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The economic roots of the umbrella movement in Hong Kong : globalization and the rise of China

Author: Louis Augustin-Jean; Anthea H Y Cheung
Publisher: London : Routledge, Taylor & Francis Group, 2018.
Series: Routledge contemporary China series.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
"In the autumn of 2014, thousands of people, young and educated in their majority, occupied the chief business district and seat of the government in Hong Kong. The protest, known as the Umbrella Movement, called for genuine democracy, as well as a fairer social and economic system. The book aims to provide a dynamic framework to explain why socioeconomic forces converged to produce such a situation. Examining  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Augustin-Jean, Louis.
Economic roots of the umbrella movement in Hong Kong.
Abingdon, Oxon ; New York, NY : Routledge, 2018
(DLC) 2017048637
(OCoLC)1008758820
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Louis Augustin-Jean; Anthea H Y Cheung
ISBN: 9781351255493 1351255495 9781351255509 1351255509 9781351255486 1351255487 9781351255516 1351255517
OCLC Number: 1024273809
Description: 1 online resource (xvii, 142 pages).
Contents: Cover; Half Title; Book Title; Copyright; Contents; List of Tables; Preface and acknowledgements; Abbreviations; Introduction; Notes; Bibliography; 1. The institutional context The main principles of 'One Country, Two Systems' and the National People's Congress Standing Committee decision; A short recall of the main principles of the Basic Law and their interpretation; The effective power of the Chief Executive between theory and practice: a literature review and interpretation of the crisis of legitimacy of the government; Notes; Bibliography. 2. The bumpy road of Hong Kong economy between China and globalization, and the disenchantment of the youth; The changing position of Hong Kong as intermediary: globalization process and China's influence; The disenchantment of the youth and the difficulties of the middle class; Notes; Bibliography; 3. China and globalization forces in the rise of inequality and the prospects for the educated youth; Documenting Hong Kong's inequality; Inequality, globalization and the China factor --
an interpretation; The push for higher education and the evolution of incomes; Notes; Bibliography. 4. Closing the loop Oligopolistic Hong Kong --
the local economy in the shadow of the Competition Ordinance and taxation policiesFrom the concentration of the property market to the oligopolies of the Hong Kong economy; The introduction of the Competition Ordinance and its limits; A few remarks on tax and inequality; Notes; Bibliography; Conclusion; Notes; Bibliography; Index.
Series Title: Routledge contemporary China series.
Responsibility: Louis Augustin-Jean and Anthea H.Y. Cheung.

Abstract:

"In the autumn of 2014, thousands of people, young and educated in their majority, occupied the chief business district and seat of the government in Hong Kong. The protest, known as the Umbrella Movement, called for genuine democracy, as well as a fairer social and economic system. The book aims to provide a dynamic framework to explain why socioeconomic forces converged to produce such a situation. Examining increasing inequality, rising prices and stagnating incomes, it stresses the role of economic and social factors, as opposed to the domestic political and constitutional issues often assumed to be the root cause behind the protests. It first argues that globalization and the increasing influence of Chinas economy in Hong Kong has weighted on salaries. Second, it shows that the oligopolistic nature of the local economy has generated rents, which have reinforced inequality. The book demonstrates that the younger generation, which is still finding its place in society, has been particularly affected by these phenomena, especially with social mobility at a low point. Offering a new approach to studying the Umbrella Movement, this book will appeal to students and scholars interested in Hong Kong's political landscape, as well Chinese politics more broadly."--Provided by publisher.

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