From a labour-surplus to a labour-scarce economy: challenges to human resource management in Hong Kong |
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| Authors: | Stephen Chiu David A Levin |
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| Institution: | 1. Department of Management and W. T. Beebe Institute of Personnel and Employment Relations;2. Department of Management, Georgia State University , PO Box 4014, Atlanta, Georgia 30302-4014, USA |
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| Abstract: | In this paper, the acute problems faced by the market economy of Hong Kong are assessed. These are seen to arise from the shift in the labour market from labour surplus to labour scarcity. The major geo-political role of Hong Kong both in servicing the extendal capital requirements of South China and as a key state within the conurbation of ‘little dragons’ is also examined. The consequences of this structural shift in terms of the challenges being mounted to HRM both strategically and functionally are also evaluated and are interpreted as an evolutionary process. |
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| Keywords: | China Foreign Trade Corporation human resource management personnel management |
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