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Purpose – The paper examines the operation of the Land (compulsory sale for redevelopment) Ordinance, one of a series of urban renewal policy initiatives introduced by the Hong Kong Government. The new institutional arrangement was mooted as a means to facilitate greater private sector...
Persistent link: https://www.econbiz.de/10014971611
Purpose – To examine how the allocation of property rights in multiple‐ownership buildings in Hong Kong creates an environment in which the optimization of asset value may be difficult to achieve and in this situation how owners chose to overcome the associated problems of collective action...
Persistent link: https://www.econbiz.de/10014971644
In common with many other cities in the world, Hong Kong has a large number of older and less well‐maintained buildings which, for predominantly economic reasons, are still highly utilised by a variety of mixed and non‐compatible uses. In these circumstances, a comprehensive approach to...
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The Australian Energy Market Commission (AEMC) has commissioned AECOM to undertake a study to investigate the broad costs and benefits of Electric Vehicles (EVs) and Natural Gas Vehicles (NGVs) on their respective energy markets. The study also identifies the arrangements necessary within these...
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Purpose – Place‐based innovation has become central to meeting the complex demands on contemporary public administration. Among the difficulties in introducing new practices is the gap between political authorisation and administrative implementation. This paper aims to use the emergence of...
Persistent link: https://www.econbiz.de/10014899163
Multiple ownership of land can act as a significant barrier to brownfield redevelopment. Despite renewed interest in compulsory purchase, it is unlikely to become the normal remedy for multiple ownership, owing to its cost and complexity. Drawing on international experience and recent research,...
Persistent link: https://www.econbiz.de/10005491614