Planning by Contract : The Leasehold Foundation of a Comprehensively Planned Capitalist Land Market

Hong Kong has used a system of planning by consent that predates planning by edict. By selling long leases on a contractual basis, the government has an incentive to provide the contractual terms, obligations and rights to the leaseholder that maximise the value of the land. This system has been effective in generating fiscal revenue and producing good planning outcomes in a resource-poor economy

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Year of publication:	2009
Authors:	Lai, Lawrence Wai-Chung
Publisher:	[S.l.] : SSRN
Subject:	Bodenmarkt \| Land market \| Landpacht \| Land rental \| Vertrag \| Contract \| Kapitalismus \| Capitalism \| Theorie \| Theory

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Extent:	1 Online-Ressource (3 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Economic Affairs, Vol. 25, No. 4, pp. 16-18, December 2005
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014061041