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Reducing Moral Hazard In Deposit Insurance : A Policy Instrument For Generating Regulatory Information, Chengze, Simon Fan
Reducing Moral Hazard In Deposit Insurance : A Policy Instrument For Generating Regulatory Information, Chengze, Simon Fan
Centre for Public Policy Studies : CPPS Working Paper Series
No abstract provided.
Mandatory Occupational Retirement Savings : Towards A Program Design Agenda For Hong Kong, John Dixon
Mandatory Occupational Retirement Savings : Towards A Program Design Agenda For Hong Kong, John Dixon
Centre for Public Policy Studies : CPPS Working Paper Series
The dual purpose of this paper is:
• to provide a context for the Patten administration's latest, and perhaps its last, aged income-support system reform prescription in terms of possible policy goals, the broad spectrum of income support strategies available, and the internationally-recognised minimum standards for social security programs; and
• to set out a specific program design agenda related to program coverage, withdrawal contingencies, program financing and program administration that the Patten administration needs to address when developing its latest proposed aged income-support program.
Managerialism-Something Old, Something Borrowed, Something New : Making Government More Business-Like, John Dixon
Managerialism-Something Old, Something Borrowed, Something New : Making Government More Business-Like, John Dixon
Centre for Public Policy Studies : CPPS Working Paper Series
The panacea for the public sector's self-evidently inadequate performance is seen by many as the need for civil servants to pursue a results-oriented approach to their management using private sector management principles and practices. This managerialist view now pervades public administration in, most notably, Australia, New Zealand, the United Kingdom, Canada and the United States) (Caiden, 1994; Dixon, 1988 & 1995; Dixon & Kouzmin, 1994, Kouzmin, Dixon & Wilson, 1995. Hede, 1991; Ingraham & Peters, 1988; Lane, 1985; Mascarenhas, 1993; Peters, 1994; Pollitt, 1990) and, embrionicly, in Hong Kong (Hong Kong Government, 1995). The purpose of this paper is to …
Congestion Pricing And Public Transport, Lok Sang Ho, Wing Chung Pun
Congestion Pricing And Public Transport, Lok Sang Ho, Wing Chung Pun
Centre for Public Policy Studies : CPPS Working Paper Series
In this paper, we study the problem of optimal road pricing, incorporating public transport into our analysis. We find that when public transport and private transport are substitutes, the welfare implications of optimal road pricing are very different from those when public transport is neglected. In particular, road pricing may lead to Pareto improvement even in the absence of redistribution of toll revenues to road users. We also explain why our result is compatible with the prevalence of opposition to an increase in road toll in everyday experience.