China, Hong Kong and the World Economy

LOK SANG HO has diverse research interests covering a broad spectrum of policy areas including health policy, labour market policy, education, housing markets, international monetary systems, fiscal and monetary policy, and the economies of Hong Kong and China. He has authored over 70 refereed journal articles and book chapters, and several books, including Principles of Public Policy Practice. ROBERT ASH is Professor of Economics with reference to China and Taiwan at the School of Oriental and African Studies (SOAS), University of London, UK where he teaches in the Department o

• Foreword by; J.C.H.Chai Foreword by; V.H-c.Cheng Notes on the Contributors List of Abbreviations Introduction; L.S.Ho & R.Ash PART 1: CHINA AND GLOBALIZATION China and the Global Economy: Challenges, Opportunities, Responsibilities; J.E.Stiglitz Unilateral and Regional Trade Liberalization: China's World Trade Organization Accession and Free Trade Agreement with the Association of South East Asian Nations; M.Saygili & K-y.Wong The Economic Impact of China's Emergence as a Major Trading Nation; W.T.Woo Effects of Real Exchange Rate Volatility and Misalignment on Commodity Exports: The Case of China; T.Voon & J.Ran A Sustainable Currency Regime for Hong Kong and the Mainland; L.S.Ho PART 2: HONG KONG AS CHINA'S CITY AND AS A GLOBAL CITY Hong Kong as a Financial Centre of China and the World; Y.C.Jao The Evolving Role of Hong Kong as China's Middleman; Y-w.Sung Market Integration between Hong Kong and the Chinese Mainland; C.S.Fan, N.Li & X.Wei Economic Integration between Hong Kong and China: Did Trade Hurt Hong Kong's Unskilled Workers? K-y.Cheung & C.S.Fan Macroeconomic Instability in Hong Kong: Internal and External Factors; Y.Ma & R.C.W.Ng PART 3: FOREIGN DIRECT INVESTMENT, TECHNOLOGY TRANSFER, AND ECONOMIC RESTRUCTURING Taiwan's Scientific and Technological Development: A Newly-industrializing Economy Experience of Institutional Evolution; C.Howe Spillover Effects of Foreign Direct Investment and Technology Transfer in China: Before and After its Accession to the World Trade Organization; P.Lin The Impact of Trade Policy on Total Factor Productivity , Efficiency and Technology: The Case of Chinese Provinces in the 1990s; Y.Chen PART 4: TRADE, INVESTMENT, AND IMPLICATIONS FOR KEY ECONOMIC SECTORS Investment, Investment Efficiency and Economic Growth in China; J.Zhang Recent Developments in China's Agriculture and Prospects for Future Agricultural Trade: Observations from the Grain Sector; R.Ash Environmental Impact on the Manufacturing Sector of China's Accessionto World Trade Organization; J.C.H.Chai PART 5: CORPORATE GOVERNANCE AND MANAGEMENT The Supervisory Board in Chinese Corporate Governance; O.K.Tam & H.W.Hu Managerial Autonomy and Firm Performance in China's Listed Firms; E.C.Chang & S.M.L.Wong Index