The makeup of their government sounds a lot like the classical mixed republic, with elements of democracy, aristocracy, and monarchy combined into a single set of institutions.
Historically, the states that had this structure tended to encourage some of the most stable and prosperous societies, e.g. the Roman Republic and early modern England.
If Hong Kong is really organized like this, it's not surprising that they have such a strong economy. I suppose how long it will last depends on how long the PRC will maintain their hands-off policy and how long Hong Kong itself can stave off internal pressure to change their constitution to favor one faction or another.
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I didn't know that re Hong Kong's government.
The makeup of their government sounds a lot like the classical mixed republic, with elements of democracy, aristocracy, and monarchy combined into a single set of institutions.
Historically, the states that had this structure tended to encourage some of the most stable and prosperous societies, e.g. the Roman Republic and early modern England.
If Hong Kong is really organized like this, it's not surprising that they have such a strong economy. I suppose how long it will last depends on how long the PRC will maintain their hands-off policy and how long Hong Kong itself can stave off internal pressure to change their constitution to favor one faction or another.