Abstract

Economic policy in Hong Kong is frequently cited as a shining example of the laissez‐faire model for development, with minimal government intervention. However, the government has played a bigger role in the economy than is often recognized, responding to market failures, social problems, and the needs of the business community. Information technology (IT) policy in Hong Kong has mirrored the colony's laissez‐faire economic strategy, with little government effort to promote the production or use of IT products and services. Hong Kong has become an advanced user of IT in several economic sectors and an assembly site for personal computer hardware. However, like much of the manufacturing sector, the computer industry is moving much of its production to China, causing concern about the future of Hong Kong's economy. While some people feel that Hong Kong can flourish as a financial and business services center, others feel that this role will be diminished as the Chinese economy liberalizes and other centers ...

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