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  • September 21, 2014
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  1. Business - Comment - MONITOR

    More immigration has not seen Singapore surpass Hong Kong

    Posted Feb 01st 2013, 12:00am by Tom Holland

    ... Singapore's fertility rate plunged after independence, falling below the minimum population replacement rate of 2.1 per woman in the late '70s. Not surprisingly, given the quality of its dating ... the city's population and to maintain its economic growth rate. From just 4.1 million 10 years ago, Singapore's population leapt to 5.3 million last year, thanks almost entirely to a massive ...

  2. 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. ...

  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

    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, ...

  5. 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 ...

  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

    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 ...

  8. Business - Comment - MONITOR

    Hong Kong government immigration forecasts wildly exaggerated

    Posted Sep 11th 2013, 12:00am by Tom Holland

    ... forecasts, the city's population is set to increase by some 484,000 souls over the next 10 years", I was looking at an old set of figures. In its latest projection, released in July last year, the government actually forecasts that Hong Kong's population will grow by 593,000 between now and the middle of 2023. Based on the government's figure for the current number ...

  9. 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 ...

  10. Business - Comment - MONITOR

    Scrapping the one-child policy won't solve China's problems

    Posted Aug 08th 2013, 12:00am by Tom Holland

    ... population. In reality, the one-child policy has already been relaxed. Today it is more of a 1.5-child policy. Although the exact rules differ from province to province, for years now, rural families ... in China's labour force and redress rapid population ageing. At best, however, the effects will be limited. According to Clint Laurent, founder of specialist research house Global Demographics, any ...




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