CIAO DATE: 6/03

The Second Term of Chief Executive Tung Chee-hwa: The Dual Problems of Performance and Capacity

Wilson Wong

April 2003

Brookings Institution

 

Abstract

In the more than five years since Hong Kong returned to Chinese sovereignty, it has suffered economical, social, and political decline. The root cause of this decline, and the key variable for the next five years, is institutional weakness. Specifically, the Hong Kong government must address the dual problems of poor performance and low capacity in order to reverse the decline and get Hong Kong back on track for economic growth and institutional development.

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