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Article: Government Intervention in Housing: Convergence and Divergence of the Asian Dragons

TitleGovernment Intervention in Housing: Convergence and Divergence of the Asian Dragons
Authors
KeywordsDragon economies
Government intervention
Housing subsidy
Development strategy
Issue Date2008
PublisherRoutledge. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/08111146.asp
Citation
Urban Policy and Research, 2008, v. 26 n. 3, p. 249-269 How to Cite?
AbstractThis paper compares housing policies among the Asian Dragons and explains their convergence and divergence from the perspective of government intervention and the historical contingencies of the housing policies themselves. It argues that before the regional economic crisis, the four Little Dragons diverged over a spectrum within the liberalist type, whereas China constituted a marketised socialist system. Since the crisis, government intervention generally retreated, except South Korea, in order to resolve housing problems ensued by past policies and the changed economic circumstances. Overall, the intensity of subsidy is determined by the socio-political and economic roles of housing in the development processes, whereas regulatory and supply controls are attributable to supply and demand imbalance and the state ownership of land and development rights.
Persistent Identifierhttp://hdl.handle.net/10722/60807
ISSN
2015 Impact Factor: 0.896
2015 SCImago Journal Rankings: 0.585
ISI Accession Number ID

 

DC FieldValueLanguage
dc.contributor.authorChiu, RLHen_HK
dc.date.accessioned2010-05-31T04:19:01Z-
dc.date.available2010-05-31T04:19:01Z-
dc.date.issued2008en_HK
dc.identifier.citationUrban Policy and Research, 2008, v. 26 n. 3, p. 249-269en_HK
dc.identifier.issn0811-1146-
dc.identifier.urihttp://hdl.handle.net/10722/60807-
dc.description.abstractThis paper compares housing policies among the Asian Dragons and explains their convergence and divergence from the perspective of government intervention and the historical contingencies of the housing policies themselves. It argues that before the regional economic crisis, the four Little Dragons diverged over a spectrum within the liberalist type, whereas China constituted a marketised socialist system. Since the crisis, government intervention generally retreated, except South Korea, in order to resolve housing problems ensued by past policies and the changed economic circumstances. Overall, the intensity of subsidy is determined by the socio-political and economic roles of housing in the development processes, whereas regulatory and supply controls are attributable to supply and demand imbalance and the state ownership of land and development rights.-
dc.languageengen_HK
dc.publisherRoutledge. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/08111146.asp-
dc.relation.ispartofUrban Policy and Researchen_HK
dc.subjectDragon economies-
dc.subjectGovernment intervention-
dc.subjectHousing subsidy-
dc.subjectDevelopment strategy-
dc.titleGovernment Intervention in Housing: Convergence and Divergence of the Asian Dragonsen_HK
dc.typeArticleen_HK
dc.identifier.emailChiu, RLH: rlhchiu@hkucc.hku.hken_HK
dc.identifier.authorityChiu, RLH=rp00997en_HK
dc.identifier.doi10.1080/08111140802301781-
dc.identifier.scopuseid_2-s2.0-77957026038-
dc.identifier.hkuros164286en_HK
dc.identifier.volume26-
dc.identifier.issue3-
dc.identifier.spage249-
dc.identifier.epage269-
dc.identifier.isiWOS:000207684200002-
dc.publisher.placeAustralia-

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