By Warren I. Cohen, Li Zhao
The focal point of this ebook is the impression chinese language regulate is probably going to have on Hong Kong's function within the overseas economic climate, and the way the enterprise group might be affected. problems with alternate and finance, of political economic climate, and issues approximately chinese language appreciate for the rule of thumb of legislations predominate. the result's a balanced research of a delicate topic: the clients for Hong Kong's persisted luck and freedom.
Read Online or Download Hong Kong under Chinese Rule: The Economic and Political Implications of Reversion (Cambridge Modern China Series) PDF
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Additional info for Hong Kong under Chinese Rule: The Economic and Political Implications of Reversion (Cambridge Modern China Series)
The models vary in the importance attached to a robust "rule of law" of any scope, the perceived tightness of the link between the rule of law in the "economic" and "political" spheres, and the sense of what degrees and dimensions of continuity and autonomy are necessary in the transition from colony to SAR. China Model The first model posits a quite weak form of legality. It concedes that a rule of law framework for structuring voluntary, market-oriented activity requires some fairly substantial and sophisticated laws, some capacity to adapt those laws to changing circumstances, and some mechanisms for making the norms embodied in laws relevant in practice.
5 (quoting Lee Kuan Yew). 36 Cooking the Rice without Cooking the Goose Seeking to build upon the trends toward stronger legal protection of civil liberties and expanded democracy that have marked Hong Kong's recent political development, this model draws on the ideals of Western liberal democracies, primarily the United States and Great Britain. It adopts a vision of an inseparable rule of law for political and economic affairs, its elements mutually supportive and necessarily grounded in liberal-democratic values and accountable institutions.
Its main referents are the booming areas of the reform-era PRC, where the economy has thrived despite a limited vision, and even weaker realization, of the rule of law. It also fits some critical readings of Hong Kong before 1974, when the government established the Inde34 Cooking the Rice without Cooking the Goose pendent Commission Against Corruption and began an aggressive campaign to attack bribery, kickbacks, and the like. It assumes or accepts extensive use of guanxi (personal connections) among business leaders and officials, timely (often corrupt) interventions by government authorities in business affairs, and reliance on a variety of informal norms and sanctions to supplement a lessthan-perfect legal system.