THE ASIAN FINANCIAL CRISIS, DEFLATION, AND STRUCTURAL CHANGE IN HONG KONG

Author(s):  
Alan K. F. Siu ◽  
Yue-Chim Richard Wong
Asian Survey ◽  
2008 ◽  
Vol 48 (4) ◽  
pp. 673-702 ◽  
Author(s):  
Stephen W. K. Chiu ◽  
Alvin Y. So ◽  
May Yeuk-mui Tam

Abstract Through analyzing primary and secondary data, this paper argues that flexible employment practices in Hong Kong are largely employer-driven. This feature is explicable by the low level of government intervention in industrial relations, the development of the labor movement, and the Asian financial crisis that accentuated employers' prerogatives in employment relations.


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