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1 Μαρ 2024 · Today, the total wealth of Hong Kong’s richest 0.001% accounts for over half of the city’s income, a larger share than for any country in the world. Voter preference surveys suggest an alliance between business elites with disproportionate power in the legislature and the mainland-aligned government may drive inequality by denying political ...
8 Οκτ 2022 · By combining multiple sources of data (household surveys, fiscal data, wealth rankings, national accounts) and methodological innovations, two main findings are obtained. First, he evidence suggests a very large rise in income and wealth inequality in Hong Kong over the last four decades.
In this section, we describe step-by-step how we construct the inequality series of wage and total income in Hong Kong. Wage Distribution Step 1. We start by estimating the wage distributional series (svy_wage3) using Hong Kong income survey data (sample datasets from Hong Kong population census). However, there are two concerns:
15 Ιουλ 2021 · We find a very large rise in wage inequality since 1981, especially since the Handover of Hong Kong to China. We also observe an enormous increase in the capital share and the top wealth share (normalized by national income) since 2000. Today Hong Kong’s very top wealth share (top 0.001%) is ranked at very top in the world.
Population | Per adult national income. More options. Share Data Info. Hong Kong The source for global inequality data. Open access, high quality wealth and income inequality data developed by an international academic consortium.
6 Οκτ 2022 · The pandemic has exacerbated Hong Kong’s wealth gap, with the city’s poorest making 47 times less than its richest residents, Oxfam Hong Kong has said. In the pre-COVID-19 era, the highest earners made 34.3 times more.
the wealth gap continues to widen, inequality has continued to worsen. According to Oxfam’s latest report titled ‘Reward Work, Not Wealth’, 82% of the wealth created in 2017 went to the world’s richest 1%.
