Citizens' attitudes towards economic insecurity and government after the 2007 financial tsunami: A Hong Kong and Taiwan comparison

Kate Yeong Tsyr Wang*, Chack Kie Wong, Kwong Leung Tang

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

4 Citations (Scopus)

Abstract

Wang KY-T, Wong C-k, Tang K-L. Citizens' attitudes towards economic insecurity and government after the 2007 financial tsunami: A Hong Kong and Taiwan comparison The purpose of this study was to investigate people's attitudes to economic insecurity and government in Hong Kong and Taiwan after the financial tsunami of 2007. Random sampling telephone surveys were conducted in July 2009. These are the main conclusions: First, the most vulnerable groups hurt by the financial crisis were low-income families and people who had lost their job or were afraid of losing it. This implies that the old policy issue of social stratification and the emerging policy issue of employment insecurity coexisted during the financial crisis. Second, personal experiences of economic insecurity had an influence on people's perceptions of the severity of the economic crisis at the societal level. Third, citizens had ambivalent feelings about public interventions during the crisis. Fourth, there were both convergence and divergence between Hong Kong and Taiwan with regard to attitudes to particular issues. The policy implications of these findings are discussed in the final section of this article.

Original languageEnglish
Pages (from-to)152-163
Number of pages12
JournalInternational Journal of Social Welfare
Volume22
Issue number2
DOIs
Publication statusPublished - 2013 Apr

Keywords

  • Financial crisis
  • Government interventions
  • Hong Kong
  • Public opinions
  • Taiwan

ASJC Scopus subject areas

  • Sociology and Political Science

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