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  • November 22, 2014
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Results 1 - 2 of 2 for poverty line

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  1. Business - Comment - MONITOR

    How to eradicate poverty- at least by the official definition

    Posted Oct 03rd 2013, 12:00am by Tom Holland

    ... poverty- at least by the official definition At the weekend, the Hong Kong government rolled out its latest big idea: an official poverty line. In its wisdom, the government decreed that anyone ... of the government's approach. Setting your poverty line relative to median income is a little like having an education secretary who declares that all children should get above-average exam grades. Your ...

    http://www.scmp.com/business/article/1323068/how-eradicate-poverty-least-official-definition
  2. Business - Comment - MONITOR

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

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

    ... be eligible. In that case the Health and Welfare Fund could easily pay a monthly stipend of HK$4,000 (at constant 2014 prices) to the remainder- enough to support them above the current poverty line ... even make a dent in the Health and Welfare Fund's assets. Assuming it continues to generate an average annual real return of 3.8 per cent in line with the Exchange Fund's long-term ...

    http://www.scmp.com/business/article/1404895/spending-old-folks-isnt-problem-its-solution

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