TY - BOOK AU - Goodstadt,Leo F. TI - Poverty in the midst of affluence: how Hong Kong mismanaged its prosperity SN - 9789888180936 AV - HD7061 .P684 2013 PY - 2013/// CY - Hong Kong PB - Hong Kong University Press KW - Poverty KW - China KW - Hong Kong KW - Cost and standard of living KW - Constitutional law KW - Foreign relations KW - Politics and government KW - Electronic Books N1 - 2; Preface --; Introduction : pain, panic and poverty --; Crisis economics : private profits, public pain --; The business of government : less politics, no welfare --; Housing: unending crisis --; Social reforms : too little, too late --; Social reforms : the new poverty --; The undeserving poor --; An absence of advocates : how the 'welfare' lobby --; Lost its voice --; Conclusions : history repeats itself --; Bibliography --; Index; 2; b N2 - Hong Kong is among the richest cities in the world. Yet over the past 15 years living conditions for the average family have deteriorated despite a robust economy, ample budget surpluses and record labor productivity. Successive governments have been reluctant to invest in services for the elderly, the disabled, the long-term sick, and the poor, while education has become more elitist. The political system has helped to entrench a mistaken consensus that social spending is a threat to financial stability and economic prosperity. In this trenchant attack on government mismanagement, Leo Goodstadt traces how officials have created a "new poverty" in Hong Kong and argues that their misguided policies are both a legacy of the colonial era and a deliberate choice by modern governments -- UR - https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=638994&site=eds-live&custid=s3260518 ER -