Economic prosperity or democracy : dilemma of development in Hong Kong and China

Jermain, Tak Man LAM, Ka Ho, Joshua MOK

Research output: Journal PublicationsJournal Article (refereed)Researchpeer-review

3 Citations (Scopus)

Abstract

After Hong Kong is integrated with mainland China in July 1997, the economic and political environments of the two places will inevitably link up with each other. Economic modernization significantly not only improves the living conditions of the Chinese, but also alters their social structure and political values. As such, economic prosperity and democracy become the two conflicting values in Hong Kong and China during the transition to 2000. The people of Hong Kong and China are presented a choice over two mutually exclusive targets: economic prosperity vs. democracy. On the one hand, the choice for economic prosperity' will imply no democracy because a conservative political system will be maintained to preserve the political status quo. On the other hand, the choice for democracy will imply no economic prosperity, because democratization will be suppressed and hence the economy will suffer as a result of political instability. However, neither of these two choices could offer the people of Hong Kong and China a genuine prosperity and stability. Therefore a congruent relationship between the economy and the political system must be established and maintained. As prosperity is contributed by both economic growth and political stability, neglection of either of these two elements will not result in a long-lasting prospering. Thus, economic development and democratization are two complementary, rather than contradicting forces on the road to development in China.
Original languageEnglish
Pages (from-to)461-485
Number of pages25
JournalJournal of Contemporary China
Volume6
Issue number16
DOIs
Publication statusPublished - 1 Nov 1997
Externally publishedYes

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prosperity
democracy
Hong Kong
China
economics
political system
democratization
political instability
social structure
economy
political stability
modernization
living conditions
economic growth
economic development
Values
road

Bibliographical note

source: https://www.scopus.com/inward/record.uri?eid=2-s2.0-0004272394andpartnerID=40andmd5=781f9b49eb2dbfc72b11a07c9ab62396

Cite this

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title = "Economic prosperity or democracy : dilemma of development in Hong Kong and China",
abstract = "After Hong Kong is integrated with mainland China in July 1997, the economic and political environments of the two places will inevitably link up with each other. Economic modernization significantly not only improves the living conditions of the Chinese, but also alters their social structure and political values. As such, economic prosperity and democracy become the two conflicting values in Hong Kong and China during the transition to 2000. The people of Hong Kong and China are presented a choice over two mutually exclusive targets: economic prosperity vs. democracy. On the one hand, the choice for economic prosperity' will imply no democracy because a conservative political system will be maintained to preserve the political status quo. On the other hand, the choice for democracy will imply no economic prosperity, because democratization will be suppressed and hence the economy will suffer as a result of political instability. However, neither of these two choices could offer the people of Hong Kong and China a genuine prosperity and stability. Therefore a congruent relationship between the economy and the political system must be established and maintained. As prosperity is contributed by both economic growth and political stability, neglection of either of these two elements will not result in a long-lasting prospering. Thus, economic development and democratization are two complementary, rather than contradicting forces on the road to development in China.",
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Economic prosperity or democracy : dilemma of development in Hong Kong and China. / LAM, Jermain, Tak Man; MOK, Ka Ho, Joshua.

In: Journal of Contemporary China, Vol. 6, No. 16, 01.11.1997, p. 461-485.

Research output: Journal PublicationsJournal Article (refereed)Researchpeer-review

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