Y C Richard Wong received his Ph.D. from the University of Chicago in 1981. He was Visiting Scholar at the National Opinion Research Center, University of Chicago in 1985 and at the Hoover Institution, Stanford University in 1989. He joined the School in September 1992, served as Director (1997-2000) of the School of Business, Dean (2001-04) and Acting Dean (2004-07) of the Faculty of Business and Economics, and Deputy Vice-Chancellor and Provost (2004-2010).
Richard is founding Director of the Hong Kong Centre for Economic Research (1987-) and the Hong Kong Institute of Economics and Business Strategy (1999-); a recipient of the Sir Antony Fisher International Memorial Award for his work in advancing economic research on policy issues in Hong Kong; and principal investigator of the Area of Excellence Grant in economic policy and business strategy awarded by the University Grants Committee in 1999.
He had served on a number of public bodies, including, the Exchange Fund Advisory Committee, Housing Authority, Industry and Technology Development Council, and University Grants Committee; and on the Central Policy Unit, Chief Executive’s Commission on Innovation and Technology, Commission on Strategic Development-Committee on Economic Development and Economic Cooperation with the Mainland, Council of Advisors on Innovation and Technology, Dental Council, Economic Advisory Committee, Hospital Authority, Pacific Economic Cooperation Council (Hong Kong Committee), Land and Building Advisory Committee, and Financial Secretary’s Services Promotion Strategy Group.
He was awarded the Silver Bauhinia Star in 1999 by the Government of the Hong Kong Special Administrative Region in recognition of his contributions to education, housing, and industry and technology development. He was appointed a Justice of the Peace in 2000.
He has been Chairman of the Judging Panel of the DHL/SCMP Hong Kong Business Awards since 2006.
His current research focuses are public housing in Hong Kong, the political economy of laissez faire in Hong Kong, and regional economic development in China.
His research on public housing studies the welfare effects of the government public housing strategy and recommends the sale of public housing units to improve efficiency and equity.
He is studying the political economy for the economic success in Hong Kong during the post-war period focusing on the policy of positive non-interventionism. It includes a detailed analysis of all major facets of the Hong Kong economy and society. Structural transformations of Hong Kong's economy and the new division of labour have given rise to numerous highly vocal special interest groups. The research is devoted to the articulation of the challenges and opportunities presented by the opening of China, the integration of Hong Kong with China under one-country two-system, the rising competition from our neighbours amidst rapid structural transformation of the Hong Kong economy, and the globalization of world markets, with special emphasis on the mobility of human resources.
He has led pioneering efforts in studying regional economic development in the Pearl River Delta and Yangzi River Delta regions following China’s economic transformation. His research has revealed on the critical role of Hong Kong in regional and national economic development from the perspective of institutional change and innovation.
He writes a weekly political economy column for the Hong Kong Economic Journal and maintains a blog at http://www.wangyujian.com/.