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  • September 18, 2014
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  1. Poverty of ideas is frittering away HK's immense wealth

    Posted Mar 11th 2012, 12:00am

    ... Jake van der Kamp jake.vanderkamp@scmp.com Hong Kong's fiscal reserves are massive. How much is truly necessary and what innovative ideas do you have for the excess reserves? Question to chief executive candidates, Monday, February 27 I want my kick ...

  2. Poverty line moves up, leaving 100m below it

    Posted Apr 01st 2011, 12:00am

    ... Mandy Zuo The mainland's crowning achievement in alleviating poverty is about to take a step backwards- the marker is being adjusted upwards and is expected to triple the number of people officially in poverty to 100 million. The number of poor now stands at 26.88 million. The poverty line is expected to be raised by almost a third to 1,500 yuan (HK$1,782) a year, from ...

  3. East-west wealth gap now a chasm

    Posted May 26th 2005, 12:00am by Cary Huang

    ... Cary Huang in Beijing 16pc of mainlanders are still living under the poverty line despite massive drive to increase affluence, forum told The income gap between the affluent east coast ... from 13.8 to 13.2. Last year, Premier Wen Jiabao promised to lift 30 million mainlanders out of extreme poverty within 10 years. In this year's budget, the government earmarked 15 billion ...

  4. Poverty commission urges help for jobless

    Posted Jun 15th 2007, 12:00am by Jimmy Cheung, Klaudia Lee

    ... Jimmy Cheung, Klaudia Lee and Joshua Butt A high-level panel set up to ease Hong Kong's worsening poverty yesterday completed its two-year study with a call for a 'one-stop shop' for job seekers and better co-ordination on existing services. The Commission on Poverty also suggested relaxing the asset limit for elderly people applying for welfare and setting up ...

  5. $10m child poverty fight called a waste

    Posted Mar 23rd 2005, 12:00am by Klaudia Lee

    ... Klaudia Lee Lawmakers say new programme offers no solutions Lawmakers accused the Hong Kong government yesterday of wasting $10 million on a programme to combat child poverty, which ... solutions. The criticism of the programme- part of the anti-poverty policy announced by then-chief executive Tung Chee-hwa in his last policy address in January- came at a meeting of a Legislative ...

  6. Poverty panel full of hot air: lawmakers

    Posted Feb 16th 2006, 12:00am by Polly Hui

    ... Polly Hui The Poverty Commission is a talk shop that lacks goals and is withholding figures about the number of poor people in Hong Kong, lawmakers said yesterday. The criticism came during a debate on a motion calling on the government to act on recommendations from a Legislative Council subcommittee on combating poverty. The motion was passed. Financial Secretary Henry Tang ...

  7. Redefining poverty

    Posted Apr 28th 2005, 12:00am by Alan Robles

    ... Alan Robles President Gloria Macapagal-Arroyo's government has a bold new strategy for fighting poverty and unemployment. It is attacking the dictionary. Whereas in the bad old days, ... the administration has succeeded in trimming both the number of poor and unemployed. Those starving, miserable people who all along thought that they were in poverty have now been put in their place- right ...

  8. Trade, not aid

    Posted May 12th 2004, 12:00am by James Dorn

    ... and concluded that using 'selective' aid to reward developing countries with good policies may actually reduce growth rather than simply have no impact. Aid has perpetuated poverty in Africa, Latin America, and elsewhere. There is no reason to believe that 'selective' aid will be the elixir for poverty. Rather, what we now know is that the best way to move from poverty ...

  9. Reality check that helps nation's poor

    Posted Dec 10th 2011, 12:00am

    ... The superlatives over the years from the UN, World Bank and economists to describe China's poverty-fighting successes have been gushing. Among them have been 'enviable', ... though, the poverty line has not been adjusted often enough to keep pace with economic growth, depriving needy people of the help they would have received had it been set at a more realistic ...

  10. Comment - Insight & Opinion

    An economics Nobel for the Chinese Communist Party?

    Posted Oct 26th 2012, 12:00am by Alex Lo

    ... people in the world living on less than US$1 a day- an oft-used definition of extreme poverty, now inflation-adjusted to US$2. During this time, about 400 million mainland Chinese were pulled out of extreme poverty. In other words, some countries had more poor people, others had fewer. But the net result was that the world saw very little poverty reduction if we take China out ...




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