Electronic Resource
Oxford, UK
:
Blackwell Publishing Ltd
Economic affairs
25 (2005), S. 0
ISSN:
1468-0270
Source:
Blackwell Publishing Journal Backfiles 1879-2005
Topics:
Economics
Notes:
Hong Kong has used a system of planning by consent that predates planning by edict. By selling long leases on a contractual basis, the government has an incentive to provide the contractual terms, obligations and rights to the leaseholder that maximise the value of the land. This system has been effective in generating fiscal revenue and producing good planning outcomes in a resource-poor economy.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1111/j.1468-0270.2005.00583.x
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