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Article: Privatising the governance and management of existing urban neighbourhoods

TitlePrivatising the governance and management of existing urban neighbourhoods
Authors
KeywordsDispute Resolutions
Leasing
Privatization
Property Management
Residential Property
Taiwan
Issue Date2006
PublisherEmerald Group Publishing Limited. The Journal's web site is located at http://www.emeraldinsight.com/info/journals/pm/pm.jsp
Citation
Property Management, 2006, v. 24 n. 2, p. 98-115 How to Cite?
AbstractPurpose - The purpose of this paper is to explore the idea of transplanting the institution of homeowner associations or similar to existing urban neighbourhoods in order to correct imbalances in patterns of incentives and responsibilities that threaten the liveability and sustainability of cities. Design/methodology/approach - The paper compares a recent published proposal for privatising existing neighbourhoods with the current Taiwan Government's attempt to assist shops on retail streets to create their own micro-governance associations. The paper takes a strongly normative approach, using propositions from economic theory. Findings - The paper identifies several crucial factors in designing an institution for privatising existing commercial neighbourhoods; notably the usage of coercive power and the efficient alignment of property rights. Research limitations/implications - The discussion in the paper rests on a small number of case studies in Taiwan and on qualitative information collected by interviews with key informants. This information is sufficient to illustrate our normative theoretical arguments about institutional design. Practical implications - The paper offers some useful insights for public officials and private entrepreneurs seeking solutions to the problem of regeneration using voluntary urban neighbourhoods management. Originality/value - The paper is the first published work to explore the adoption of homeowner associations in commercial neighbourhoods. It is one of the few papers to analyse the issues arising, using an institutional framework based on the new institutional economics. © Emerald Group Publishing Limited.
Persistent Identifierhttp://hdl.handle.net/10722/183446
ISSN
2015 SCImago Journal Rankings: 0.331
References

 

DC FieldValueLanguage
dc.contributor.authorChen, CYen_US
dc.contributor.authorWebster, Cen_US
dc.date.accessioned2013-05-27T08:38:08Z-
dc.date.available2013-05-27T08:38:08Z-
dc.date.issued2006en_US
dc.identifier.citationProperty Management, 2006, v. 24 n. 2, p. 98-115en_US
dc.identifier.issn0263-7472en_US
dc.identifier.urihttp://hdl.handle.net/10722/183446-
dc.description.abstractPurpose - The purpose of this paper is to explore the idea of transplanting the institution of homeowner associations or similar to existing urban neighbourhoods in order to correct imbalances in patterns of incentives and responsibilities that threaten the liveability and sustainability of cities. Design/methodology/approach - The paper compares a recent published proposal for privatising existing neighbourhoods with the current Taiwan Government's attempt to assist shops on retail streets to create their own micro-governance associations. The paper takes a strongly normative approach, using propositions from economic theory. Findings - The paper identifies several crucial factors in designing an institution for privatising existing commercial neighbourhoods; notably the usage of coercive power and the efficient alignment of property rights. Research limitations/implications - The discussion in the paper rests on a small number of case studies in Taiwan and on qualitative information collected by interviews with key informants. This information is sufficient to illustrate our normative theoretical arguments about institutional design. Practical implications - The paper offers some useful insights for public officials and private entrepreneurs seeking solutions to the problem of regeneration using voluntary urban neighbourhoods management. Originality/value - The paper is the first published work to explore the adoption of homeowner associations in commercial neighbourhoods. It is one of the few papers to analyse the issues arising, using an institutional framework based on the new institutional economics. © Emerald Group Publishing Limited.en_US
dc.languageengen_US
dc.publisherEmerald Group Publishing Limited. The Journal's web site is located at http://www.emeraldinsight.com/info/journals/pm/pm.jspen_US
dc.relation.ispartofProperty Managementen_US
dc.subjectDispute Resolutionsen_US
dc.subjectLeasingen_US
dc.subjectPrivatizationen_US
dc.subjectProperty Managementen_US
dc.subjectResidential Propertyen_US
dc.subjectTaiwanen_US
dc.titlePrivatising the governance and management of existing urban neighbourhoodsen_US
dc.typeArticleen_US
dc.identifier.emailWebster, C: cwebster@hku.hken_US
dc.identifier.authorityWebster, C=rp01747en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.doi10.1108/02637470610657998en_US
dc.identifier.scopuseid_2-s2.0-33646167632en_US
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-33646167632&selection=ref&src=s&origin=recordpageen_US
dc.identifier.volume24en_US
dc.identifier.issue2en_US
dc.identifier.spage98en_US
dc.identifier.epage115en_US
dc.publisher.placeUnited Kingdomen_US
dc.identifier.scopusauthoridChen, CY=7501964394en_US
dc.identifier.scopusauthoridWebster, C=7201838784en_US

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