To Plan or Not to Plan: The Experts Debate MIT economists Berger and Lester think Hong Kong needs an industrial strategy. Harvard's Enright believes Hong Kong is doing fine without one ENRIGHT -- Hong Kong will thrive as a services hub for East Asia thanks to its location and superior business environment -- While a large portion of manufacturing has moved out, local companies will still control design, quality control, logistics, and global merchandising -- The government should avoid picking winners and focus on improving education and infrastructure, while safeguarding its legal system BERGER AND LESTER -- If Hong Kong doesn't shore up its manufacturing base, service industries will also suffer -- Hong Kong companies lose their edge the further production moves from South China -- Government incentives are needed to promote higher-tech industries Return to main story

Updated June 15, 1997 by bwwebmaster
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