Hong Kong SAR Economic Integration with the Pearl River Delta

December 1, 2008

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Olaf Unteroberdoerster, and Hongyi Chen. Hong Kong SAR Economic Integration with the Pearl River Delta, (USA: International Monetary Fund, 2008) accessed December 22, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

Hong Kong SAR's economic integration with the Mainland has primarily taken place in the Pearl River Delta (PRD). Taking stock of integration trends, this paper discusses key implications for ensuring economic benefits of further integration are sustained and associated costs minimized. Besides further investments in infrastructure, Hong Kong SAR's role as a producers services and finance hub will depend on frictionless movements of goods, services, people and know-how, requiring policy coordination to further promote trade and investment and developing a common human skills base with the PRD. Regional cooperation will also be needed to minimize the costs of rising levels of cross-border pollution.

Subject: Environment, Exports, Foreign direct investment, Labor, Trade in services

Keywords: Division of labor, Hong Kong SAR, Market capitalization, SAR company, WP

Publication Details

Pages:

29
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2008/273
Stock No:

WPIEA2008273
ISBN:

9781451871319
ISSN:

1018-5941

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