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"According to a media poll, the level of optimism for the future of Hong Kong has plunged from 60% in June 1997 to 26% in April 2002 on the eve of the SAR's fifth anniversary. The financial crisis of 1998, the current economic restructuring and the colonial bureaucracy inherited from the British have alternatively been blamed for Hong Kong's plight. What has happened during these five fateful years that has blunted Hong Kong's pride and brought dissatisfaction to almost all walks of life?" "This collection of articles tries to answer this very question. It is a forum of experts, who try to analyze various aspects of public policies since 1997 and evaluate the government's overall performance. Questions raised include: To what extent are policies consistent compared with those under the colonial rule? What does "One Country, Two Systems" mean under the First Tung Chee-hwa government? To what extent are external forces responsible for the deteriorating economy? How would Mr. Tung's report card look based on his performance in the first five years? As the only comprehensive analysis of this kind available, this volume should be a useful reference for students of politics and policy-makers alike."--BOOK JACKET.