Mr Franklin Lam, founder of HKGolden50, gave a talk entitled ‘Rising city in a sinking world – why we must build capacity for Hong Kong to realise its “outsized” future’ at Lingnan University on 3 December. The talk was organised by the University’s Department of Accountancy.
Mr Lam provided a gloomy outlook on the world in the next ten to twenty years, saying that growth will be a scarce occurrence in economies with ageing populations and burdened with debts and welfare expenditure. While “growth for all” in previous generations will change rapidly to “growth for a minority”, he argued that Hong Kong has all the conditions to counter this worrying trend and become one of the few places that can provide upward mobility for the young and good care for the aged at the same time.
Mr Lam is a Council and Court member of Lingnan University. He has held senior regional leadership positions with a global investment bank, and served as a part-time member of the Central Policy Unit and a member of the Executive Council of the HKSAR Government.