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  • April 17, 2014
  • Last updated: 10:17am
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Results 1 - 4 of 4 for poverty

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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

    ... Tom Holland Government's definition of who is poor in relative terms is puzzling but shows its concern over city's inequality, which has grown enormously How to eradicate 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 earning less ...

  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. ...

  3. Business - Comment - MONITOR

    Party deserves small applause for its economic management

    Posted Nov 08th 2012, 12:00am by Tom Holland

    ... also-ran into a powerhouse, second only to the United States. In that time, China's growth has lifted some 500 million its citizens out of extreme poverty, which according to the World Bank, ... times as much as the poorest. Today they earn 11 times as much (and 30 times as much as the poorest rural households). In other words, while absolute poverty may have declined, income inequality ...

  4. Business - Comment - MONITOR

    Chavez was a clown whose policies cost a ruinous price

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

    ... The late president squandered vast resources, leaving the poorest still mired in poverty and Venezuelans burdened by double-digit inflation From a distance of 10,000 miles, it was easy to see Hugo Chavez as nothing but a clown. It was pretty easy from up close, too. When the newly installed Venezuelan president visited Hong Kong in October 1999, his staff presented reporters ...



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