6 results
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2. Combating Financial Crimes in Hong Kong and Singapore and the Quest for Competitiveness: A Political Economy Perspective.
- Author
-
Hui, Dennis Lai Hang
- Subjects
COMMERCIAL crimes ,POLITICAL economic analysis ,ECONOMIC policy ,INTERNATIONAL competition ,FINANCIALIZATION - Abstract
Despite the growing policy attention to financial crimes, theoretical discussions about the policies that the state has pursued to deal with this problem have been lacking. This paper develops a theoretical framework to understand the politics of financial crimes. It argues that policy efforts against financial crimes pursued by the state can be explained with reference to the financialization of the global economy and the quest for global competitiveness. At the same time, these global forces are mediated by the dynamics of domestic politics, which determines the pace and the scope of financial regulation. This paper then applies this theoretical framework to explain the differences between Hong Kong and Singapore in their efforts to deal with financial crimes. The difference in terms of their regulatory thrusts in financial affairs relates to their divergent economic ideologies. The final part of this paper highlights the key challenges that Shanghai is facing in dealing with financial crimes with reference to the relevant historical experiences of Hong Kong and Singapore. [ABSTRACT FROM AUTHOR]
- Published
- 2014
- Full Text
- View/download PDF
3. Embodied energy in service industry in global cities: A study of six Asian cities.
- Author
-
Guo, Shan, Li, Yilin, Hu, Yunhao, Xue, Fan, Chen, Bin, and Chen, Zhan-Ming
- Subjects
ENERGY industries ,CITIES & towns ,GLOBALIZATION ,SUSTAINABLE urban development ,GLOBAL studies ,POWER resources - Abstract
Energy is a resource of strategic importance for cities, a fortiori global cities that rely on tremendous indirect energy embodied in interregional trades of service industries. The assessment of embodied energy in service industries is thus vital to the committed sustainable development of global cities and fundamental to tailor-made local policymaking. This paper applies Multi-Regional Input-Output analysis to the assessment of total embodied energy in service industries in six global cities, i.e., Beijing, Chongqing, Hong Kong, Shanghai, Singapore, and Tianjin. It is found that Hong Kong and Singapore have relatively lower energy use intensities compared with the four cities located in Mainland China. Service industries consume 17.02∼46.40 % of total embodied energy in the six cities. Coastal cities like Tianjin, Shanghai, Hong Kong, and Singapore have higher proportions of transportation consumption. The four Chinese mainland cities consume a larger proportion of coal than Hong Kong and Singapore. The method and the findings of this paper are expected to facilitate both the government and the industries in energy policymaking for a smarter and more sustainable urban economy. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
4. Beyond the neoliberal orthodoxy: alternative financial policy regimes in Asia’s financial centers.
- Author
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Woo, J.J.
- Subjects
NEOLIBERALISM ,FINANCIAL services policy ,ECONOMIC development ,TWENTY-first century ,ECONOMIC history ,ECONOMIC policy - Abstract
This article conceptualizes the financial policy regimes of London, Hong Kong, Singapore and Shanghai, in the process of comparing and contrasting the sociopolitical relations that exist within the four cities. Based on the data collected from extensive field research, I identify four distinct financial policy regimes. First, a combination of low state intervention and influential industry actors in London reflects a financial policy regime that features dominant industry interest groups. While Hong Kong similarly features low state intervention, its industry actors are not influential. In contrast, financial sector development in Singapore features a ‘cocreation’ of financial policies by a close-knit network of state and industry actors. Lastly, Shanghai’s financial policy regime is largely dominated by state actors from both the central and local levels. By delineating and analyzing the policy regimes of the four international financial centers (IFCs), this article provides the first step toward a clearer and more critical understanding of how sociopolitical relations impact IFC development. In the process, it extends the analysis of IFCs beyond conventional neoliberal understandings of economic development. [ABSTRACT FROM PUBLISHER]
- Published
- 2015
- Full Text
- View/download PDF
5. Tall Buildings' Lower Public Spaces: Impact on Health and Behavior.
- Author
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Yu Ye, Zhendong Wang, Dong, Nannan, and Xihui Zhou
- Subjects
HEALTH behavior ,PUBLIC spaces ,TALL building design & construction ,TALL buildings ,SOCIAL impact ,VIRTUAL reality ,MEGALOPOLIS ,URBAN planning - Abstract
Tall buildings unquestionably need to improve their impact on the urban habitat. A human-focused approach to measuring the social impact of tall buildings' ground conditions, i.e., public space and interface, has been applied in three CBDs of Asian megacities facing similar problems: Shanghai, Hong Kong and Singapore. Specifically, typical patterns and categories of lower-level public spaces among the three CBDs were abstracted via typological analyses and field studies. Evaluations of social impacts were achieved through statistical surveys, wearable devices and virtual reality environments. The study revealed the quantitative relevance between tall buildings' lower public spaces and their social effects. The findings of this study could support more efficient place-making and promote better social benefits around tall buildings' ground planes. The research also suggests a design code for tall buildings aimed at a more human-oriented urban habitat. [ABSTRACT FROM AUTHOR]
- Published
- 2020
6. Moguls of the Chinese Cinema: The Story of the Shaw Brothers in Shanghai, Hong Kong and Singapore, 1924-2002.
- Author
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Po-Yin Chung, Stephanie
- Subjects
MOTION pictures ,VERTICAL integration ,MOTION picture industry - Abstract
The article presents an overview of the Shaw enterprise run by the Shaw brothers in Shanghai, Hong Kong, and Singapore in the context of the Chinese cinema. The Shaw organization has evolved in these countries through its model of vertical integration that enables it to keep up with various technological advancements for business expansion. The author notes that this Chinese family business continues to project its conventional nature despite its integration of a western industrial model.
- Published
- 2007
- Full Text
- View/download PDF
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