Micro Lenders

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Sunday, 26 February 2012

I [Heart] Empire: "Hong Kong Better Under Brits"

Posted on 20:08 by Unknown
Niall Ferguson probably cemented the fashion of extolling the virtues of British empire with his bestselling book from a few years back. While the British empire had its downsides alike slavery earlier on and occasional massacres of various peoples supposedly under the crown, it was, on the balance, quite "developmental." Or at least goes Ferguson's thesis on how the British empire set the stage for the modern world characterized as it is by enhanced trade flows.

Along this line of reasoning we have Hugo Restall penning a WSJ op-ed--the outlet gives away the author's orientation--that claims Hong Kong was better off as a British colony than as a special administrative region of the Republic of China. In many ways it echoes the worst fears many Hong Kong residents had about the 1997 handover. While some wealthier families obtained citizenship elsewhere (particularly in Australia and Canada which grant residency readily for those willing to invest a certain amount) to hedge against possible anti-capitalist tendencies of the incoming ruling class, most accepted the handover as fait accompli. 

This roundabout discussion brings us to the present time when many Hong Kong residents are complaining about the handpicked leaders chosen by the communist Party. While conveniently neglecting to mention popular current chief executive Donald Tsang, the op-ed carps about his unpopular predecessor Tung Chee-Hwa and Tsang's likely successor Henry Tang. Restall also fails to compare Hong Kong's economic performance under the British and Chinese. The latter have undoubtedly provided Hong Kong with much more additional business that complaints about mainlanders' increasing dominance are rife even as it has so much revenue that it doesn't know what to do.

Nevertheless, Restall provides a nuanced argument that skirts the comparison between a "democratic" British rule (which it wasn't) and an unfree Chinese one (which actually provides for representation, albeit in limited form). He begins with the benefits of colonial administration trying to appease a demanding populace:
The Brits created a relatively incorrupt and competent civil service to run the city day-to-day. [Former editor of the now-defunct Far Eastern Economic Review Derek] Davies' countrymen might not appreciate his description of them: "They take enormous satisfaction in minutes, protocol, proper channels, precedents, even in the red tape that binds up their files inside the neat cubby holes within their registries." But at least slavish adherence to bureaucratic procedure helped to create respect for the rule of law and prevented abuses of power. Above the civil servants sat the career-grade officials appointed from London. These nabobs were often arrogant, affecting a contempt for journalists and other "unhelpful" critics. But they did respond to public opinion as transmitted through the newspapers and other channels.

Part of the reason was that Hong Kong officials were accountable to a democratically elected government in Britain sensitive to accusations of mismanaging a colony. But local officials often disobeyed London when it was in the local interest—for this reason frustrated Colonial Office mandarins sometimes dubbed the city "The Republic of Hong Kong." For many decades it boasted a higher standard of governance than the mother country. Mr. Davies nailed the real reason Hong Kong officials were so driven to excel: "Precisely because they were aware of their own anachronism, the questionable legitimacy of an alien, non-elected government they strove not to alienate the population. Their nervousness made them sensitive."
Contrast them with the Chinese and their alleged role in steeping Hong Kong in cronyism:
Contrast all this with Hong Kong post-handover. The government is still not democratic, but now it is accountable only to a highly corrupt and abusive single-party state. The first chief executive, Tung Chee Hwa, and Beijing's favorite to take the post next month, Henry Tang, are both members of the Shanghainese business elite that moved to the city after 1949. The civil service is localized.

Many consequences flow from these changes, several of which involve land, which is all leased from the government. Real estate development and appreciation is the biggest source of wealth in Hong Kong, a major source of public revenue and also the source of most discontent. In recent years, the Lands Department has made "mistakes" in negotiating leases that have allowed developers to make billions of Hong Kong dollars in extra profit. Several high-level officials have also left to work for the developers. This has bred public cynicism that Hong Kong is sinking into crony capitalism.
I can see the Union Jacks waving and hear "God Save the Queen" playing in the background already as Restall calls for more democracy based on his nuanced argument:
Under the British, Hong Kong had the best of both worlds, the protections of democracy and the efficiency of all-powerful but nervous administrators imported from London. Now it has the worst of both worlds, an increasingly corrupt and feckless local ruling class backstopped by an authoritarian regime...

[D]emocracy is the only system that can match the hybrid form of political accountability enjoyed under the British.Mr. Davies ended his appraisal of colonialism's faults and virtues thus: "I only hope and trust that a local Chinese will never draw a future British visitor aside and whisper to him that Hong Kong was better ruled by the foreign devils." Fifteen years later, that sentiment is becoming common.
Email ThisBlogThis!Share to XShare to Facebook
Posted in | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • Today's Resource Curse on Aussie Surfboard Mfg
    Little surfer, little one, make my heart come all undone...with your"Made in China" surfboard? Is there nothing sacred about beach...
  • Yay! Our LSE IDEAS, World's 4th Best Uni Thinktank
    Well here's a nice bit of news concerning LSE IDEAS , the research centre I am associated with. The good folks at the University of Penn...
  • Globocop No More: United States After Unipolarity
    LSE IDEAS has been churning out special reports at such a furious pace that I almost forgot to mention this one concerning The United State...
  • Fake Diploma? Be Ecuador's Next CenBank Chief!
    Ah, Ecuador...the archetypal banana republic. For a country that supposedly loathes the United States via its leader Rafael Correa and his a...
  • Commercialism & Christmas in Non-Christian Societies
    Thailand features Christmas elephants, f'rinstance Your Asian correspondent--obviously Catholic with a name like "Emmanuel"--h...
  • Egypt and the Elusive Interest-Free IMF Loan
    Back in the 80s, I loved Aldo Nova's one-hit wonder " Fantasy ." Instead of treating it as a catchy tune and nothing more, I...
  • How Scuderia Ferrari Improved a Hospital ICU [!]
    Longtime readers will know from my blog FAQs that I am most excited about the field of IPE borrowing from different social science discipli...
  • Lamborghini Aventador, US-Subsidized Supercar
    Now for one of my occasional Robb Report impersonations--albeit with an IPE twist. (We've got style, baby.) In 1998, Lamborghini becam...
  • Patrice Lumumba Friendship University Revisited
    Younger readers probably don't know what the USSR's Patrice Lumumba Friendship University was, so a short introduction is required. ...
  • The Myth of the Inflexible Chinese Communist Party
    Some of you may be familiar with the US-China Economic and Security Review Commission (USCC) that was created by the American congress in 2...

Categories

  • Africa
  • Agriculture
  • Americana
  • Anti-Globalization
  • APEC
  • Bretton Woods Twins
  • Caribbean
  • Casino Capitalism
  • Cheneynomics
  • China
  • Commodities
  • Credit Crisis
  • CSR
  • Culture
  • Currencies
  • Demography
  • Development
  • ds Twins
  • Economic Diplomacy
  • Economic History
  • Education
  • Egypt
  • Energy
  • Entertainment
  • Environment
  • Europe
  • FDI
  • Gender Equality
  • Governance
  • Health
  • Hegemony
  • IMF
  • India
  • Innovation
  • Internet Governance
  • Japan
  • Labor
  • Latin America
  • Litigation
  • Marketing
  • Media
  • Microfinance
  • Middle East
  • Migration
  • Mining
  • MNCs
  • Neoliberalism
  • Nonsense
  • Religion
  • Russia
  • Security
  • Service Announcement
  • Socialism
  • Soft Power
  • South Asia
  • South Korea
  • Southeast Asia
  • Sports
  • Supply Chain
  • Trade
  • Travel
  • Underground Economy
  • United Nations
  • World Bank

Blog Archive

  • ►  2013 (183)
    • ►  December (15)
    • ►  November (17)
    • ►  October (19)
    • ►  September (21)
    • ►  August (14)
    • ►  July (17)
    • ►  June (16)
    • ►  May (8)
    • ►  April (9)
    • ►  March (13)
    • ►  February (14)
    • ►  January (20)
  • ▼  2012 (242)
    • ►  December (21)
    • ►  November (25)
    • ►  October (15)
    • ►  September (17)
    • ►  August (20)
    • ►  July (16)
    • ►  June (17)
    • ►  May (21)
    • ►  April (16)
    • ►  March (20)
    • ▼  February (26)
      • Government Motors, Peugeot's Would-Be "Saviour"
      • Thou Shalt Obey Thy Lord Mandy on Globalization
      • I [Heart] Empire: "Hong Kong Better Under Brits"
      • Japan Ponders Limits of National Superindebtedness
      • PIIGs in a Blanket: IMF & Reverse Robin Hood
      • Onshoring--You Macho Enough to Make in the USA?
      • Pro Death: US Congress Ponders Aborting Ex-Im Bank
      • Ranking World's Largest Container Port Operators
      • Egypt's Beer- & Bikini-Approving Muslim Brotherhood
      • 3 Cheers for Austerity: Iceland is Investment Grade
      • The Race is On to Succeed Zoellick at World Bank
      • TPP is Ludicrous: US Auto, Canadian Agri Edition
      • Day's EU Analogy: Greece 2012 = Versailles 1919
      • Not-So-Still Life: A Greek Riot Scene
      • Revisiting WWII, or When Adidas Made Bazookas
      • Asian Values 2012: Dr Mahathir Kicks West's Hiney
      • Poland's Bid to Become a European Big Beast
      • Kagan the American Exceptionalist Versus Math
      • Fat Chance Saloon: Japan Joining the TPP PTA
      • Choking Iran: Asian Dealings & Its IMF Membership
      • Capturing LSE Involvement in the London Riots
      • IMF Tries a Little Tenderness w/ Greece, Others
      • RMB Internationalization's Coming Along Fine, TY
      • Ry Cooder's Fine Soundtrack to American Decline
      • Attn Deficit Lovers: Why China Should Rule World
      • Asshat Stripping: RBS' Fred Goodwin De-Knighted
    • ►  January (28)
  • ►  2011 (75)
    • ►  December (23)
    • ►  November (21)
    • ►  October (27)
    • ►  September (4)
Powered by Blogger.

About Me

Unknown
View my complete profile