The Importance Of Social Welfare In Hong Kong

903 Words 4 Pages
Introduction
After years of transformation, Hong Kong has become one of the developed regions. The citizens began to pursuit a better quality of life, rather than the basic living standards. The demand for a wider scope of welfare policies grew beyond the society. The provision of social welfare has therefore become an essential element in government administration. The Hong Kong Government has offered social services to different tiers of recipients. There are existing policies aiming at safeguarding social security, retirement protection, ageing population and the disabled individuals. This essay will focus on answering three separate questions.

The writer disagrees with the first statement, which states that the government should not be the prime provider of welfare. Though there is the existence of government failure in resource distribution, it can ensure that the general public who desire for social welfare can obtain it, even they are too costly for an individual to bear with. The society can benefit from it in the long-term. About the second statement, the writer agrees with the view, which family is becoming less capable to guarantee the welfare of the family members, due to reasons such as price inflation and the reduction in women’s fertility ratio. In the last statement it is believed that the private market cannot function well to allocate resources equally to the whole society, which may lead to inequality in social welfare.
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It is foreseeable in the future the Hong Kong Government will provide more social welfare like the Universal Retirement Protection Scheme. The social welfare will be predicted to change and targeted on the increase of

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