HKUST PPOL Fall 2024

Professor Tai-Lok Lui addressed Hong Kong’s international profile, stressing the need to adapt to reduced connections with the US while exploring partnerships with ASEAN and European nations. He introduced the idea of “city diplomacy” to enhance Hong Kong’s global presence through cultural initiatives. Mr. Wang Xiangwei argued for a four- or six-year planning approach for Hong Kong, akin to China’s five-year plan. He emphasized the need for a collaborative strategy that empowers citizens and effectively communicates Hong Kong’s narrative to the international community. Professor Heiwai Tang provided an overview of Hong Kong’s economic landscape, noting GDP fluctuations and the importance of key sectors like financial services and tourism. He highlighted the recovery in business formation and the gradual rebound of tourism, while also addressing challenges in retail and fiscal sustainability. Overall, the discussions underscored the need for strategic planning, collaboration, and innovative approaches to enhance Hong Kong’s economic resilience and international standing. LEADERSHIP AND PUBLIC POLICY SEMINAR In a recent seminar, seasoned economist and professor Jamus Lim provided an in-depth analysis of the dynamic economies of Asia. His lecture, titled “In Asian Economies: History, Institutions and Structure,” shed light on the sharp contrasts between the region’s three major economies— China, India, and Japan—highlighting their unique historical trajectories and institutional frameworks. Prof. Lim began by examining the historical context that has shaped these economies, discussing how past policies and events have influenced their current structures. He emphasized the rise of the so-called “Dragon economies” in East Asia, which have significantly contributed to the region’s economic landscape. Additionally, he explored the resource-rich economies in the West and how they interact with their eastern counterparts. A core focus of the seminar was the factors that led to the re-emergence of Asian economies on the global stage. Prof. Lim pointed out key elements such as technological advancements, globalization, and strategic economic policies that have fueled growth. However, he also addressed the challenges these economies have faced, particularly in the aftermath of the COVID-19 pandemic, including supply chain disruptions and shifts in consumer behavior. Looking ahead, Prof. Lim discussed the long-term prospects for Asian economies, emphasizing the importance of adaptability and resilience. He raised critical questions about the region’s political economy, including the impacts of geopolitical tensions, trade relationships, and domestic governance on future growth. Overall, the seminar provided attendees with valuable insights into the complexities and interconnections of Asian economies, equipping them with a better understanding of both the opportunities. 28 CONFERENCES AND EVENTS

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