This article investigates whether the stock markets of the Pacific Basin countries of Hong Kong, Singapore, South Korea, and Taiwan are informationally efficient with respect to macroeconomic policies. Granger causality tests are utilized in the context of a Vector Error Correction Model to test...

Das gegenwärtige Wirtschaftswachstum in Südkorea flaut ab (1988 + 12,2%; 1989 + 6,5%). Die ausländischen Direktinvestitionen haben abgenommen, die eigenen Investitionen im Ausland dagegen haben sich nahezu verdoppelt. Durch Steigerungen der Gesamtausgaben um 18% (1990), Reduzierung...

When discussing inequality and poverty in Hong Kong, scholars and politicians often focus on the failures of government policy and push for an increase in social welfare. Richard Wong argues in Fixing Inequality in Hong Kong that universal retirement support, minimum wage, and standard hours of...