The Transformations of the Hong Kong Economy Essay by Top Papers

The Transformations of the Hong Kong Economy
Hong Kong has been, for most of its history, something of an anomaly. For most of the territory's history it was a British colony, but it had almost no British colonialists in residence, with its population in the 1970s being 98% Chinese. Moreover, ...
# 138240 | 2,250 words | 9 sources | MLA | 2008 | US
Published on Dec 01, 2008 in Asian Studies (East Asian Cultures) , Economics (International) , History (British)


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Hong Kong has been, for most of its history, something of an anomaly. For most of the territory's history it was a British colony, but it had almost no British colonialists in residence, with its population in the 1970s being 98% Chinese. Moreover, although it was a British territory for 140 years, its "significant history" dates from 1949 when the Communist Revolution in China utterly transformed its political, social and economic character. This anomalous aspect of Hong Kong will be highlighted in this essay, which will explore the economic transformation of Hong Kong in the modern period. The thesis will be argued that this anomalous aspect of Hong Kong played a critical role in its economic transformation in the critical post-war period as it allowed the Crown Colony/city-state to neatly straddle the primary ideological, territorial, cultural, political and economic demarcation lines in Asia. In this regard, it was not only able to draw upon diverse sources for its development, but its value to all major players in the region was such that everyone had an interest in Hong Kong's continuing success and development. In this regard, its anomalous character represents Hong Kong's critical strategic advantage in its modern economic transformation.

From the Paper:

The Transformations of the Hong Kong Economy In the Post-War Era Introduction Hong Kong has been, for most of its history, something of an anomaly. For most of the territory's history it was a British colony, but it had almost no British colonialists in residence, with its population in the 1970s being 98% Chinese. Moreover, although it was a British territory for 140 years, its "significant history" dates from 1949 when the Communist Revolution in China utterly transformed its political, social and economic character. This anomalous aspect of Hong Kong will be highlighted in this

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