This book considers the patterns, strategies, and consequences of industrial restructuring in two dynamic Asian city-states, Hong Kong and Singapore, in the global economy. It highlights the institutional differences between the two industrial economies.
1. Hong Kong and Singapore in the World Economy 2. Historical Trajectories: Common Legacies, Different Outcomes 3. Hong Kong: Locked into Labor-intensive Manufacturing 4. Singapore: Manufacturing Fortunes in "Sunrise" and "High Noon" Industries 5. Hong Kong versus Singapore: Divergent Paths of Economic Change 6. Comparing Institutional Legacies and Trajectories 7. Conclusion