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Economic Restructuring and HRM in Hong Kong

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  • Ng Sek Hong
  • CAROLYN POON

Abstract

This article discusses the human resource implications of' business readjustment and advances in Hong Kong as its economy is restructured into a post-industrial centre of tertiary service industries. Corporate reforms are benchmarked against Western practices of exploring flexibilities and competitiveness which emphasize labour performance and cost savings. However, job security does not appear to have been eroded, possibly betraying an Oriental importance placed upon trust and commitment between employer and employee. As a meeting-place where Eastern and Western cultural practices interface, Hong Kong probably remains economically resilient by keeping its normative and institutional permissiveness in a hybrid mix of Western and Oriental practices.

Suggested Citation

  • Ng Sek Hong & CAROLYN POON, 1997. "Economic Restructuring and HRM in Hong Kong," Asia Pacific Business Review, Taylor & Francis Journals, vol. 3(4), pages 34-61, June.
    • Handle: RePEc:taf:apbizr:v:3:y:1997:i:4:p:34-61
    DOI: 10.1080/13602389700000042
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