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HIEBS
operates with an "open architecture" to facilitate the introduction of new
research programs and projects over time. Currently there are four programs:
- Asia-Pacific
Competitiveness
- Human Resources
- China Financial
Research
-
Asia-Pacific Economic Co-operation Studies
Research
project proposals can be sent to the program leaders for consideration.
Asia-Pacific
Competitiveness
led by Michael Enright and
Zhigang Tao
Competitiveness is critical
in today's world economy. National and regional economies will only prosper in
the future if their firms and industries can remain viable in the face of increasing
global competition. This is especially true of Asia-Pacific economies, whose rise
has been closely linked with international trade and investment, and even more
so for a small open economy such as Hong Kong's. This program focuses on Hong
Kong's competitiveness and on issues of competitiveness in the larger Asia-Pacific
region. A prominent theme is Hong Kong's interaction with the cities of Macao,
Shenzhen, Zhuhai and the province of Guangdong.
Human
Resources
led by Wing Suen and
Y.C. Richard Wong
Hong Kong is becoming a
knowledge-based economy founded on trade and financial services, business and
professional services, and the knowledge-intensive managerial and co-ordination
activities of manufacturing industries. This change, which has occurred more rapidly
in Hong Kong than in any other economy in the world, has profound implications
for Hong Kong's future. Hong Kong requires a competitive market that can quickly
adapt to fluctuations in the economic environment and that will encourage investments
in human capital. But the government still plays a large role in financing and
administering basic education and research. As Hong Kong's economy develops, the
bifurcation of skilled versus unskilled labor will become pronounced. The government
will have to provide a safety net for victims of market forces. The program
studies the operation of the labor market in general and evaluates existing
policies and policy option related to labor, education and welfare.
China
Financial Research
led by Frank Song
Since the establishment
of China's stock market in Shanghai and Shenzhen in early 1990s, there has been
tremendous development in the securities market in China. The remarkable progress
is also accompanied by some inevitable problems. Many important issues, such as
pricing of securities, security regulation, corporate finance, and corporate governance
of listed company, have been raised. A Center
for China Financial Research (CCFR) has been set-up to facilitate research
on securities markets, banking, and financial policies of China and to provide
a platform linking academic researchers with the government and the business community.
CCFR also has established working relationships with well-known research institutions
in China as well as the rest of the world.
Asia-Pacific Economic Co-operation Studies
led by Alan Siu
The
program serves as a linkage between
academic researchers within the University, the government, the business
community, and APEC Study Centres in other countries. The program seeks
to establish institutional links and exchange programs with major policy
research institutions in the region. The connections provide information on
pressing policy concerns so that we can focus our research activities
accordingly. Networking with overseas centres contributes to the promoting
of Hong Kong as a higher education centre in the region.
The
China-Globalization Program
led by Larry Qiu has been integrated under the
Institute for China and Global Development (ICGD).
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