Although Hong Kong is an extremely sophisticated, metropolitan city, some even address it as the Pearl of Asia, to manys surprisal; poverty is actually an extremely serious issue in Hong Kong. In this essay, I will start off by assessing the size and trend of poverty in Hong Kong, and then assess the effectiveness of the present social security system in eradicating poverty in Hong Kong.
Size and trend of poverty in Hong Kong
In 2010, the amount universe of Hong Kong in poverty is 1.26 million, which constitutes 18.1% of the pith population, it is the highest figure in the history of Hong Kong, and it is an increase of 60,000 batch from 2009. In impairment of households, 470,000 households are in poverty, it is an increase by 13% since 2001. Out of the households in poverty, 22% are fourth-year households, at 106,000; they are the households that are constituted by members above 65 days old. One out of three fourth-year in Hong Kong is in poverty, there are 290,000 elderly people support in poverty, which is a 15% increase since 2001, the aging population is the main cause of such a phenomenon.
In terms of youth people in poverty (people from 15 years old to 24 years old), 20.1 of the youth population are in poverty, a total of 180,000 people. Analogous to the increase of elderly in poverty, the youth poverty population in poverty is also an increase of 15% from 2001. Now I am going to assess the middle aged in poverty, which refers to people from 45 to 64 years old. 16% - 18% of the total middle-aged population had been in poverty for the past 10 years. However, the amount of people increased from 250,000 in 2001 to 360,000 (40% increase) in 2010, this is caused by the problem of population ageing. Excluding the households constituted by only elderly people, 60% of the households in...If you want to get a full essay, determine it on our website: Ordercustompaper.com
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