The protruding implications of privatization: Attractive potentials leading to unpleasant consequences

Lina VYAS, Sabrina LUK

Research output: Contribution to journalArticle

Abstract

Privatization has become a worldwide trend in public management for reducing the burden on public bureaucracies, ameliorating the fiscal deficits and contributing towards efficiency in service provision. Though the intention of the government carries attractive potentials, it results in unpleasant consequences. Like many governments worldwide, the Hong Kong government has followed this path too. A focus on the privatization launched by Hong Kong Housing Authority (HKHA) demonstrates that the reform failed to achieve its objectives. The article traces the implementation of these changes and assesses their impacts on the government at large. Copyright © 2012 Taylor & Francis.
Original languageEnglish
Pages (from-to)322-332
JournalJournal of Asian Public Policy
Volume5
Issue number3
DOIs
Publication statusPublished - Nov 2012

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privatization
Hong Kong
public management
bureaucracy
deficit
housing
efficiency
reform
trend

Citation

Vyas, L., & Luk, S. (2012). The protruding implications of privatization: Attractive potentials leading to unpleasant consequences. Journal of Asian Public Policy, 5(3), 322-332. doi: 10.1080/17516234.2012.740786

Keywords

  • Privatization
  • Market orientation
  • Efficiency