Experience and research strongly suggest that privatisation has been effective for enhancing efficiencies and lowering costs, provided there is a competitive environment. While governments for the most part have avoided transfers of public sector monopolies to private ones, the result in the...

Hong Kong uses a common law ownership system for property held in multiple ownership. Many problems have arisen with the process of managing high rise multiple ownership property resulting in dilapidated, unsafe buildings. The Government is considering changing the ownership method to a...

Governments in their port reform efforts have experimented with liberalization and commercialization to improve port operations. Because of their failure to meet expectations or because of changing competitive environments, these options have generally been discarded in favour of privatization....