Hong Kong Public Budgeting: Historical and Comparative Analyses

✍ Scribed by Brian C. H. Fong

• Publisher: Palgrave Macmillan
• Year: 2021
• Tongue: English
• Leaves: 174
• Series: Hong Kong Studies Reader Series
• Category: Library

✦ Synopsis

This book is a comprehensive, scholarly account of Hong Kong Public Budgeting, spanning from the pre-1997 British rule to the post-1997 Chinese rule. Transcending the existing comparative budgeting studies which are either central-government focused or symmetric local-government focused, this book presents Hong Kong Public Budgeting as a distinctive case of territorial autonomy.

It offers historical and comparative analyses of Hong Kong Public Budgeting, tracing the evolution of budgetary institutions and budgetary decision-making and examining the critical issues of budget openness, budget oversight, and budget allocation.

This book will be of key interest to scholars and students of comparative budgeting studies. It will also be an excellent text for public budgeting instructors and students in East Asia and Hong Kong.

✦ Table of Contents

Disclaimer
Contents
About the Author
List of Figures
List of Tables
Chapter 1: Introduction
Why Study Hong Kong Public Budgeting
How to Study Hong Kong Public Budgeting
Structure of This Book
Bibliography
Part I: Historical Analyses
Chapter 2: Budgetary Institutions
Formation of the Colonial Budgetary Institutions
Fiscal Conservatism
Fiscal Autonomy
Codification Under the 1983 Public Finance Ordinance
Constitutionalization Under the 1984 Sino-British Joint Declaration and the 1990 Basic Law
Conclusion
Bibliography
Chapter 3: Budgetary Decision-Making
Bureaucratic Bargaining Model Before the 1980–1990s
Pluralistic Bargaining Model Since the 1980–1990s
The Cases of 1991 and 1992 Budgets
The Case of 2003–2004 Budget
The Case of 2011–2012 Budget
Conclusion
Bibliography
Part II: Comparative Analyses
Chapter 4: Budget Openness
Research Context
Research Case Background
Hong Kong: A Fiscally Autonomous Entity
Macao: Another Fiscally Autonomous Entity
Taiwan: A De Facto Regime with Full Fiscal Independence
Research Design
Mapping the Regime Trajectories
Studying the State of Budget Openness at Critical Moments of Democratization
Research Findings and Discussion
Other Potential Explanations
Conclusion
Bibliography
Chapter 5: Budget Oversight
Research Context
Research Case Background
Most-Similar-System Comparison of Hong Kong and Macao
Fiscal Autonomy and Oversight Institutions in Hong Kong and Macao
Research Design
Research Findings and Discussion
Research Findings: Similar Oversight Institutions, Different Oversight Practices
Discussion: Why and How the Base of Opposition Politics Matters
Conclusions
Bibliography
Chapter 6: Budget Allocation
Research Context
Research Case Background
Most-Similar-System Comparison of Hong Kong and Singapore
The Public Budgeting Systems of Hong Kong and Singapore
Research Design
Research Findings
Vertical Comparison of Budgetary Demand in Hong Kong
Vertical Comparison of Budgetary Demand in Singapore
Horizontal Comparison of Budgetary Demand Between Hong Kong and Singapore in Their Deficit Years
Horizontal Comparison of Budgetary Demand Between Hong Kong and Singapore in Their Surplus Years
Testing the Correlation Between Budgetary Demand and Budgetary Output
Observations and Explanations
Conclusion
Bibliography
Appendices: Profiles of Hong Kong Public Budgeting
Annual Budget Cycle
Government Accounts
Government Estimates
Glossary of Terms
Financial Statistics
Bibliography