This book considers the patterns, strategies, and consequences of industrial restructuring in two dynamic Asian city-states, Hong Kong and Singapore, in the global economy. It highlights the institutional differences between the two industrial economies.
Preface -- Hong Kong and Singapore in the World Economy -- Historical Trajectories: Common Legacies, Different Outcomes -- Hong Kong: Locked into Labor–intensive Manufacturing -- Singapore: Manufacturing Fortunes in Sunrise and High Noon Industries -- Hong Kong versus Singapore: Divergent Paths of Economic Change -- Comparing Institutional Legacies and Trajectories -- Conclusion -- Appendix: Survey on Enterprise Strategy1