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What are the premises for rolling out a regular unemployment assistance scheme?

2021-03-15

Hong Kong has been hit hard by the economic crises one after another in the past, resulting in tides of unemployment. While some scholars believe that setting up a regular unemployment assistance scheme would be a right move to tackle the problem, the Government says otherwise. What are their points of disagreement?


Other than the loan scheme, is a temporary unemployment assistance scheme feasible in Hong Kong?

2021-03-10

The unemployment rate in Hong Kong stays high. Although the Government rejected the call for offering temporary cash assistance for the jobless, the latest budget proposed setting up a government-backed loan scheme to relieve the financial burden of the unemployed. Can such a scheme help achieve the effect of dispelling disputes over the issue of the temporary unemployment assistance?


Family education has a bigger role to play amid pandemic

2021-03-08

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.


How will 'social nomads' change the ecology of social media?

2021-03-05

The competition between different social media platforms is fierce nowadays, providing plenty of choices for people to ‘migrate’ from one platform to another. Some users have even gotten used to be active on multiple platforms and become ‘social nomads’. The culture has been reshaping the business model of social media.



Two main considerations for owners to revitalise their industrial buildings

2021-02-26

To unleash the potential of industrial buildings, the Government has introduced various measures to attract owners to redevelop or wholesale convert their properties. However, there is no guarantee that owners will buy in. This article will analyse the two major factors that influence owners’ decision.


The evolution of revitalising industrial buildings

2021-02-19

Hong Kong has implemented the policy on revitalisation of industrial buildings for more than a decade and has adopted various measures to promote the redevelopment and transformation of industrial buildings. To evaluate the effectiveness of the current measures and examine if there is any room for improvement, we should start studying its historical background and transformation, as well as the current market demand for industrial buildings.


Should civil servant have year-end bonus?

2021-02-15

To encourage civil servants to strive for excellence, some overseas governments have introduced performance-linked bonus systems. On the premise that the government has sufficient income, should Hong Kong consider introducing similar scheme?


Debates over the adjustment of stamp duty on stock transaction

2021-02-10

As the Government prepares to release the new annual budget, some scholars and legislators suggested raising the stamp duty rate on stock transaction to increase government revenue. The suggestion, however, has drawn polarised reactions. What are the potential impacts of adjusting the tax rate?


How to adjust the measurement error of CPI caused by the pandemic?

2021-02-08

People’s spending pattern has significantly changed due to the COVID-19 pandemic. A working paper released earlier by the International Monetary Fund pointed out that the rapid changes made the expenditure weights of the consumer price index (CPI) suddenly obsolete, affecting its accuracy and leading to an underestimation of inflation. This analysis will discuss how to improve the inaccuracy of CPI.