Architect of Prosperity: Sir John Cowperthwaite and the Making of Hong Kong

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Architect of Prosperity: Sir John Cowperthwaite and the Making of Hong Kong

Author :
Rating : 4.86 (841 Votes)
Asin : 1907994696
Format Type : paperback
Number of Pages : 320 Pages
Publish Date : 2013-06-03
Language : English

DESCRIPTION:

Neil Monnery studied at Oxford University and Harvard Business School. He is the author of Safe As Houses? A Historical Analysis of Property Prices (LPP 2011). He is now active in business, investing and research. Smith. He worked for twenty years at The Boston Consulting Group as a Director and Senior Vice President and for ten years as Strategy Director of W.H.

--Yeung Wai-hong , Honorary Publisher of Next Magazine, Hong Kong . --Diane Coyle, professor of economics at the University of Manchester and author of The Economics of Enough (2011) and GDP: A Brief but Affectionate History (2014)Not before time we now have a fascinating book on one of those who helped create Hong Kong's thriving economy. --Lord Patten of Barnes, last governor of Hong Kong and author of East and West (1999) and First Confession: A Sort of Memoir (2017)To this day, people have little idea of Sir John's achievements, which deserve a wider audience. Policy makers today can learn a lot from the focus and the willin

By 2015 its GDP per capita was over 40% higher than Britain's. His resolve was tested constantly over his period in office, and it was only due to his determination, independence, and intellectual rigor that he was not diverted from the path in which he believed so strongly. Perhaps the most important of them all was John Cowperthwaite, who ran the trade and industry department after the war and then spent twenty years as deputy and then actual Financial Secretary before his retirement in 1971. But by the time of the handover of Hong Kong to China in 1997, it was one of the most prosperous nations on Earth. As a British colony it fell to a small number of civil servants to confront these difficult challenges, largely alone. He, more than anyone, shaped the economic policies of Hong Kong for the quarter century after the war and set the stage for a remarkable economic expansion. How much did the civil servants in Hong Kong adopt from this emerging global consensus? Virtually nothing. They rejected the idea of spending more than the government raised in taxes - instead aiming to keep a year

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