Description
Book SynopsisGovernments around the world are wrestling with the problems of enormous debts, low growth, high unemployment and a gap between the demands of public expenditure and what can be raised through taxation.
Trade Review"This is an excellent book. It brings a highly informed, exterior perspective to the debate on the particulars of the remarkable Hong Kong Revenue Regime. There is a real freshness about the discussion, which benefits from a number of well chosen comparative reflections in addition to its strong theoretical foundations." Richard Cullen, Visiting Professor, Faculty of Law, University of Hong Kong // "There is much recent interest in policies that can address the problem of inequality without at the same time having adverse effects on economic growth. Purves' book, which focuses on the importance of the land tax system in explaining the economic success of Hong Kong, is a timely and important contribution to the debate." Sock-Yong Phang, Professor of Economics, Singapore Management University // "In No Debt, High Growth, Low Tax, Andrew Purves, who grew up in Hong Kong, unravels the enigma of these two misfits in the economic firmament." Ciaran Ryan, Moneyweb // "A highly readable, succinct, exposition of the subject. [Purves] managed to strike the right balance between detailed data and text so as not to overload the reader." Roger Nissim - surveyor and author of Land administration and Practice in Hong Kong
Table of ContentsIntroduction, Landholding in Hong Kong, Taxation in Hong Kong, Other sources of revenue in Hong Kong, The Mass Transit Railway, Singapore, Conclusion, Postscript (on mainland China)
