One drawback of cash handouts to the poor is that they can discourage some recipients from working as much, or at all. Photo: K.Y. Cheng One drawback of cash handouts to the poor is that they can discourage some recipients from working as much, or at all. Photo: K.Y. Cheng
One drawback of cash handouts to the poor is that they can discourage some recipients from working as much, or at all. Photo: K.Y. Cheng
Richard Wong
Opinion

Opinion

The View by Richard Wong

Cash subsidies go only so far in reducing poverty in Hong Kong

The plight of the poor in Hong Kong needs to be addressed, but we must recognise that cash subsidies only go so far in alleviating the problem

One drawback of cash handouts to the poor is that they can discourage some recipients from working as much, or at all. Photo: K.Y. Cheng One drawback of cash handouts to the poor is that they can discourage some recipients from working as much, or at all. Photo: K.Y. Cheng
One drawback of cash handouts to the poor is that they can discourage some recipients from working as much, or at all. Photo: K.Y. Cheng
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Richard Wong

Richard Wong

Richard Wong Yue-chim is the Philip Wong Kennedy Wong Professor in Political Economy at the University of Hong Kong