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Planning Rules and Urban Economic (The Hong Kong Centre for Economic Research) by Staley, Sam, 1961-; Hong Kong Centre for Economic Research is a book available to read on EtoBox.

What is Planning Rules and Urban Economic (The Hong Kong Centre for Economic Research) about?

For both residents and visitors, the most striking and visible feature of Hong Kong's post-war economic miracle is the breathtaking pace of urban development that took place amidst the challenge of a formidable physical terrain, limited supply of land and massive inflows of immigrants. The achievements of Hong Kong in urban and land development outshine not only North American and European urban centres, but the fast growing cities in East Asia as well. To a large measure the enormous success of urban and land development in Hong Kong is due to an urban and land planning system that encourages growth by protecting private property rights and ensuring economic markets work smoothly and efficiently. This has lowered the cost of land and property development and have contributed to lowering prices for residential, industrial and commercial premises relative to what they otherwise would have been. This book explains the contractual basis of the Hong Kong system and its functioning. It points out that this successful system will be compromised as a result of the recommendations proposed by the Hong Kong Government in its Comprehensive Review of the Town Planning Ordinance. According to

Author

Staley, Sam, 1961-; Hong Kong Centre for Economic Research

Publisher

Hong Kong: Published for the Hong Kong Centre for Economic Research by the Chinese University Press

Published

1994

Language

EN

ISBN

9789622016323

Subjects

Social Science, Economics, Social_sciences