This title was first published in 1979: Hong Kong’s successful transformation from traditional entrepot economy into a major industrial city-state and an important financial centre in the fr East has often been acclaimed as one of the ‘economic miracles’ in the history of the modern world. Within the thirty years, the per capita income has increased about 13 times (reaching nearly US $ 3, 000 in 1978) and ranked third in the entire Far East region, second only to Japan and Singapore, while Hong Kong’s total exports multiplied 11 times ranking 20th in the whole world. in A collection of essays exploring the economic growth and structural change, including features if the Chinese family; population and housing problems; a study of material gains and impact on life-satisfaction.