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    Insight Forum - The Impacts of the Social Unrest and the COVID-19 Epidemic on the Hong Kong Economy, and the Way Forward - YouTube Live Broadcast

     


    Insight Forum - Webinar with Professor Lawrence J. Lau
    The Impacts of the Social Unrest and the COVID-19 Epidemic on the Hong Kong Economy, and the Way Forward


    Tuesday, 29 September, 2020 | 11:00-12:00

    Medium of language: English 

    Speaker
    Professor Lawrence J. Lau
    Ralph and Claire Landau Professor of Economics
    Lau Chor Tak Institute of Global Economics and Finance
    The Chinese University of Hong Kong


    START STREAMING SEPTEMBER 29

     
     
     

     

    • The social unrest and Covid-19 epidemic have dealt a double blow to the Hong Kong economy since Q2 2019, with the former estimated to have shaven 3.7% off the city’s real GDP in 2019, and the latter expected to cause a loss of GDP by as much as 11.4% in 2020.
    • Despite lingering Covid-19 conditions for now, as social unrest has subsided considerably, the Hong Kong economy may recover to positive-growth in 2021. Recovery, however, is likely to be slow unless the Government takes the lead in increasing aggregate demand through suitable and timely public investment expenditures. Some possible areas for such investments are identified.

     

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