is to examine Hong Kong’s current status and identify some of the ways that the government can ease the transition from one plane to the next. Bibliography lists 11 sources.
Page Count:
11 pages (~225 words per page)
File: CC6_KSsocHongKongEvo.rtf
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Unformatted sample text from the term paper:
Hong Kong, always Chinese but long controlled by Western influence, now finds itself facing a crisis point in its social and economic development. The age of rapid economic growth
appears to have ended, and Hong Kong needs to better align its strategies with the course that globalization seems to be pursuing. One significant change likely will be in
the area of vocational education, a lesson that other developed economies have discovered as China and other nations continue to glean much of the worlds manufacturing activities. The purpose
here is to examine Hong Kongs current status and identify some of the ways that the government can ease the transition from one plane to the next. Interface of Cultures
Lui, a sociology professor at the Chinese University of Hong Kong, addresses changes in the social and economic structures of Hong Kong, particularly
as they have been affected first by reversion to Chinese control in 1997 and then by the Asian currency crisis of 1998. As the long-standing financial center of Southeast
Asia, Hong Kongs place in that role increasingly is threatened by evolution in other Asian economies, most notably that of Singapore. Both nations are defined by the Organization for
Economic Cooperation and Development (OECD) as "mature," rather than developing. As such, their economies are well-established and actively progressing away from being centered on low-cost manufacturing.
This has been the case in Hong Kong for far longer than it has in Singapore, for Hong Kongs association with the West and its development
as a financial center trained on entrepreneurial development was well underway when Singapore implemented the first of its five-year plans to gain economic development in 1961. Development in Hong
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