Helping the Rich get Richer: A Re-assessment of the Income Distributional Trend in Hong Kong.
Although many are under the impression that income inequality in Hong Kong has been continually on the rise, the picture presented by official statistics is mixed. This article suggests that official statistics, due to limitations in their design, have underestimated the impact of the top earners. U...
| Publicado en: | Asian Studies Review Vol. 41; no. 2; pp. 191 - 209 |
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| Formato: | Artículo |
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Taylor & Francis Ltd
Jun2017
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=122571400&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 122571400 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 10357823 SDR jtl: Asian Studies Review issn: 10357823 maglogo: Y pubinfo: dt: Jun2017 vid: 41 iid: 2 pid: 377 pub: Taylor & Francis Ltd artinfo: ui: 122571400 10.1080/10357823.2017.1296816 ppf: 191 ppct: 18 formats: fmt: – @attributes: type: T – @attributes: type: P size: 1.1MB tig: atl: Helping the Rich get Richer: A Re-assessment of the Income Distributional Trend in Hong Kong. aug: au: Wong, Mathew Y. H. affil: University of Hong Kong su: Income inequality Taxation Political paticipation of rich people Political participation Upper class Social impact Hong Kong (China) China sug: subj: Hong Kong (China) China Income inequality Taxation Political paticipation of rich people Political participation Upper class Social impact keyword: Hong Kong political participation redistribution taxation wealth accumulation ab: Although many are under the impression that income inequality in Hong Kong has been continually on the rise, the picture presented by official statistics is mixed. This article suggests that official statistics, due to limitations in their design, have underestimated the impact of the top earners. Utilising taxation data, a continuous and strong growth in inequality can be identified when the distribution among taxpayers is considered, providing an alternative picture of inequality in Hong Kong. It is argued that the surge in income inequality is driven in part by the rich earning more rather than by more people becoming rich. The Hong Kong government, instead of adopting redistributive measures to alleviate the situation, has exacerbated inequality through policy choices that strongly favour the richest group. Although these actions might be explained in relation to the political influence wielded by the business sector and the upper class, the social implications of inequality cannot be neglected. Apart from a stronger demand for democracy, perceptions of income inequality and the pro-rich bias in the political system significantly affect people’s political views, as seen in the support for the recent Occupy Movement. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y custom: Copyright of Asian Studies Review is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. item: Asian Studies Review holder: Taylor & Francis Ltd dt: @attributes: year: 2017 holdings: @attributes: islocal: N |
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