Leo Francis Goodstadt
Adjunct Professor, Business & Administrative Studies

Biography

Leo F. Goodstadt was chief policy adviser to the Hong Kong Government as Head of its Central Policy Unit from 1989 to 1997, where he was responsible for generating initiatives on a wide range of financial, budgetary and political issues. He is currently involved in economic research and investment management relating to Asia. He has been awarded five Research Fellowships at the Hong Kong Institute for Monetary Research since 2005. He has a close connection with the University of Hong Kong where he held a Commonwealth Scholarship (1962-64) and was appointed a lecturer in economics (1964-66), honorary lecturer in law (1979-85); an honorary research fellow at its Centre of Asian Studies (1977-98, 2005-11); and an honorary institute fellow at its Hong Kong Institute for the Humanities and Social Sciences (2011-). His published research includes articles on a wide range of economic and political issues in Hong Kong. He has also published books and academic articles on China's economic management and its fiscal, demographic and agricultural systems. Prior to 1989, he was engaged as a consultant economist by a number of major corporations with substantial exposure in the Asian region, particularly in the banking sector. Since 1998, he has resumed his private-sector activities. From 1966 to 1976, he worked at the Far Eastern Economic Review where he became Deputy Editor, with special responsibility for coverage of China and Hong Kong. He was Editorial Director of Asiabanking (1981-86) and Hong Kong correspondent for Euromoney (1978-88) and the London Times (1967-73). His record of public service in Hong Kong includes past membership of eight statutory and advisory bodies, as well as of the Hang Seng Index Advisory Committee.

Publications and Further Research Outputs

Peer-Reviewed Publications

Leo F. Goodstadt, Poverty in the Midst of Affluence: How Hong Kong Mismanaged its Prosperity , second (revised), Hong Kong, Hong Kong University Press, 2014, vii - 264pp Book, 2014

Leo F. Goodstadt, Poverty in the Midst of Affluence: How Hong Kong Mismanaged Its Prosperity, Hong Kong, Hong Kong University Press, 2013, vii - 264pp Book, 2013

Leo F. Goodstadt, Fu zhong zhi pin: Xianggang shehui maodun de genyuan (富中之貧:香港社會矛盾的根源) (Poverty in the Midst of Affluence: How Hong Kong Mismanaged its Prosperity), Homg Kong, Hong Kong, Enrich Publishing Ltd, 2015, 5 - 284pp Book, 2015

Leo F. Goodstadt, Uneasy Partners: The Conflict between Public Interest and Private Profit in Hong Kong, Second, Hong Kong, Hong Kong University Press, 2009, vii - 337pp Book, 2009

Leo F. Goodstadt, Profits, Politics and Panics: Hong Kong's Banks and the Making of a Miracle Economy, 1935-1985 , Hong Kong, Hong Kong University Press, 2007, vii - 315pp Book, 2007

Leo F. Goodstadt, Reluctant Regulators: How the West Created and China Survived the Global Financial Crisis, Hong Kong, Hong Kong University Press, 2011, vii - 205pp Book, 2011

Leo F. Goodstadt, 'The Global Crisis: Why Regulators Resist Reforms', HKIMR Working Paper No. 32/2009, November 2009 , 2009 Working Paper, 2009 URL URL

Leo F. Goodstadt, Guan Shang Tong Mou: Xianggang Gongyi Sili de Maodun (官商同謀 -- 香港公義私利的矛盾) (Uneasy Partners:The Conflict between Public Interest and Private Profit in Hong Kong), Hong Kong, Enrich Publishing Ltd, 2011, 7 - 373pp Book, 2011

Leo F. Goodstadt, Yanfang jinrong haixiao chonglin: Xianggang jianguan wenhua de qishi (嚴防金融海嘯重臨: 香港監管文化的啟示) (Reluctant Regulators: How the West Created and China Survived the Global Financial Crisis), Hong Kong, Enrich Publishing Ltd, 2012, 8-252pp Book, 2012

Leo F. Goodstadt, Uneasy Partners: The Conflict between Public Interest and Private Profit in Hong Kong, Hong Kong, Hong Kong University Press, 2005, vii - 337pp Book, 2005

Leo Goodstadt, Regina Connolly and Frank Bannister, 'E-identity cards; Lessons from Hong Kong?', The 13th European Conference on eGovernment: ECEG 2013 , Como, Italy, 13-14 June 2013, edited by Walter Castelnovo and Elena Ferrari , Academic Conferences and Publishing International Ltd, 2013, pp213 - 220 Conference Paper, 2013

Leo F. Goodstadt, 'China's Financial Reforms: Why Dysfunctional Banking Survives', HKIMR Working Paper No. 02/2012, January 2012 , 2012 Working Paper, 2012 URL URL

Leo F. Goodstadt, 'China's LGFV Crisis 2011: The Conflict between Local Autonomy, National Interest and Financial Reforms', HKIMR Working Paper No. 03/2012, January 2012 , 2012 Working Paper, 2012 URL URL

Leo F. Goodstadt, 'The Global Crisis: Why Laisser-faire Hong Kong Prefers Regulation', HKIMR Working Paper No. 01/2010, 2010 Working Paper, 2010 URL URL

Leo F. Goodstadt, 'Government without Statistics: Policy-making in Hong Kong 1925-85, with special reference to Economic and Financial Management', HKIMR Working Paper No. 6/2006, April 2006, 2006 Working Paper, 2006 URL URL

Leo F. Goodstadt, 'The Global Crisis: Fatal Decisions - Four Case Studies in Financial Regulation', HKIMR Working Paper No. 33/2009, November 2009 , 2009 Working Paper, 2009 URL URL

Leo F. Goodstadt, 'Fiscal Freedom and the Making of Hong Kong's Capitalist Society', China Information, 24, (3), 2010, p273 - 294 Journal Article, 2010 DOI

Leo F. Goodstadt, 'Crisis and Challenge: The Changing Role of the Hongkong & Shanghai Bank, 1950-2000', HKIMR Working Paper No.13/2005, July 2005, 2005 Working Paper, 2005 URL URL

'Regulation and Financial Stability in Laissez-Faire Hong Kong: A Reassuring Record' in, editor(s)Greg N Gregoriou , The Banking Crisis Handbook , London, CRC, 2010, pp117 - 133, [Leo F. Goodstadt] Book Chapter, 2010

Leo F. Goodstadt, 'A Fragile Prosperity: Government Policy and the Management of Hong Kong's Economic and Social Development', HKIMR Working Paper No. 1/2009, January 2009, 2009 Working Paper, 2009 URL URL

Leo F. Goodstadt, 'Painful Transitions: The Impact of Economic Growth and Government Policies on Hong Kong's 'Chinese' Banks, 1945-70', HKIMR Working Paper No. 16/2006, November 2006, 2006 Working Paper, 2006 URL URL

Leo F. Goodstadt, 'Dangerous Business Models: Bankers, Bureaucrats & Hong Kong's Economic Transformation, 1948-86', HKIMR Working Paper No. 8/2006, June 2006, 2006 Working Paper, 2006 URL URL

" The Global Crisis: Fatal Decisions Four Case Studies in Financial Regulation" in, R. K. Mishra and K. Trivikram , The Global Financial Crisis: Challenges and Opportunities, New Delhi, Academic Foundation, 2013, pp69 - 93, [Leo F. Goodstadt] Book Chapter, 2013

'Fiscal Freedom and the Making of Hong Kong's Capitalist Society' in, Ray Yep , Negotiating Autonomy in Greater China: Hong Kong and its Sovereign Before and After 1997, Copenhagen, NIAS Press, 2013, pp81 - 109, [Leo F. Goodstadt] Book Chapter, 2013

Leo F. Goodstadt, 'Unwelcome Welfare -- How Hong Kong policy-makers resisted pressures for a modern system of social services, 1960-84', Social Transformations in Chinese Societies, 9, (1), 2013, p21 - 53 Journal Article, 2013

Leo F. Goodstadt, 'The Local Government Crisis 2007-2014: When China's Financial Management Faltered', HKIMR Working Paper No. 27/2014, October 2014, 2014 Working Paper, 2014 URL URL

Leo F. Goodstadt, 'China's Banking: How Reforms Lost Momentum', HKIMR Working Paper No. 26/2014, October 2014, 2014 Working Paper, 2014 URL URL

Leo F. Goodstadt, Regina Connolly and Frank Bannister, 'The Hong Kong e-Identity Card: Examining the Reasons for Its Success When Other Cards Continue to Struggle', Information Systems Management, 32, (1), 2015, p72 - 80 Journal Article, 2015 DOI

The Struggle for Autonomy in, editor(s)John M. Carroll and Chi-kwan Mark , Critical Readings on the Modern History of Hong Kong vol. 1, Leiden, Brill, 2015, pp227 - 256, [Leo F. Goodstadt] Book Chapter, 2015

An Avoidable Crisis: the 1965 Bank Runs in, editor(s)John M. Carroll and Chi-kwan Mark , Critical Readings on the Modern History of Hong Kong Vol 3, Leiden, Brill, 2015, pp1181 - 1202, [Leo F. Goodstadt] Book Chapter, 2015

Non-Peer-Reviewed Publications

'Social Services: A Hostile Environment' in, editor(s)Tony Latter , Hong Kong's Budget: Challenges and Solutions for the Longer Term, Hong Kong, Civic Exchange, 2009, pp35 - 57, [Leo F. Goodstadt] Book Chapter, 2009 URL

'Laissez-faire's limitations: The evolution of monetary policy in Hong Kong, 1935-80' in, editor(s)Catherine R. Schenk , Hong Kong SAR's Monetary and Exchange Rate Challenges: Historical Perspectives , Basingstoke, Palgrave Macmillan, 2009, pp75 - 94, [Leo F. Goodstadt] Book Chapter, 2009

'Business friendly and politically convenient - the historical role of functional constituencies' in, editor(s)Christine Loh , Functional Constituencies: A Unique Feature of the Hong Kong Legislative Council, Hong Kong, Hong Kong University Press, 2006, pp41 - 57, [Leo F. Goodstadt] Book Chapter, 2006

Leo F. Goodstadt, The Rise and Fall of Social, Economic and Political Reforms in Hong Kong, 1930-1955', Journal of the Royal Asiatic Society Hong Kong Branch, 44, 2004, p57 - 81 Journal Article, 2004

Llew Ff. Goodstadt, 'Gwas Gostyngedig, Gweinidog Godidog', Y Cylch Catholig , (Rhifyn arbennig), 2010, p28 - 34 Journal Article, 2010

Research Expertise

Description

Hong Kong & Mainland China: economic development strategies; international trade relations; regulatory policies, particularly financial markets & telecommunications; managament of political and social change; the impact of colonialism

Keywords

Development economics; Economic history, theory; Economic policy making; Economics; Economics of public policy; Hong Kong & Mainland China: economic development strategies

Recognition

Representations

Awards and Honours

CBE (1996), JP (1983), Honorary Fellow University of Hong Kong (2001), Honorary Fellow Trinity College Dublin (2015)