Coursework.Info - Inspiration in an Instant

On the left is an image preview of every page of this document, and below are the first 150 words with formatting removed:

ECONOMIC COMPETITIVENESS Economic Development Hong Kong is characterised by its high degree of internationalisation, business-friendly environment, rule of law, free trade and free flow of information, open and fair competition, well-established and comprehensive financial networks, superb transport and communications infrastructure, sophisticated support services, and a well-educated workforce complemented by a pool of efficient and energetic entrepreneurs. Added to these are substantial fiscal reserves and foreign exchange reserves, a fully convertible and stable currency, and a simple tax system with low tax rates. A Free Economy Hong Kong has retained its rating as the freest economy in the world in the 2003 Index of Economic Freedom released by The Heritage Foundation, for the ninth consecutive year. The Cato Institute in the United States, in conjunction with more than 50 economic institutes world-wide, also ranks Hong Kong as the world's freest economy. The International Monetary Fund classifies Hong Kong as an advanced...

Get instant access

• Instant, unlimited access to our documents in full
• Swap your work for free access, or pay £4.99
• To see the full version of this document and 146,922 others

OR

Receive email updates for this category

• Simply tell us your email address and receive a weekly Study Help Email for FREE
• Receive 3 FREE essay views with each email
• Get all the latest essays from Coursework.Info & discussion from TheStudentRoom.co.uk