Implications of Singapore's experience for the privatization of public housing management in Hong Kong

Pao Yue-kong Library Electronic Theses Database

Implications of Singapore's experience for the privatization of public housing management in Hong Kong

 

Author: Cheng, Hang-yee
Title: Implications of Singapore's experience for the privatization of public housing management in Hong Kong
Degree: M.Sc.
Year: 1998
Subject: Public housing -- China -- Hong Kong -- Management
Public housing -- Singapore -- Management
Privatization -- China -- Hong Kong
Privatization -- Singapore
Hong Kong Polytechnic University -- Dissertations
Department: Multi-disciplinary Studies
Dept. of Management
Pages: vi, 79 leaves : ill. ; 30 cm
Language: English
InnoPac Record: http://library.polyu.edu.hk/record=b1439085
URI: http://theses.lib.polyu.edu.hk/handle/200/1583
Abstract: This dissertation looks at the Singaporean experience of privatizing public housing management and explores its applicability in Hong Kong. It identifies the strengths and weaknesses of the existing system of public housing management in Hong Kong and argues that government failure is the root cause of the problem, which implies that internal reforms within the government structure will not have result and privatization will be a better alternative. It examines the experience of privatization of estate management in Singapore and identifies the excellence and constraints of the Singaporean model. Given the great similarities of enviromnental and operational factors of estate management in Singapore and Hong Kong, it considers that the Singaporean model is applicable to Hong Kong, though slight adjustment to the model and careful design of implementation are needed to address the constraints. It analyses the behaviour of key actors, evaluates government failure and comments on the effects of privatization, around aspects like ownership, competition and regulation using the public choice approach. In view of the advantages of adopting the Singaporean model, like overcoming govermnent failures, achieving more with limited government resources, providing more effective incentive and monitoring structure, giving wider choice to consumers which will result in increase in economic efficiency and service quality of estate management, privatization based on the Singaporean model might be the best possible alternative for HA to face challenges ahead.

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