The Economic Roots of the Umbrella Movement in Hong Kong: Globalization and the Rise of China

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Louis Augustin-Jean Anthea Cheung

The Economic Roots of the Umbrella Movement in Hong Kong

Globalization and the Rise of China

Louis Augustin-Jean, Anthea Cheung

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English

Routledge
24 May 2019

Social issues & processes; Demonstrations & protest movements; Economic history

Series: Routledge Contemporary China Series

In the autumn of 2014, thousands of people, young and educated in their majority, occupied the chief business district and seat of the government in Hong Kong. The protest, known as the Umbrella Movement, called for ‘genuine democracy’, as well as a fairer social and economic system.

The book aims to provide a dynamic framework to explain why socioeconomic forces converged to produce such a situation. Examining increasing inequality, rising prices and stagnating incomes, it stresses the role of economic and social factors, as opposed to the domestic political and constitutional issues often assumed to be the root cause behind the protests. It first argues that globalization and the increasing influence of China’s economy in Hong Kong has weighted on salaries. Second, it shows that the oligopolistic nature of the local economy has generated rents, which have reinforced inequality. The book demonstrates that the younger generation, which is still finding its place in society, has been particularly affected by these phenomena, especially with social mobility at a low point.

Offering a new approach to studying the Umbrella Movement, this book will appeal to students and scholars interested in Hong Kong's political landscape, as well Chinese politics more broadly.

By: Louis Augustin-Jean, Anthea Cheung
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 294g
ISBN: 9780367355845
ISBN 10: 0367355841
Series: Routledge Contemporary China Series
Pages: 160
Publication Date: 24 May 2019
Audience: College/higher education , Primary , A / AS level
Format: Paperback
Publisher's Status: Active

Louis Augustin-Jean is Research Fellow in the Centre for Economic Research, the University of Paris-North (CEPN). Anthea H.Y. Cheung is Visiting Lecturer in the Department of Chinese and Bilingual Studies at Hong Kong Polytechnic University, Hong Kong.