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Hong Kong SAR Economic Integration with the Pearl River Delta

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  • Olaf Unteroberdoerster
  • Hongyi Chen
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    Abstract

    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.

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    Bibliographic Info

    Paper provided by International Monetary Fund in its series IMF Working Papers with number 08/273.

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    Length: 0
    Date of creation: 01 Dec 2008
    Date of revision:
    Handle: RePEc:imf:imfwpa:08/273

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    Related research

    Keywords: Trade; Financial sector; Trade integration; Investment policy; Infrastructure; Services sector; Human capital;

    This paper has been announced in the following NEP Reports:

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    1. Olaf Unteroberdoerster & Cynthia Leung, 2008. "Hong Kong SAR as a Financial Center for Asia: Trends and Implications," IMF Working Papers 08/57, International Monetary Fund.
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