The Economic Roots of the Umbrella Movement in Hong Kong: Globalization and the Rise of China

Front Cover

In the autumn of 2014, thousands of people, young and educated in their majority, occupied the chief business district and seat of the government in Hong Kong. The protest, known as the Umbrella Movement, called for ‘genuine democracy’, as well as a fairer social and economic system.

The book aims to provide a dynamic framework to explain why socioeconomic forces converged to produce such a situation. Examining increasing inequality, rising prices and stagnating incomes, it stresses the role of economic and social factors, as opposed to the domestic political and constitutional issues often assumed to be the root cause behind the protests. It first argues that globalization and the increasing influence of China’s economy in Hong Kong has weighted on salaries. Second, it shows that the oligopolistic nature of the local economy has generated rents, which have reinforced inequality. The book demonstrates that the younger generation, which is still finding its place in society, has been particularly affected by these phenomena, especially with social mobility at a low point.

Offering a new approach to studying the Umbrella Movement, this book will appeal to students and scholars interested in Hong Kong's political landscape, as well Chinese politics more broadly.

 

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

List of tables
1970
the main principles of One
1989
The bumpy road of Hong Kong economy between China
2000
China and globalization forces in the rise of inequality
2016
oligopolistic Hong Kong the local
2016
Conclusion
2016
Index
2018
Copyright

Other editions - View all

Common terms and phrases

About the author (2018)

Louis Augustin-Jean is Research Fellow in the Centre for Economic Research, the University of Paris-North (CEPN).

Anthea H.Y. Cheung is Visiting Lecturer in the Department of Chinese and Bilingual Studies at Hong Kong Polytechnic University, Hong Kong.

Bibliographic information