Brunel University Research Archive (BURA) >
College of Business, Arts and Social Sciences >
Dept of Politics, History and Law >
Dept of Politics, History and Law Research Papers >

Please use this identifier to cite or link to this item: http://bura.brunel.ac.uk/handle/2438/4049

Title: The transfer of property rights from the public to the private sector in Hong Kong: A critical assessment
Authors: Mushkat, M
Mushkat, R
Keywords: Privatization
Liberalization
Competition
Ownership
Divestiture
Efficiency
Distributive justice
Macroeconomic stabilization
Public choice
Publication Date: 2006
Publisher: Taylor & Francis
Citation: Global Economic Review. 35, 445-461
Abstract: The privatization idea may have lost some of its luster in recent years, but it remains relevant in today’s socio-economic environment and is pursued consistently in industrialized and industrializing countries alike. Hong Kong has followed the general pattern in a manner reflecting its particular circumstances and its institutional modus operandi. The underlying logic may not appear highly compelling, from a short-term perspective, yet there are sound grounds for approaching the task positively, if viewed from a multi-year standpoint. Rather surprisingly, for such a quintessentially capitalist society, Hong Kong has not confronted the privatization challenge astutely on the political front and has handled it somewhat mechanically in managerial terms. The benefits to the community may have thus been more modest than one could legitimately expect, given the historical backdrop.
URI: http://bura.brunel.ac.uk/handle/2438/4049
Appears in Collections:Law
Dept of Politics, History and Law Research Papers

Files in This Item:

File Description SizeFormat
THE TRANSFER OF PROPERTY RIGHTS FROM THE PUBLIC TO THE PRIVATE SECTOR IN HONG KONG.pdf181.29 kBAdobe PDFView/Open

Items in BURA are protected by copyright, with all rights reserved, unless otherwise indicated.