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2006-09-17

Professor Lok-Sang Ho
         

  On behalf of Renmin University Economic Forum of China, I would like to give Professor Lok-Sang Ho, President of the Hong Kong Economic Association, a warm welcome. Professor Lok-Sang Ho, a recognized expert on Hong Kong and public policy and currently President of the Hong Kong Economic Association, has research interests covering international monetary and financial issues, health economics, housing, social security, labour markets, economics of law and public order, and macroeconomics. His recent year 2000 article in The World Economy pointed out the need for a world unit of account that offers stable value, arguing that the availability and the use of such a unit of account will make our financial markets more stable and efficient. Another paper, published also in 2000 in Policy Sciences, explained how wage subsidies can be used as an efficient redistributive tool, enhancing employment and reducing income inequality at the same time. Professor Ho's other publications are in such journals as Contemporary Economic Policy, Urban Studies, Regional Studies, Social Science and Medicine, Journal of Socio Economics, Pacific Economic Review, Asian Economic Journal, and Industrial and Labor Relations Review. Professor Ho is the author of Principles of Public Policy Practice (Kluwer Academic Publishers).

 Professor Ho is on the Advisory Committee of the Hong Kong Institute of Monetary Research.  He was a past member of the HK Committee of the PECC, a part-time member of the  Central Policy Unit with the Hong Kong SAR Government from 1997 to 1999 and  a member of the Health Services Research Committee under the Hospital Authority prior to its termination in 2003.  Professor Ho studies the violin and practices Tai-chi Chuan in his spare time.

Address:  Department of Economics, Lingnan
    University, Tuen Mun, Hong Kong
   

Phone:  26167178       Fax:  28917940       Email: Lsho@Ln.edu.hk  

Date of Birth:  April 29, l950

Education      

          Ph.D.(l98l) University of Toronto

          M.A.(l974) University of Toronto

          B.Soc.Sc.(Hon.)(l972) University of Hong Kong

Research Areas          

Urban and Environmental Economics, Health Economics, Public Finance, Manpower Policy, Social Security, Macroeconomic Theory and Policy, International Finance      

Major Original Contributions to Economic Policy

1.   World Currency Unit:  This is an indexed unit of account that represents a stable unit of purchasing power over a “global basket of goods and services.”  My 2000 World Economy paper explains how it is computed and how it can improve capital market efficiency and reduce financial market risks when financial instruments are denominated in the WCU.  A follow-up paper is still being refined and will be backed by more simulation exercises to show that it can serve as an anchor for currencies.  The original idea is traced back to Irving Fisher(1911); my proposal is the first one to operationalize the concept.

2.    Excessive Burden Insurance:   I demonstrate that it is far more efficient(i.e., welfare enhancing) to require users of health care services pay the full direct costs but cap annual eligible health care expenditures and thus insuring each person against having to face excessive financial burdens.  The concept was first introduced in my 1997 book on health care reform and further expanded in my 2000 Kluwer book and can also be applied to legal aid.

3.      Cohort-based Social Security:  In my 1997 Contemporary Economy Policy paper I demonstrated that social security can be fully funded yet can allow longevity risk pooling if each cohort contributes to and draws from the same fund.

4.      Fractional Deposit Insurance:   In my 1991 HK Institute for Asian Pacific Studies occasional paper and my 1992 contribution to a Chartered Institute of Bankers volume, I proposed a concept of deposit insurance that protects deposits 100% of their checking account deposits, 80% of savings account deposits, and 50% of other deposits that are more of an investment character.  This is in contrast to the fixed dollar limit protection per depositor per bank.  I demonstrated that this sufficiently deals with the moral hazard problem and removes the need for depositors to split their deposits among a number of banks in order to enjoy protection.

5.      Ex Ante Utility:       In my 2000 Kluwer book, I introduced the concept of ex ante utility as distinct from the von Neumann-Morgenstern  concept of expected utility.  This explains why the damage from the SARS episode was so huge even though the chances of contracting the disease are so small.   When people are scared utility is immediately reduced ex ante, even though ex post they are well.  The expected utility paradigm, which just focuses on the idea of the mathematical expectation of ex post utilities for the “well” and “not well” states of the world, ignores this important dimension.  My approach implores policy makers to consider the benefits and costs of ex ante utility gains and losses from policies.

6.      Human nature and public policy:      In my 2000 paper in the International Journal of Social Economics and 2001 Kluwer book, I argued that public policy must take full account of human nature.  This is a generalized proposition from the Lucas Critique, which argues that policies often have unintended consequences because they fail to take account of the behavioural responses of people to the policies themselves.  

Scholarships and Honours          

Lambda Alpha International Fraternity Scholarship in land economics(1976/77)

            University of Toronto Doctoral Fellowship,l975/76,74/75

            Sir Robert Black Trust Fund Scholarship, l973/74

        

Professional Experience(Full Time)


    

Professor, Department of Economics, Director, Centre for Public Policy Studies, Lingnan
    University(from November 1, 1995 ), and Chair, Institute of Humanities and Social Sciences, Lingnan
     University

            Senior Lecturer, Dept. of Economics, Chinese University of Hong Kong, Aug. 1993-

            Oct.1995(Lecturer, Sept. 1983-July 93)

Research Officer, Ontario Economic Council, Toronto, August l98l‑August l983 (Principal area: industrial policy)

           Economist, Economic Policy Branch, Ministry of Treasury & Economics, Queen's        Park, Toronto, Sept.l979‑August 1981

            Demonstrator in Economics, University of Hong Kong, July 1, 1972 to June 30, 1973

List of Publications

                                      Refereed and Professional Journals (34 items)

Macroeconomics, International Finance, and the Global Economy(10 items)

2006    “The Role of Fiscal and Monetary Policy” Pacific Economic Review, 11(1) 121-127.

2005    The Effect of Outward Processing Trade on Wage Inequality: The Hong Kong Case
    
(with Xiangdong Wei
    
and Wai Chung Wong), Journal of International Economics.67, 241-257.

2000        “The World Monetary Unit and the Global Indexed Bond,” The World Economy, Vol.23, no.7, 939-950.

1998        “Country of Origin Rules: Its Origin, Nature, and Directions for Reform” Pacific Economic Review(UK), Vol. 3, No. 2, June, 161-166.

1997        “Hong Kong in the 21st Century,” New Asia, (Korea: Yoido Society for New Asia), 4(2), 88-98.

1993    "Regional Balance of Payments: an Interpretation," Regional Studies(U.K.), Vol. 27, no.5, 1993, pp.457-466.  

1990        "A Proposal for an Adaptive Linked Exchange Rate System,"
     Hong Kong Economic Papers
, 20:89-96.

1988        "Government Deficit Financing and Stabilization," Journal of Economic Studies (U.K.),Vol.15, no.5, 1988, pp.34-44.

1987    "Productivity‑based Real Incomes Policy," Journal of Economics and International Relations, Vol.l, No.4, pp.343‑353.

1982    "The Underlying Inflation Rate: a note," Atlantic Economic Journal, March.

Public Policy, Justice, and Welfare(8 items)

2001        “Health Care Financing and Delivery in Hong Kong: What Should Be Done,” Hong Kong Medical Journal, 7(2), June 155-161.

2000        “The Nature of Optimal Public Policy,” International Journal of Social Economics(UK), Vol.27, 1013-19.

1998        “A Model of Human Nature and Personal Development,” Journal of Socio- Economics(USA), Vol. 27, no. 2, 271-287.

1998        “The Hong Kong Economy as a Special Administrative Region of China” Asian Affairs, Vol.24, no.4 Winter, 227-235.

1997        “Institutional Foundations for a Just Society,” Journal of Socio-Economics(USA), Vol. 26, no.6, 627-643.

1998        “What Hong Kong’s Youth Can Learn from the Asian Financial Crisis,” Journal of Youth Studies, July, Vol.2, no.2, pp.99-102.

1995    "Market Reform and China's Health Care System," Social Sciences and Medicine (U.K.), Vol. 41, no.8, October, pp.1065-1072.

1994    "Democracy and Economic Development," Hong Kong Economic Papers (H.K.: HK Economic Assn.), No. 23, pp.63-65.

Labour Economics and Policy(7 items)

2000    “Are Old Workers in Disadvantaged in the Hong Kong Labor Market?” Asian Economic Journal, vol. 14, no. 3.(with Xiang-dong Wei and Thomas Voon)

2000    “Wage Subsidies as a Labour Market Policy Tool,” Policy Sciences, 33: 89-100.

1999    “Age discrimination in the labour market: fact or fiction?” International Employment Relations Review, with Xiang-dong Wei and Thomas Voon,
    
Vol. 5, No.1, pp.43-62, July.

1999    “The Determinants of Hiring Older Workers: Evidence from Hong Kong,” (joint with John S. Heywood and Xiang-dong Wei), Industrial and Labor Relations Review, Vol.52, no.3, 444-459.

1997        “A Universal Fully Funded Pension Scheme,” Contemporary Economic Policy(USA), Vol. XV, July, 13-20.

1991    "Retirement Provisions: A Social Responsibility," Hong Kong Journal of Gerontology, December 1991, Vol.5. no.2(co-author with J.P.Leung and J.J.Lee),pp.8-12.

1991    "Retirement Benefit Programs: Analysis and a Proposal for Hong Kong," Hong Kong Journal of Gerontology, June 1991, pp.16-22(lead author with J.J.Lee and J.P.Leung)

Urban and Environmental Economics(8 items)

2006  “Privatization of Public Housing: Did it Cause the 1998 Recession in Hong Kong? Contemporary Economic Policy, April.

1996    "How can waste recycling and waste minimization be fitted into Hong Kong's waste management system," Transactions, HK: HK Institute of Engineers(with S.S.Chung and S.C.Poon), Vol. 3, no.1, 9-16.

1995    "Privatization of Public Housing: an Analysis of Policy Alternatives," Contemporary Economic Policy(USA), Vol. 8, no. 3, July, pp.53-63.

1992    "Rent Control: Its Rationale and Effects," Urban Studies(U.K.), Vol.29,No.7,1992, pp.1183-1190.

1991    "Compensation, Risks, and Efficiency," Planning and Development (Journal of the HK Institute of Planners), Vol.7 No.2 1991, pp.61-62.

1989    "Optimal Cities," Urban Studies(U.K.), Vol.26, pp.510-516.

1988    "Towards an Optimal Public Housing Policy," Urban Studies(U.K.), Vol.25, pp.204-211.

1986    "On Electronic Road Pricing and Traffic Management in Hong Kong," Hong Kong Economic Papers, no.17.

Banking and Finance(1 item)

1992    "Deposit Insurance: an economic perspective," Hong Kong Economic Papers, No.        22, pp.21-33, 1992.

            

Authored Books (5 items)

2003    A Testimonial Account of the Ups and Downs of the Hong Kong Economy( 香港經濟浮沉見証錄 Mingpao Publishers)(in Chinese 241 pages)

2001    Economic Impacts of Logistics Infrastructure Development: the Case of Hong Kong, NY: Nova Science Publishers.(with Thomas Voon)(123 pp.)

2001    Principles of Public Policy Practice,  Boston: Kluwer Academic Publishers.(223 pp.)

1997    Health Care Financing and Delivery:
  A Model for Reform, City
   University Press for Hong Kong Centre for Economic Research(140 pp.)

1997    Health Care Reform: an Economic Perspective(in Chinese), by Commercial Press, HK(192 pp.).

                                                         Edited Books (8 items)

            

2006   Happiness and Public Policy: Theory, Case Studies, and Implications, (edited with Yew-kwang NG), Palgrave Macmillan.

2006  China, Hong Kong, and the World Economy (edited with Robert Ash), Palgrave Macmillan

2005    Education Reform and the Quest for Exellence: the Hong Kong Story, (Joint editor, with Paul Morris and Yue Ping Chung, and Contributor for 3 chapters plus the Introduction), HK: Hong Kong University Press

2005    Growing Up in Hong Kong in the 21st Century(in Chinese) Mingpao Publishing Company.

2003    Exchange Rate Regimes and Macroeconomic Stability, joint editor(with Chi-wa Yuen), Boston: Kluwer Academic Publishers.

1993    The Other Hong Kong Report, HK: Chinese
  University of Hong Kong Press, (with Po King Choi).

1993    The Long Term Prospects of the Chinese Economy (joint editor with K.Ishihara, Chang Qing, and Charng Kao) Tokyo: Institute of Developing Economies.

1989    Economic Development in Chinese Societies: Models and Experiences, Hong Kong University Press, 1989(joint editor with Y.C.Jao and Victor Mok).

Monographs (4 items)

2003    Hong Kong’s Economic Crisis and Misguided Housing Policy, HKIAPS Occasional Paper.

1991    International Labour Migration: the case of Hong Kong, HKIAPS Occasional Paper (with P.W.Liu and K.C.Lam), Chinese
  University of Hong Kong.  

1990        Retirement Benefit Programs: Analysis and a Proposal for Hong Kong, Hong Kong Institute for Asia-Pacific Studies, Chinese University of Hong Kong, Occasional Paper(With J.J.Lee and J.P.Leung).

1991    A Proposal for Deposit Insurance in Hong Kong, Hong Kong Institute for Asia-Pacific

            Studies, Chinese University of Hong Kong, Occasional Paper.

Contributions to Books (48 items)

Hong Kong Studies(24 items)

2005    Housing as a Mover of the Domestic Economy, in Joseph Cheng, The July 1 Protest Rally: Interpreting a Historic Event, City
   University of HK Press.

2005    “In Search of Excellence – An Introduction to the Volume” in Ho, et.al.(eds) Education Reform…

2005    “Education Reform: A Socio-Economic Perspective,” in Ho, Morris, and Chung(eds.) Education Reform

2005    “The Way to Build World Class Universities in Hong Kong,” in Ho, Morris, and Chung(eds.) Education Reform…

2005    “Education Reform in Hong Kong: What are the Lessons” in Ho, Morris, and Chung(eds.) Education Reform

2002   “Policy Blunder of the Century Threatens Hong Kong’s Economic Future,” in Lau Siu Kai(ed.) The First Tung Chee Hwa Administration: the First Five Years of the Hong Kong Special Administrative Region. HK: Chinese University of HK Press

2001    “The Political Economy of the HKSAR’s Fiscal Policy,” in Joseph Cheng(ed.) Political Development in the HKSAR, HK: City University of Hong Kong Press. 165-182.

1999.      “Hong Kong in the Midst of a Currency Crisis,” in Hong Kong: the Superparadox: Life after Return to China, edited by James Hsiung, NY: St.Martin’s Press

1997         “The Rise and Fall of the Hong Kong Economy,” The Other Hong Kong Report, HK: Chinese University of HK Press, pp.139-153.

1996    "The Political Economy of Labour Market Policies" in Managing the New Hong Kong Economy (ed. by David Mole), New York: Oxford
   University Press, 76-94.

1995    "Inflation: New Risks for the Hong Kong Economy," in The Other Hong Kong Report, HK:CUHK Press, pp.183-195.

1994    "The Economy,"(in Chinese) in Graphic Trends: Hong Kong, HK: Commercial Press, pp.28-49.

1993    "The Economy,"(in Chinese/and separately in English with title Hong Kong in Focus) in Graphic Trends: Hong Kong, HK: Commercial Press, 1993, pp.23-26.

1993    "Economics of social security," Hong Kong in Transition, One Country Two Systems Economic Research Institute (in Chinese) 1993, pp.582-593.

1993    "International Labour Migration: the Case of Hong Kong" (with P.W.Liu andK.C.Lam), International Labour Migration in East Asia, Tokyo: United Nations University.

1992    "Towards Better Deposit Protection for Hong Kong," in Y.C. Jao (ed.)Deposit Insurance: Issues and Evaluation,
  Hong Kong: The Chartered Institute of Bankers, July, pp.39-51.

1992    "The Purpose and Nature of Social Security" (in Chinese), in The Future of Social Welfare, edited by the Federation of Hong Kong Social Work Students(1992).

1992    "Labour and Employment" in The Other Hong Kong Report, pp.197-212, Chinese University Press, ed. by Joseph Cheng and Paul Kwong.

1992    "Economic Cooperation between China and Hong Kong," in Collected Essays from the Conference on Beijing-Hong Kong Enterprise Development, September(in Chinese)

1991    "Labour and Employment" in The Other Hong Kong Report, Chinese
   University Press, ed. by Y.W.Sung and M.K.Lee.

1991    "The Role of the Government and the Vigor of the Private Sector," in Joseph Cheng(ed.) Creating a New Era for Hong Kong,H.K.:Breakthrough, 1991(in Chinese)

1989    "The Role of Government", in Reiitsu Kojima(ed.) Focus on Asia: Industrialisation of Hong Kong, Institute of Developing Economies, Tokyo, l989(in Japanese).

1989    "The State of the Economy," in T.L.Tsim and Bernard Luk(ed.)The Other Hong Kong Report, Chinese University of Hong Kong Press, pp.63‑98.

1986        "The Hong Kong Economy: a l985 Review," in Kwan & Chan(ed.)Hong Kong  Society: A Reader, Hong Kong: Writers & Publishers Co‑operative, pp.45‑69.

China Studies(11 items)

1998    “China’s Road to Exchange Rate Liberalisation,” in Joseph Cheng(ed.) China in the Post-Deng Era, Chinese University Press, 453-470.

1996    "Fiscal Relations between Shanghai and the Central Government,"(with K.Y.Tsui)in Yue-man Yeung and Yun-wing Sung(ed.): Shanghai: Transformation and Modernation under China's Open Door Policy, HK: Chinese University Press, pp.153-169.

1995    "An Exploration of Fiscal Relations between Shanghai and Central," in Pan MinShang, Sung Yun-wing, Dong Xinbao, and Yu Zhong Gen(ed.) Hu Jing Gang Zhuanjia Zhonglun Shanghai Fazhan(Shanghai's Development: Views of Experts from Shanghai, Beijing, and Hong Kong), Shanghai People's Press, pp.118-128.

1995    "Environmental Management in South China," in Wong, Chu, Chen, and Ma(ed.) Environmental Research in Pearl River and Coastal Area, Guangzhou: Guangdong Higher Education Press.

1994    "Financial Restructuring" in China Review 1994,(ed. by Lo Chi-kin and Maurice Brosseau, HK: Chinese University Press, 1994,pp.10.1-10.15.

1993    "Central-provincial fiscal relations" in Joseph Cheng and Maurice Brossau(ed.) China Review, CUHK Press.

1993    "China and Hong Kong: Economic Partnership", (with Y.W.Sung), in The Chinese Economy in the 1990s, the Institute of Developing Economies, Japan, pp.77-88.

1993    "An Evaluation of China's Monetary System & Policy," co‑authored with He Xiang‑wei of Beijing, in Yu Jing‑yuan, Shi Ruo‑hua, and Hsueh tien‑tung(ed.) Economic Reform and Development in China, Hong Kong: Chinese University Press(N.Y.:St Martin's Press) (Chinese version pubished by Commercial Press in Beijing, 1990)  pp.63-76.  

1993    "A Mathematical Model of China's Monetary System," co‑authored with He Xiang‑wei, & He Lin, ibid.,pp.76-93.

1989    "Introduction,"(with Y.C.Jao and Victor Mok) in Jao, Mok, and Ho(ed.) Economic Development in Chinese Societies: Models  and Experiences, HK University Press.

1989    "Whither China's Foreign Exchange Controls?" in Joseph Cheng(ed.)China: Modernization in the l989s, H.K: Chinese University of Hong Kong Press; N.Y: St.Martin's Press, l989, pp.461‑494.

Others(9 items)

2002    “The Logistics Industry in Hong Kong,” in Hong Kong in Focus: Political and Economic Issues, (with Thomas Voon), edited by S.G.Rioni, Nova Science Publishers.

2002    “Introduction,” in Exchange Rate Regimes and Macroeconomic Stability, pp.1-5.

2002    “Bringing about realistic exchange rates: a post-Asian Financial Crisis Perspective,” pp.133-144 in Ho and Yuen(ed.) Exchange Rate Regimes and Macroeconomic Stability.
  Boston: Kluwer Academic Publishers.

2002    “An Exploratory Essay on the Economics of Chinese Medicine,” in Frank Fu(ed.) Chinese Medicine in Modern Society, HK: HK Baptist University(a refereed publication of the Dr. Stephen Hui Research Centre for Physical Recreation and Wellness, pp. 22-28.

2001    ”Realistic Exchange Rates: A Post-Asian Financial Crisis Perspective” in James Hsiung and Brian Bridges(ed.) 21st Century & the  Asia Pacific, NY: Palgrave.329-339

2000        “A Multiple Country Rule of Origin to Help Resolve Trade Disputes,” (in English) in Y.Y.Kueh and Zheng Wei-min(ed.) Economic Globalization and Sino-American Trade Relations(Jingji Quanqiuhua yu Zhong-mei Jingmou Guanxi), Beijing: Social Science Literature Publishers(Shehui Kexue Wenxian Chubanshe).

1995    "Is there a link among Confucianism, institutions, and economic performance?"(with T.B.Lin) in Confucianism and Economic Development, ed. by Tzong-shian Yu and Joseph Lee, Taipei: Chung‑Hua Institution for Economic Research, pp.345-367.

1991        "Government Policy for the Taxicab Industry,"(in Chinese) in L.C.Chau and Y.C.Tse(ed) A New Perspective on Economics(Jingjixue Xinlun), HK: Commercial Press.

1990    "Foreword," in John Naisbitt and Patricia Aburdene, Megatrends 2000, Publications(Holdings)Ltd.

Book Review and Conference Proceedings (4 items)

2002    Book Review of Y.C.Jao “The Asian Financial Crisis and the Ordeal of Hong Kong. By Y. C. Jao. Westport: Quorum Books, 2001, in China Quarterly, Volume 171, September, 2002, pp.741-779.

1992        "How Hong Kong and China can step up their economic relations", in Jinggang Qiye Fazhan Yantaohui Lunwenji( Collected essays from the Beijing Hong Kong  Conference on Enterprise Development, Beijing, 1992.(In Chinese)                      

1988        "Is there a link among Confucianism, institutions, and economic performance?"(with T.B.Lin) Proceedings on Conference on Confucianism and Economic Development in East Asia, May 29‑31, l989, Chung‑Hua Institution for Economic Research, Taipei, Taiwan, pp.477-499.

1988    Book Review: The Hong Kong Bank in Late Imperial China 1864-1902, On an Even Keel, by Frank King(Cambridge University Press), 1988, Journal of Oriental Studies, Vol.XXVI, No.l, pp.152-156.

                                                       Contributions to Student-

                                               Edited Academic Journals (7 items)

1995    "Review and Outlook of the Linked Exchange Rate System," Economics Channel, Issue 1994-95, Economics Society, HKUSU, pp.24-28(article in Chinese).

1988    "Facts and Myths about Inflation,"Journal of Economics Society, 1988-89, pp.27-29.

1987    "An Adjustable Linked Exchange Rate System for Hong Kong and for China," Economics Journal, HKUSU, pp.15-17,1987.    

1984    "On Congestion Pricing in a Network," Journal of Economics Society, Chinese
  University of Hong Kong,l984/85.

1974    "An Essay on Economic Systems," Economics Journal, Economics Society, U. of H.K.,1974, pp.14‑15.

1973    "On Demand and Supply Curves," Economics Journal, Economics Society, University of Hong Kong, pp.1‑3.

1971    "Economics and Wisdom: Pollution Problems as a Point of Departure," Economics Journal, Economic Society, University of Hong Kong, l97l.

                                               Other Publications(selections only)

2003  “The World Currency Unit: towards more efficient and more stable financial markets,”

Kudan Square
, The Newsletter of Institute for International Economic Studies

Kudan Square
, The Newsletter of Institute for International Economic Studies, no. 16, September.

2003   “Reversing the negative equity trap,” China Daily, Hong Kong Edition, December 30.

2002   “Keeping the dream alive,” South China Morning Post, August 7.(Forum).

2002   “Legendary resilience fails us,”  South China Morning Post, July 24.    

2001        “When will the Hong Kong economy revive its vitality?” in Mingpao Monthly, no.2, pp.25-26.(non-refereed)

2002     “Competitiveness cannot be increased by depressing housing prices,” in Bauhinia Magazine, April 2002(no.138)(non-refereed)

2002    “Lessons from Argentina,” SCMP, 21 January 2002.

2001   “Reviving Confidence the Top Priority,” SCMP, September 26, 2001

2001   “World’s Woes Need United Front,” SCMP(Business), September 21, 2001

2001    “Deficit pays in tough times,” South China Morning Post(Business), August 15.

2001  “Basket case point to stability: a world currency unit could anchor national currencies against inflation and value fluctuations,” South China Morning Post(Business), June 13.

2001  “Education should aim to unearth the potential of children,” South China Morning Post, Jan.15(Annual Review magazine)

2000 “Fairer Bank System for the Man in the Street,” SCMP(Analysis), November 4.

2000  “Strong Yen is Bad Medicine for the World,” SCMP, August 13.

2000   “Bringing competitiveness home to people,” SCMP(Analysis), July 24.

2000   “Address housing before raising tax” SCMP(Analysis), February 17, 2000.

1999   “The Way to a Healthier Health Care System,” Policy Bulletin, May/June, No. 11.

1999    “Tax Rebates Give the Wrong Incentives,” Policy Bulletin, March/April, No.10.

1999    “The Value of Public Service Reform,” SCMP(Analysis), July 7.

1999    “Community must Cater for its Own Well Being,” SCMP(Analysis), April 20.

1998   “Need for School Equality,” SCMP(Analysis), August 10.

1998    “Cost of Bursting Property Bubble,” SCMP(Analysis), June 15.

1998    “Depressing Home Truths,” SCMP(Analysis), May 18.

1998   “Largest Threat to the Economy Comes from the Largest Action of the Government,”

            Mingpao, March 26.

1998    “Policy Blunder of the Century,” South China Morning Post(Analysis), March 24.

1998    “Credit Squeeze is Wrong,” South China Morning Post(Analysis), January 14.

1997    “Flaws in Housing Policy,” South China Morning Post(Analysis), December 30.

1997    “Reforms Needed to Deter Manipulations,” South China Morning Post(Analysis), November 10.

1997    “High Interest Rate in Defence of the HK Dollar Could Be Counter-Productive,” Hong Kong Economic Times, November 8.

1997    “Hail a Good Taxi Service,” South China Morning Post(Analysis), October 7.            

1997    “Impossible to Make Accurate Projection for Labour Importation Quotas,” Mingpao, July 28.

1997    “Human Nature Education or Sex Education,” Mingpao, July 25.

1997    “A Wish for China to Be a Democratic Model of the World,” Mingpao, July 9, (in Chinese).

1997    “Intervene, but not Overdo it,” Sunday Morning Post, Focus, June 15, 1997.

1997    “Right Care at the Right Price,” South China Morning Post, Analysis,
  May 12, 1997.

1997    “An Economist’s View of Health Care Reform,” The HK Society of Health Service Executives, Vol. 5, issue 1, March 1997, pp.4-5.

1996    "Pricing of the Cross
  Harbour Tunnels," Newsletter of CAPS/CPPS, Lingnan
   College October.

1996    "The Use and Abuse of the User Pays Principle," Newsletter of CAPS/CPPS, Lingnan
   College, April.  

1995    "An Assessment of State Enterprise Reform with Particular Reference to Shanghai," China News Analysis (March 1995)(Socio-cultural Research Centre, College of Law, Fu Jen University)

1994    "Estimating the benefits of environmental improvement," CUCES Newsletter, Nov.

1994    "The Market Approach to Environmental Management," CUCES Newsletter, May.

1993    "The Regulation Approach to Environmental Management," CUCES Newsletter, November.

1993    "Public vs. Private Ownership of Environmental Resources," CUCES Newsletter, March.

1992    "A Proposal for Retirement Protection,"(in Chinese) in Bauhinia Magagine, March, pp.34-35.

1992    "Environmental Resources are Scarce," in CUCES Newsletter, June.

1992    "Some Observations on the Deposit Protection Scheme Consultation Paper," HKCER

            Letters, March,pp.4-5.

1989        "An Index Future for Property Prices," HKCER Letters, November 1991, HK Centre for Economic Research. http://www.hku.hk/hkcer/articles/v11/rho.htm

1990    "The Costs and Benefits of the Port and Airport Development Project,"  H.K.Economic Journal Monthly, November.

1988    "A Proposal for Adaptive Linked Exchange Rate System," Hong Kong Economic Journal Monthly, Jan.

1988    "Did Stock Index Futures Trading Aggravate the Stock Market Crash?‑‑A Statistical Analysis," Hong Kong Economic Journal Monthly, August.

1988    "The Securities Review Committee Report Failed to Address the Cause for the Severity of the Stock Market Crash," H.K.Economic Journal Monthly, July.

1988    "Economists Face Serious Difficulties in Changing the Course of Public Policy," H.K.Economic Journal, July 8.  

1988      "An Economic Analysis of Representative Government," Hong Kong Economic Journal Monthly, May.

1988    "A Proposal to Relieve Congestion for the MTR: the Early
   Bird
   Pass," Hong Kong Economic Journal, May l3.

1988    "The Proposed Reform of Education System Uneconomical," Hong Kong Economic Journal, June 30.

1988    "World Economic Outlook," Hong Kong Economic Journal, May 21 & April l6.

1987    "Volcker's Anti‑inflation Policy Left a Legacy of Economic Ills for the World: a post‑crash analysis," H.K.Economic Journal Monthly, December l987, pp.40‑41.

1987    "On Crisis Economics," Hong Kong Economic Journal, Nov.6.

1987    "Social Welfare: Not a Free Ride for the Lucky Ones," in Welfare Digest, H.K. Council of Social Services, March.

1987    "An Analysis of the Balanced Budget, with Reference to the Linked Exchange Rate

            System," Hong Kong Economic Journal Monthly, June.

1987    "A Review of the Policy on Foreign‑hired Domestic Helpers," H.K.Economic Journal, May 2.

1987    "A Proposal for Social Security for Labour," H.K. Economic Journal Monthly, May.

1987    "A Review of the Salaries Tax," Hong Kong Economic Journal, April l.

1987    "Superiority of the Pension System over the Central Provident Fund System," Hong

            Kong Economic Journal Monthly, March.

1987    "Short Term Prospects of the Hong Kong Economy," Express News, January 26.

1987    "An Analysis of the H.K.Tax System with Recommendations," Express News, January l9.

1987    "A Capitalistic Way of Resolving the Bourgeoise Liberalism Problem," Hong Kong Economic Journal, January 22.

1985 "Coming to Grips with Water Pollution in Hong Kong," Green Productivity,
  Hong Kong Productivity Council, October.

Commissioned Studies  (16 items)

2005      “Hong Kong” in Asian Development Outlook, Asian Development Bank.

2004      “Hong Kong” in Asian Development Outlook, Asian Development Bank.

2000       “Recovering from a Deep Recession: Hong Kong 1999-2000” United Nations Development Program, Beijing Office.

2000       The Logistics Industry in Hong Kong: Is there a case for government support? IC Surveyors Ltd./Kerry Logistics(with Thomas Voon)

1999      “Return to Education,” commissioned by the Education Commission(with Dr. Xiang-dong Wei, and others)

1997      “Study of Economic Aspects of Effects of Ambient Air Pollution on Health,” Advisor to EHS Consultants Ltd. on a project awarded by the Environmental Protection Department.

1997   “The Future of Hong Kong’s Agriculture,” commissioned by the Agriculture and Fisheries Department via HK Polytechnic University.(Chapter on Land Use and Environment)

1997  “Impact of Construction Labour Shortage on Hong Kong,” with Thomas Voon, commissioned by the HK Construction Association.

1996    "Age Discrimination in Employment," Commissioned by Education and Manpower

              Branch with Wei Xiang-dong),April.

1995    "Economic Outlook, Hong Kong 1995-97" Asian Development Bank.

1994    "An Economic Analysis of Continuing Education: Costs, Benefits, Trends, and  Issues (with P.W.Liu and Y.P.Chung, sponsored by the UPGC), August 1994.

1994    "The Hong Kong Economy: 1994-96," 1994(for Asian Development Bank Asian Outlook Workshop, Manila, October.

1993    "The Hong Kong Economy: 1993-95," 1993(for Asian Development Bank Asian Outlook Workshop, Manila, October.

1992    "The Hong Kong Economy: 1992-94," 1992(for Asian Development Bank Asia Outlook Workshop, Manila, November.

1989    Research Associate, project on Hong Kong economy as commissioned by Institute of Developing Economies,
  Japan
  

1987        "A Study on Hong Kong Tax Policy"(119 pages), with Edward K.Y.Chen & Shu Hung Tang, 1987(consultancy report for HK Society of Accountants).

Refereeing and Other Professional Activities

            Managing Editor, Pacific Economic Review, published by Blackwell Publishers,

                        1996-2004

            Editorial Board, Pacific Economic Review, 1996-now

            Chief Editor, The Lingnan Commentary, 2001-2004

            Editor, Joint CPPS/CAPS Newsletter, Lingnan College/Lingnan University, 1996-2000

            Editorial Board, Journal of Comparative Policy Analysis. Jan.2002 to December 2004.

Referee for the Research Grants Council, HK University Press,Hong Kong Medical Journal(HK Medical Association), China Quarterly, Contemporary Economic Policy (U.S.:Western Economic Association.), Journal of Comparative Policy Analysis, The Energy Journal, Pacific Economic Review (U.K.:Blackwell Publishers), Review of Urban & Regional Development Studies, Regional Studies(U.K.:Carfax), Social Science & Medicine (Oxford:Pergamon Press), Hong Kong Economic Papers(Hong Kong), Research Fellowship in Children's Studies, Journal of Construction Research, HK Journal of Gerontology, the Hong Kong University Press, PharmacoEconomics(Auckland: Adis International.), Hong Kong Papers on Design and Development, (Department of Architecture, University of Hong Kong)

            Referee to provide expert comments on various documents on H.C.Action No.A3549              of 1991, 1994.

            Editor, Newsletter for the Chinese
   University Centre for Environmental Studies.

            Advisor, Budding Scholars Program(United
  College mission to South Korea) 1992:

                        "Policy for Industrial and Technological Development"

Membership in Professional Societies

President, HK Economic Association, since 1999

Hon.Secretary, H.K.Economic Association since 1983; Vice-President 1997-1999

Advisor & Honorary Member, Chinese Economists Association in North America 2000-2003

Member, American Economic Association

Member, Western Economic Association

Founding Member, Asian Real Estate Society

Hon. Research Fellow, Economics Department, Chinese
   University of HK, 1995-now

Hon. Research Fellow, HK Institute for Asia Pacific Studies, Chinese
   University of HK, 1995-now

Research Associate, Hong Kong Energy Studies Centre, HK Baptist
   University 1998-now

Services to the Community

Member, Standing Committee on Civil Service Salaries and Conditions of Service(Feb. 1  2006-Jan. 31 2008)

Advisor, HK Institute of Monetary Research, Sept. 1999-now

Council Member, Peoples’ Council on Sustainable Development, 2004-now

Member, Public Affairs Forum, May 1, 2005 to April 30, 2006(Home Affairs Bureau)

Member of the Hong Kong Committee, Pacific Economic Cooperation Council, 1.4.1996-31.3.2004.

Member of Trade Policy Forum, HK Committee, April 1 1996-31.3.2004.

Official Forecaster for Hong Kong, PECC, 1996/97 and 1997/98.

Member, Business Studies and Economics Panel, Research Assessment Exercise 1999, University Grants Committee.

Member, Health Services Research Committee, Hospital Authority, March1998-Aug. 2003

Part-time Consultant, Central Policy Unit, Hong Kong SAR Government, Nov. 97-Nov.99

External Examiner, B230 Introduction to Economics, Open Learning Institute, December 1994-April 1997.

Member of Subject Committee, Sixth Form Liberal Studies, HK Examination Authority, 1993-1995

Member of Subject Committee, Economics(Secondary), Curriculum Development Council, 1992-Aug.1997

Inventor of the Early Bird Pass as introduced by the Mass Transit Railway Corporation in Hong Kong l988

Guest Speaker on numerous occasions for various charitable organizations and on both radio and television

President, Toronto Buddhist Society, 1976-1983(Founding President)

Co-ordinator, Toronto Buddhist Federation, 1981-83.



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2006-9-20 02:07:00

英文要好好学啊!!!

欢迎教授的到来!这样我们既可学经济又可学英文!呵呵,不错啊!

(+20)

[此贴子已经被cymbidium于2006-9-20 13:57:02编辑过]

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2006-9-20 09:34:00
以下是引用haofangyangji在2006-9-20 2:07:00的发言:
英文要好好学啊!!!

身有同感!哈哈!

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2006-9-20 14:56:00

我虽然不是人大的人,但我同样热爱经济,欢迎教授的到来,也欢迎更多的教授来给我们指导!

(+20)

[此贴子已经被cymbidium于2006-9-20 15:03:30编辑过]

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2006-9-20 15:21:00

欢迎教授的到来。希望教授的到来能够进一步提高论坛的学术水平,对论坛的发展提供意见和建议。

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[此贴子已经被cymbidium于2006-9-20 15:24:16编辑过]

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2006-9-20 17:08:00

welcome!

+20

[此贴子已经被学者专栏于2006-9-26 13:38:19编辑过]

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