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Regional and economic development
Analyses

A lesson from Taiwan's consumer voucher scheme

To boost local consumption, the Government is planning to issue electronic consumption vouchers worth $5,000 to each eligible Hong Kong resident aged 18 or above. Taiwan government distributed consumption vouchers to their residents in the wake of the 2008 financial tsunami in order to revitalise the economy. Yet, after studying the economic data over that time, two Taiwan scholars revealed that the economic benefits of the scheme did not live up to expectations. What can the Government learn from Taiwan’s experience?

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Education and human resources
Analyses

Family education has a bigger role to play amid pandemic

All kindergartens, primary and secondary schools have suspended face-to-face classes and school activities during the pandemic. Students staying at home for prolonged periods can pose challenges to maintaining physical and mental health. For example, lack of exercise and unhealthy eating habits can cause overweight problems. As it is currently difficult for schools and social institutions to provide substantive support face-to-face, parents have a bigger role to play in helping their children stay healthy.

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