Latest Research
July 3, 2020
Youth I.D.E.A.S. 51 Economic Development Facilitating Young People’s Access to Financial Services through Virtual Banking 3 July 2020 According to a Business Insider research service report, the total value of all the world’s virtual banks equalled USD 18.6 billion in 2018, with 26 million users and 50 million accounts. It is expected that the growth of virtual banks is rapid and the total value will increase to USD 63 billion in 2024, with 98 million users and 187 million accounts[1]. The Hong Kong Monetary Authority published a revised set of guidelines on the authorisation of virtual banks […]
April 28, 2020
Youth I.D.E.A.S. 49 Governance Improving Governance by Maximising Effectiveness of Social Media 26 April, 2020 In 2019, an estimated 2.8 billion people were using social media worldwide[1]. The three most popular social media platforms were Facebook, YouTube and WhatsApp[2]. In Hong Kong, there are currently 5.8 million active social media users, representing around 78% of the population[3]. It is generally believed that social media provides a tool for governments to disseminate public and policies-related information, as well as to facilitate interaction with citizens. From the perspectives of policy explanation and public connection, using social media effectively […]
December 10, 2019
Youth I.D.E.A.S. 48 Livelihood Strengthening Intergenerational Understanding 9 December, 2019 A “Generation” refers to a group of people with collective characteristics, who were also born and/or are living within the same time period. The impact of rapid changes in politics, economics, societal and technology would result in the emergence of various cohorts, each with their own individual characteristics and features[1]. Intergenerational relationships are important as every society requires cooperation and interaction between respective generations. Recent social events have triggered vigorous discussions, arguments and sometimes conflict between different generations in Hong Kong. The majority of protesters have […]
October 31, 2019
Youth I.D.E.A.S. 47 Employment and Economics Development Enriching the Experiences of Working Youth through Overseas Exposures 31 September, 2019 Hong Kong is a cosmopolitan city that bridges east and west. It is also an international trade and financial centre. According to the Census and Statistics Department, 9,040 businesses with overseas parent companies are located here and employ 493,000 people. These businesses cover major industries such as trade, wholesale, retail, finance, and professional and business services.[1] Staff with overseas experience are needed for the daily operation of these businesses as well as for their future overseas expansion. […]
September 5, 2019
Youth I.D.E.A.S. 45 Governance and Constitutional Development Strengthening the Role and Functions of District Councils 5 September, 2019 In Hong Kong, the District Administration Scheme has been implemented since 1982. The Scheme aims at promoting community development and nurturing civic responsibility and a sense of belonging. One of the elements of the Scheme is the establishment of District Councils (DCs). The election-based nature and front-line community work experience of DCs has made them an important cradle for training the political talent of Hong Kong. The DCs’ performance, however, has always been criticized. Worse, the number of […]
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