Private Long-Term Care Insurance in a Super-Aging Society: A Purchasing Motivation Study in Hong Kong
Alex Jingwei HE
Hong Kong, a rapidly aging society, has been grappling with daunting challenges associated with long-term care (LTC) financing. This problem reflects Hong Kong's very long average life expectancy (as of 2019, 82.2 years for men and 88.1 years for women) and very low fertility rate (1,051 births per 1,000 females in the population). The population of citizens aged 65 and above reached 1.31 million (i.e., 17.6% of the total population) in 2019, with the percentage projected to rise as high as 35.9% by 2069. The elderly population (i.e., those aged 85 years and above) is expected to grow faster than the remaining age cohorts (from 153,000 in 2014 to 724,000 in 2064). The HKSAR government has been...
Social Influence and Economic Intervention Policies that Reduce Energy Consumption: Evidence from Air-conditioning Use
Constantine Spandagos, Erik Baark and Masaru Yarime
In 2020, air conditioners consumed 31% of total electricity use in Hong Kong (EMSD, 2022) and electricity generation accounted for 60.4 percent of the city’s greenhouse gas emissions (EPD, 2022). Therefore, policies that encourage energy savings in air-conditioner use are critical if the city wishes to achieve carbon neutrality. Nevertheless, successful policy interventions must be cost-effective and socially acceptable to incentivize energy-saving behaviors...
The Role Science Plays in Reducing Policy Uncertainties: Collaborative Governance for Shipping Emissions Control in Hong Kong and the Greater Bay Area
Jeffrey Chow, Xun Wu and Coco Du
Before the implementation of shipping emissions control, Hong Kong produced the second-highest shipping pollutant emissions levels among cities worldwide. Exhaust emissions from ocean-going vessels (OGVs) near ground level within a few kilometers of densely populated residential areas were devastating to ambient air quality and public health (Lau et al., 2005). Effective policy tackling shipping emissions requires...
Strengthening Climate Risk Governance in China: Disaster Risk Management and Climate Change Adaptation
Xiaofan ZHAO and Ye QI
China is among the countries most susceptible to climate risks. Climate risks emerge from interactions involving climate-related hazards, e.g., extreme weather events and gradually escalating environmental changes, with exposure and susceptibility of human and natural systems. Climate risks are systematic and influence all facets of the socio-economic system, requiring an integrated framework encompassing two policy areas. The first is......
Impacts of the Built Environment on Job Accessibility: A Case Study of Hong Kong
Pengyu ZHU and Xinying TAN
The built environment can significantly influence job accessibility. Nevertheless, the relationship between the built environment and job accessibility varies across cities in light of local charateristics. Previous studies of the relationship between the built environment and job accessibility have centered on low-to-medium-density Western cities. These studies’ empirical results may not apply entirely to Hong Kong, which is highly dense. For instance, higher employment density may......
Strengthening Community Resilience via Data Governance: Lessons from COVID-19 Dashboards
Veronica Qin Ting Li and Masaru Yarime
During the COVID-19 pandemic, interactive dashboards were used widely as effective data tools to track the spread of the virus and help citizens make informed decisions. Data tools could also be utilized to promote public trust and enhance community resilience if they are regulated by carefully designed data policies......
Innovation Policy in the Greater Bay Area: Hong Kong and Shenzhen
Naubahar Sharif and Kevin Chandra
This study systematically compares the innovation policy frameworks in Hong Kong and Shenzhen. We find that innovation policies in Hong Kong are fragmented, overlapping, and lacking in coordination, while innovation policies in Shenzhen are driven by a focused top-down policy framework with a clear division of duties. In addition, there are considerable institutional and cultural gaps hindering the two cities from establishing an integrated regional innovation hub......