{"title":"Models of fair public ownership: lessons from Singapore and Hong Kong","authors":"Andrew Purves","doi":"10.1504/IJPP.2019.099060","DOIUrl":null,"url":null,"abstract":"The question of public as opposed to private ownership is often cast as ideological or one of economic efficiency. Here, the question will be asked as to whether there are particular assets which should remain in public ownership due to the nature in which their value is created. Viewed in this way, the same public assets can in turn be used to deliver public revenue in a way that does not deter their use - as the revenue arises from economic rent. Examples from Hong Kong and Singapore are used to illustrate their effectiveness in delivering social as well as economic benefits.","PeriodicalId":35027,"journal":{"name":"International Journal of Public Policy","volume":" ","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2019-03-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1504/IJPP.2019.099060","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Public Policy","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1504/IJPP.2019.099060","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Social Sciences","Score":null,"Total":0}
引用次数: 1
Abstract
The question of public as opposed to private ownership is often cast as ideological or one of economic efficiency. Here, the question will be asked as to whether there are particular assets which should remain in public ownership due to the nature in which their value is created. Viewed in this way, the same public assets can in turn be used to deliver public revenue in a way that does not deter their use - as the revenue arises from economic rent. Examples from Hong Kong and Singapore are used to illustrate their effectiveness in delivering social as well as economic benefits.
期刊介绍:
The IJPP proposes and fosters discussion on public policy issues facing nation states and national and supranational organisations, including governments, and how these diverse groups approach and solve common public policy problems. The emphasis will be on governance, accountability, the creation of wealth and wellbeing, and the implications policy choices have on nation states and their citizens. This perspective acknowledges that public policy choice and execution is complex and has ramifications on the welfare of citizens; and that, despite national differences, the actions of nation states are constrained by policies determined by supranational bodies, some of which are not directly accountable to any international body.