Paul Yip

Associate Professor in Economics, Nanyang Technological University

Dr Yip is currently an Associate Professor in Economics at the School of Humanities and Social Sciences at Nanyang Technological University. He has extensive central banking and financial experience with the Hong Kong Monetary Authority, the Bank of China and the Bank of East Asia. He has made exchange rate and macroeconomic policy recommendations on China, Singapore and Hong Kong, including recommendations on China’s monetary policies and relevant reforms. His research interests include international monetary economics and foreign direct investments, applied econometrics, and exchange rate systems and macroeconomic policies in China, Singapore and Hong Kong. Dr Yip is also the proponent of China’s exchange rate system reform in 2005.

Night falls as a lone protester walks on the street. (Anthony Wallace/AFP)

Too little, too late and the wrong measures for HK

Hong Kong leader Carrie Lam delivered "The Chief Executive's 2019 Policy Address" on October 16, amidst Hong Kong’s worst political crisis since the 1997 Handover. She announced housing plans and living subsidies to low-income households. Economist Prof Paul Yip opines that these are too little, too late and the wrong measures for current Hong Kong.
Protesters in Hong Kong hold up their hands to symbolise their five demands. (AFP)

Housing measures the top priority in resolving HK’s woes

With the ongoing unrest in Hong Kong, what can its government do to soothe the anger?