The education reform in Hong Kong has been in place since 2000. The reform is a gigantic one covering the entire education system. This paper examines some major policy changes pertaining to academic structure, curriculum, admissions system and school places allocation, examination and assessment reforms, Direct Subsidy Scheme schools and ‘through-train' schools. Applying Bourdieu and Coleman's concepts of cultural and social capital, we argue that while the new policies may be well-intentioned, their implementation is accompanied by the erosion of Hong Kong's cultural and social capital.
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