Growing socio-economic inequalities

Hon Kwong LUI

doi:10.4324/9781315660530-15

Growing socio-economic inequalities

Hon Kwong LUI

Department of Marketing and International Business

Research output: Book Chapters | Papers in Conference Proceedings › Book Chapter › Research › peer-review

5 Citations (Scopus)

Abstract

After the handover in 1997, Hong Kong was doing quite well, but not all workers and households could benefit from the economic success. This chapter analyzes the changes in income dispersion in Hong Kong during the period from 1997 to 2016. All income inequality measures presented show that the income dispersion has widened continuously. The single-person households and two-person households have the lowest growth in median income and the most uneven distribution of income when compared with households with three or more members. Moreover, there was increasing number of elderly living alone. As Hong Kong is facing an aging population, these changes have important policy implications. If not treated properly, it is highly likely that these issues could gradually evolve into a social time bomb.

Original language	English
Title of host publication	Routledge Handbook of Contemporary Hong Kong
Editors	Tai-lok LUI, Stephen W. K. CHIU, Ray YEP
Publisher	Taylor and Francis Ltd.
Chapter	14
Pages	247-258
Number of pages	12
ISBN (Electronic)	9781317337379, 9781317337362
ISBN (Print)	9781138959934
DOIs	https://doi.org/10.4324/9781315660530-15
Publication status	Published - Jul 2018

Publication series

Name	Routledge Handbook of Contemporary Hong Kong

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 10 Reduced Inequalities

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10.4324/9781315660530-15

Cite this

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title = "Growing socio-economic inequalities",

abstract = "After the handover in 1997, Hong Kong was doing quite well, but not all workers and households could benefit from the economic success. This chapter analyzes the changes in income dispersion in Hong Kong during the period from 1997 to 2016. All income inequality measures presented show that the income dispersion has widened continuously. The single-person households and two-person households have the lowest growth in median income and the most uneven distribution of income when compared with households with three or more members. Moreover, there was increasing number of elderly living alone. As Hong Kong is facing an aging population, these changes have important policy implications. If not treated properly, it is highly likely that these issues could gradually evolve into a social time bomb.",

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language = "English",

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AB - After the handover in 1997, Hong Kong was doing quite well, but not all workers and households could benefit from the economic success. This chapter analyzes the changes in income dispersion in Hong Kong during the period from 1997 to 2016. All income inequality measures presented show that the income dispersion has widened continuously. The single-person households and two-person households have the lowest growth in median income and the most uneven distribution of income when compared with households with three or more members. Moreover, there was increasing number of elderly living alone. As Hong Kong is facing an aging population, these changes have important policy implications. If not treated properly, it is highly likely that these issues could gradually evolve into a social time bomb.

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SN - 9781138959934

T3 - Routledge Handbook of Contemporary Hong Kong

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BT - Routledge Handbook of Contemporary Hong Kong

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A2 - CHIU, Stephen W. K.

A2 - YEP, Ray

PB - Taylor and Francis Ltd.

ER -

Growing socio-economic inequalities

Abstract

Publication series

UN SDGs

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