HO, Lusina <br/><br/>
Mandatory provident funds in Hong Kong :  too little, too late 

 -  2001 
<br/><br/> This article examines the history of the establisment of the MPF and its scope to show that the retirement protection it offers is belated and inadequate. In particular, it argues that , on the one hand, the delay and limited scale of the MPF are due in large part to factors such as the reluctance of the government to provide income protection for the elderly, the predominant influence of the vocal business sector, and the absence of a democratically elected and powerful legislature. On the other hand, the democratization of the lisgislature has been a major factor in bringing forth the MPF, even though this is not the ideal solution preferred by the general public