The Literature Network - Farewell Adam Smith. (Hongkong's economy)

Farewell Adam Smith. (Hongkong's economy)

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From: The Economist (US)
Date: 19890930
Author:

Farewell Adam Smith

SHOULD Hongkong's laisser-faire government do an about-face to build Hongkong Inc? On September 26th, SRI International, an American consultancy, published a 300-page study commissioned by a group of Hongkong's top companies, which suggests it should. The study concludes that the Hongkong government will have to become more interventionist if it is to ensure that the colony's nimble manufacturers continue to prosper in the 1990s. With such high-powered sponsors, the report might alter the Hongkong government's strict hands-off approach to the local ...

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