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  • September 3, 2014
  • Last updated: 12:14pm
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  1. Business - Comment - MONITOR

    We don't need a Future Fund. The future is already upon us

    Posted Mar 05th 2014, 01:34am by Tom Holland

    ... Tom Holland HK government should make better use of its existing resources and assets to meet the spending needs arising from an ageing population We don't need a Future Fund. ... by a group of government advisers that show the city sliding inescapably into a structural deficit are badly flawed. Even as an ageing population will lead to slower economic growth, ...

  2. Business - Comment - MONITOR

    Fiscal report based on lunatic projection of capital spending

    Posted Mar 04th 2014, 05:09am by Tom Holland

    ... In a nutshell the working group argued that as Hong Kong's population ages, over the next three decades the number of over-65s living in the city will grow by 1.5 million. As a result, measured ...

  3. Business - Comment - MONITOR

    It's not heresy to expect grand projects to pay for themselves

    Posted Feb 28th 2014, 01:01am by Tom Holland

    ... that on our current trajectory, rising health and welfare spending as the population ages will plunge the city into "a structural deficit" in seven to 15 years' time. The answer, Tsang ... less and less as the population ages. Remove this artificial distinction between capital and recurrent revenue, Monitor suggested. Collect land premium as regular income streams rather than ...

  4. Business - Comment - MONITOR

    Tsang's vision of Hong Kong's future is severely out of focus

    Posted Feb 27th 2014, 01:23am by Tom Holland

    ... They are being built solely because officials have set aside money to spend on infrastructure So there you have it. An ageing population means public spending must rise, so taxes will have to go up ... Kong had a young and fast-growing working age population, the city had a crying need for more and better physical infrastructure- roads, tunnels, underground railways- to boost productivity. ...

  5. Business - Comment - MONITOR

    Even Hong Kong's best efforts may not help to clear our air

    Posted Feb 12th 2014, 12:46am by Tom Holland

    ... the country generated just 3.9 megawatt-hours of electricity per head of population. That's a third less than per-capita power consumption in Hong Kong (see the second chart), half the level ...

  6. Business - Comment - MONITOR

    Spending on old folks isn't the problem- it's the solution

    Posted Jan 14th 2014, 01:37am by Tom Holland

    ... and Welfare Fund, to be managed by the Exchange Fund and dedicated to providing a social safety net for the city's growing population of elderly. The government is now sitting on something like HK$1.5 trillion in excess reserves Officials often bleat that by 2030, 30 per cent of Hong Kong's population will be aged 65 or more. But with such generously stuffed coffers, ...

  7. Business - Comment - MONITOR

    No 'taper tantrum' this time, but Hong Kong can't be complacent

    Posted Dec 20th 2013, 01:07am by Tom Holland

    ... actively looking for work, not those who have dropped out of the labour force entirely. Factor those in, and the proportion of the US working-age population not in employment remains at its lowest ...

  8. Business - Comment - MONITOR

    Just enforcing the rules could end Hong Kong's housing 'shortage'

    Posted Oct 31st 2013, 02:52am by Tom Holland

    ... to house its entire population. tom.holland@scmp.com ...

  9. Business - Economy - MONITOR

    Why 4 per cent annual growth will be great news for China

    Posted Oct 07th 2013, 12:00am by Tom Holland

    ... years: the size of the mainland's labour force, workers' skills, rural migration and changes in workers' productivity. Knowing the age profile of the population, we can be sure how ...

  10. Business - Property - MONITOR

    Contradictory figures fuelling China property bubble debate

    Posted Sep 25th 2013, 12:00am by Tom Holland

    ... housing has been built in recent years. Let's accept that China's urban population has more than doubled since 1995 from 350 million to 710 million. With an average household size of three, the growth of the urban population over the past 17 years would imply demand for at least 120 million new homes. If we also accept that the average new home boasts a floor area of 100 ...




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