Background: Hong Kong is currently a Special Administrative Region of the People's Republic of China. It has autonomy over many policy areas, including finance and education. It is a community of seven million people, which has changed its focus and identity significantly over the last 25 years, from predominantly manufacturing to a service and knowledge economy with particular strengths in financial services.
Purpose: This paper will consider the market for teacher education places and the market for teachers, and explore the career intention and commitment implications of high numbers of well qualified applicants applying for teaching in the context of reduced work opportunities elsewhere, an increasing higher education focus on intake scores and the challenge, for the teaching profession and the education system, of teaching becoming less secure work. Sources of evidence: Governmental and institutional publications and data, along with research and survey findings, together with comparative literature underpin the reactions to past, present and possible future effects on teacher education in Hong Kong.
Main argument: Given its financial focus, Hong Kong would be expected to suffer significantly during the recent financial crisis and that this would impact across all its sectors including Education and Teacher Education. In addition to the financial crisis, other changes have affected teacher education in Hong Kong, including major reforms in curriculum and school and higher education structure and a significantly diminished birth rate reducing posts in teaching, and raising concerns about job security.
Conclusions: Hong Kong is a very prudently managed economy with substantial reserves and a commitment to "small government" and the impact has been different from many other systems. Places on teacher education programmes remained unchanged. Applications for teacher education programmes however increased significantly during the crisis.
[Copyright

An innovative scheme known as Project Yi Jin that provided an alternative route for students who failed in the Hong Kong Certificate of Education Examination (HKCEE) to gain an academic status for, and access to, higher education was evaluated after one year's implementation. A survey of 2416 students via telephone found that students who successfully completed the project had better opportunities for further study and tended to do so at higher academic levels than those who did not complete the programme. They also had better subsequent employment opportunities and felt more satisfied with the course. The programme was found to be gender and age unbiased and was able to differentiate higher academic achievers from lower academic achievers for more advanced academic pursuit. Project Yi Jin has served as a bridge between secondary and tertiary education and provided a route for those who had completed secondary education in Hong Kong with unsatisfactory results and those mature students who are 21 or above to obtain a formal qualification for both employment and continuing education purposes.
[Copyright of International Journal of Lifelong Education is the property of Routledge. Full article may be available at the publisher's website:
http://dx.doi.org/10.1080/026037042000233494]